It’s fun to watch the dog and pony show at E3 this week, but the reality is that things are tough in every sector.
Consoles are never going to rule the world the way they have in the past. Gaining traction as a smal developer may be the best business model right now.
The only reason Sony was able to post impressive numbers for the year was because they sold off a number of large company assets, most notably their $1.2 billion Tokyo office, and a $1.1 billion New York City building. Sony also canceled TV manufacturing deals with Samsung and Sharp, and sold off their chemical business.