Sony plans on $2.9 billion loss for the year

When Kaz Hirai takes over as CEO of Sony on April 1st, he's going to have to roll up the sleeves of his $10,000 suit and get in a good cry before figuring out the future of the struggling giant. The company announced a loss of ¥159 billion ($2.1B) for the third quarter ending December 31, 2011, with an expected loss of ¥220 billion ($2.9B) for the year. We imagine every meeting between Hirai and outgoing CEO Howard Stringer begins with a sarcastic "Thanks, buddy!"

The consumer products and services division, which includes TVs and PlayStation, had an operating loss of over a billion dollars with sales down 24 percent from the same period.

This is likely due more to the declining sales of Sony's TVs, video cameras and PCs, than it is of the PlayStation brand. PS3 sales are staying level with last year,... (Continue Reading...)

Vita's Frobisher Says and T@g detailed, free in Europe

PlayStation Blog Europe reintroduces us to two Vita games/apps that you might have forgotten about: Frobisher Says and t@g. Frobisher Says is an absurd microgame collection in which up to 8 players pass a Vita around and take on weird tasks assigned by the title character. Examples include "poke an otter with a stick", "deliver my pudding on a toy train", and "smile at some ladies (but not at the badgers!)" As all minigame collections do, this uses all of the Vita's control features.

T@g is an AR app that lets you leave graffiti in real-world locations, which other Vita users can view through the app. Doing so will earn you -- we can't believe we're about to type this -- currency called "t@ggits."

Frobisher will be a free download for European pre-orderers this month, and will be available for... (Continue Reading...)


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