[Even though Sony helped bring about the digital revolution, the company has failed to adapt to it. The standardization required to manufacture consumer digital products undercut the value of Sony's branded products. For example, the Chinese and other low-labor-cost manufacturers, using the same computer chips, could make the same DVD players and digital TV sets as Sony for a fraction of the cost. The result was a commoditized rat race that became unprofitable for Sony. When it became clear that Sony had to] revolutionize itself, ... from an analog culture to a digital culture. |
A weak yen is the only effective measure. The yen has long been overvalued, considering labor productivity and other economic data, |
Howard's new appointment reflects the ever increasing importance of his role as a bridge between the technological and software areas of Sony's operations in the United States, ... He has continued to work closely with Tommy, John and the management teams of all of our U.S. businesses, and to fortify Sony's overall strategic goals in the digital environment of the future. |
It's a totally different animal. [The chip] will create new business -- not an extension of the PC business. |
So far, Sony management has no reason to make any revision in sales targets for the PlayStation, |
The PC was the office tool, |
The time has come for the PC industry and the AV [audio-visual] industry to shake hands, |
The time has come for the PC industry and the AV [audio-visual] industry to shake hands. |
The U.S. is under the false impression that it is the leader in mobile communications and non-PC devices, ... Europe and Japan have a considerable lead over the U.S. and this gap could widen in the future. |
The weakened yen is a good thing in many ways, |
These are very important appointments for Sony Pictures Entertainment. John's vast experience and proven track record in the industry will be a tremendous asset to Sony. |
This team represents a new vision and new direction for the studio, ... We are committed to the growth and success of Sony Pictures Entertainment and to making Sony the global entertainment and communications company of the future. |
We're confident regarding sales of the PlayStation in the current season despite the impact of the (U.S. air attack) incident. |
What we are and will be is a broadband entertainment company, |