Sony and Sir Howard Stringers #1 Priority is Gaming Profits

During its annual shareholders meeting in Tokyo, Sir Howard Stringer (CEO of Sony) said that the number one priority across the entire Sony divisions is restoring profitability to its Gaming Division and boosting their TV business. The PlayStation has lost around $3.4 Billion over the last 2 years because of the high R&D cost of the PS3’s Cell and Blu-ray components. Hopefully, this means that Sony will continue to strive towards a more unified company, helping cross promote its products across its rich lineup.