Sony's chairman, Sir Howard Stringer, is confident that the PlayStation 3 console would bolster sales as the electronics firm moves into the next phase of its recovery, stating that PS3 is being seen in a new, more positive light by consumers. Source.
Stringer said: "I'm happy the Wii seems to be running a bit short of hardware. The PlayStation 3 will come into its own because its [high-end games] are infinitely more fun, demanding and exciting. The question people quite rightly asked was if the PS3 was going to get through this early cycle. I feel much more confident about that now."
The PS3 initially took the sheen off Sony's other gains when it was launched a year ago. The console arrived late after production glitches and received a lukewarm reception from gamers, who deemed it too expensive and short on software.
But with the recent rise in sales and new games on the horizon, analysts agree that Sony has turned a corner. "Things do look a lot better than they did 12 months ago," said Hiroshi Kamide of KBC Securities. "My feeling is that they will continue to have a better time of it, but there is still a mountain to climb."
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