Skip to main content
  1. Tech
  2. Games
  3. Consoles

Sony Corp. CEO talks restructuring, downplays PS4 sales figures vs. Xbox One

See also

Following a disappointing quarter that saw Sony reducing profit forecasts, CEO Kazuo Hirai said the company will look to bolster the areas where business is proving to be vital while restructuring for areas where business is “shrinking” could be an option, according to a report today from VG 24/7.

In an interview with BBC Breakfast, Hirai said restructuring is something Sony’s had to do in the past, as it is just “part of the business.”

“If we’re talking about restructuring it’s something that we’ve undertaken already in the past,” Hirai said. “Some of our businesses are growing so those areas will have more and more employees. Other businesses where it’s shrinking, we may have to restructure.”

The comments come after Sony reduced profit forecasts in November by 40 percent for the quarter, according to a previous report from VG 24/7.

One area of business that seems to be booming, at least in comparison to its competitor, is the PlayStation 4.

Sony announce yesterday that 4.2 million units of the PS4 had been sold before the end of 2013, 1.2 million more systems than Microsoft with the Xbox One.

You can read that full Examiner report by clicking here.

However, Hirai downplayed the comparison, saying, “I’ve always said that a console business is a five to 10 year proposition.”

Sony marking vice president John Koller championed a similar sentiment, which you can read in this full Examiner report by clicking here.

Advertisement

Don't Miss

  • Unity
    'Assassin's Creed Unity' preview: Ubisoft comes home to its urban origins
    Games Preview
  • Smart vending machine
    This smart vending machine will recommend drinks for you based on your gender and age
    Video
    Tech Buzz
  • Destiny
    The 'Destiny' beta: 7 things we absolutely love about Bungie's new franchise
    Games Feature
  • Wi-Fi
    Find out how to stretch your Wi-Fi signal where it has never gone before
    Tech Tips
  • Unity Exclusive
    'Assassin's Creed Unity' exclusive: Tell the world, 'I'm coming home'
    Games Interview
  • Gamer ghost
    Gamer finds and plays with ghost of deceased father on a classic game
    Video
    Headlines