Sony reduces loss on sales recovery, restructuring (Update)

(AP)—Sony Corp. reported Thursday a smaller flow of red ink for the fiscal second quarter on a sales recovery and restructuring efforts and stuck to its full year forecast for a return to profit from its worst loss in company ...

Nintendo trims red ink, lowers forecast for year

(AP)—Nintendo Co. narrowed its losses in the fiscal first half, but the Japanese game maker lowered its sales and profit forecasts for the full year ahead of the launch of its new Wii U home console.

New products might be game consoles' swan song

With a new generation of game consoles slated to start hitting store shelves later this year, game enthusiasts should savor the moment. It may not come again.

Panasonic loss balloons for record red ink

(AP) -- Panasonic's January-March losses ballooned 10-fold to 438 billion yen ($5 billion), completing a year of record red ink at the Japanese electronics maker battered by natural disasters and an ailing TV business.

Sony reports record annual loss

(AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new ...

Review: Sony's new PlayStation Vita disappoints

With the PlayStation Vita, Sony has attempted to infuse a traditional handheld game machine with some of the smartphone and tablet features that have made gaming on those devices so popular lately.

Nintendo chief promises to do Wii U launch right

(AP) -- Nintendo's chief is determined to get right the launch of its next game machine, Wii U, set for this year's holiday shopping season, and acknowledged Friday some mistakes with selling its 3DS handheld.

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