PS2 shipments sliced again.
The highly touted PlayStation 2 has run into another roadblock. Sony Computer Entertainment recently announced that it's been forced to eliminate 1 million PS2 units from its shipping projections on the worldwide scale, slicing the number down to a more modest 9 million consoles by the end of the fiscal year, which closes on March 31. Their officials did mention the fact that these reductions will not affect shipments to North America. Sony spokespersons placed the blame for the reductions on unanticipated delays of eagerly awaited titles such as Gran Turismo 3 A-Spec. Partially because of the recent shipping problems, Sony dramatically reduced its net profit projections from 10 billion ($85,500,000) to 5 billion yen ($42,500,000). Sony blames the lower-than-expected earnings on the relatively disappointing performance of its computer entertainment division.
In a related story, SCEA recently announced the institutionalization of a new subsidiary, dubbed PlayStation.com (America) Inc. The new organization will have various functions, including the supervision of the PlayStation.com brand, the development and management of the PlayStation.com e-commerce strategies, as well as ensuring the eventual transition of PlayStation.com into an entertainment content distribution network.
1/25/2001 Bryan Keers