Reuters: Technology News: Sony CEO says Vita gaming device performs near expectations

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Sony CEO says Vita gaming device performs near expectations Aug 30th 2012, 10:33 Tweet Share this Email Print Related News Samsung sees new Galaxy Note outselling predecessor Wed, Aug 29 2012 Samsung to ship first Windows Phone 8 model in fourth-quarter Wed, Aug 29 2012 Sony mulls hundreds of job cuts in Sweden: report Wed, Aug 22 2012 Games makers play catch-up with mobile market Wed, Aug 15 2012 Sony gears up for PlayStation Mobile launch this fall Tue, Aug 14 2012 Sony Corp's logo is pictured at the company headquarters in Tokyo April 12, 2012. Credit: Reuters/Yuriko Nakao BERLIN | Thu Aug 30, 2012 6:33am EDT BERLIN (Reuters) - Sony Chief Executive Kazuo Hirai signalled on Thursday some softness in sales of new gaming device Vita, but said overall it performed near expectations. Vita hit the stores earlier this year and is the latest in a long line of mobile gaming gadgets in the spirit of Nintendo's Game Boy and Atari's Lynx. The device has met scepticism among some analysts who doubt whether there is a place for such a device in a market which is increasingly dominated by games played on smartphones and tablets. "Worldwide, the Vita is pretty much along where we would expect it to be, maybe trending behind in certain territories," Hirai told Reuters on the sidelines of IFA, Europe's biggest consumer trade show, held in Berlin. He declined to disclose where sales were lagging. Taking the helm at Sony in April, Hirai vowed to revive the fortunes of the maker of the Walkman music player, after years of competition from foreign rivals overturned its dominance in consumer electronics. Hirai said the group was ahead of plan in turning its loss-making TV business into the black. He has announced cost cuts, including slashing 10,000 jobs, and plans to sell off some business. Hirai said it was already in talks with several potential buyers for its chemicals business, which makes material used in its consumer electronic products and employs several thousands of staff. He declined to elaborate. (Reporting by Harro ten Wolde and Tarmo Virki; Editing by David Holmes) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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