Sony files to patent new contact lenses that can record video, store it, play it back – and adjust zoom, focus and aperture automatically: DailyMail

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PS4 boosts Sony to first full-year profit in three years: ArsTechnica

Sony’s PSN is making more money than all of Nintendo: Eurogamer

Sony: 40 Million PlayStation 4s Shipped, Game Revenue Jumps $1.5 Billion: GameInformer

Nintendo is selling off its ownership stake in the Seattle Mariners: GamaSutra

Nintendo will only have one playable game at E3 2016: Polygon

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Sony creates PlayStation-focused Sony Interactive Entertainment division: MCVUK

SONY COMPUTER ENTERTAINMENT AND SONY NETWORK
ENTERTAINMENT ANNOUNCE THE FORMATION OF
SONY INTERACTIVE ENTERTAINMENT LLC: Sony

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Sony is trying to trademark the term ‘Let’s Play’: Geek

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Sony launches crowdfunding platform for its own new products: The Verge

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Sony Warns Investors of Unexpected $2 Billion Loss: BBC

Sony Shares Slump as $2.1 Billion Loss Limits Turnaround Options: Bloomberg

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Sony cut its forecast for operating profit to 26 billion yen ($254.53 million) for the business year ended in March from a previous estimate of 80 billion yen (Feb) and down from an initial forecast of 230 billion set last May.

According to the company, for the fiscal year ending March 31, 2014 the company now expects to incur a net loss of 130 billion yen ($1.27 billion). This is larger than February’s original estimate of a 110 billion yen ($1.07 billion) loss.

“To be honest, I really wonder if he’s got a grip on what’s going on with all his businesses,” portfolio manager at Tokyo-based Bayview Asset Management Yasuo Sakuma told Reuters. “Cutting forecasts at this time; are they trying to hide something or have they lost it?”

“It is another major letdown,” Tomoichiro Kubota, senior market analyst at broker Matsui Securities Co. told The Wall Street Journal. “The contrast is stark with Sony anticipating a bigger loss while other companies are starting to enjoy the fruits of their restructuring measures.”

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