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In a statement to reporters today, Stan Glasgow, president and chief operating officer of Sony Electronics, said that Sony is seeing little or no sign of softer demand among U.S. consumers for its range of digital TVs, cameras and computer goods despite a weakening economy. "We are not seeing clear signs of softness. In the high end, it is hard to keep up with the full demand," he said of demand for Sony’s pricier flat-panel TV models.
Heading into the company’s current fiscal year that started in April, Glasgow said that he had taken into consideration the impact of spiraling oil prices and the housing credit crunch in forecasting Sony’s U.S. growth for the coming year. "I didn’t see so much good in the economic forecasts," he stated. But despite these cautious calculations, underlying demand continues to power sales of products across major categories. "Sony Electronics is growing at a substantial level in the U.S." relative to the fiscal year that ended in March of this year, Glasgow told Reuters. "We are exceeding the aggressive goals we set."

View: Full Story at Reuters

Sony is getting ready to directly link its consumer electronics products and considerable movie and TV content libraries. Later this year the company will begin providing video content to PlayStation 3 users via the recently-launched PlayStation Network, and will start a streaming video service for owners of Bravia TVs with a network connection.
"This continues to be one of the clearest opportunities for Sony to leverage its entertainment assets to differentiate its electronics products," said Howard Stringer, chairman and CEO of Sony at a Tokyo news conference. As part of the push the company will increasingly build Internet connectivity into its products. By March 2011, it plans to have network-enabled and wireless capable products available in 90 percent of its product categories, and aims to roll out the video services to key devices by the same date.

View: The full story @ PCWorld

Several “anonymous sources” have this weekend emerged from the woodwork to spread news of the 80GB PS3 being pushed aside to make giving way to a new larger SKU.
Stories suggest that the 80GB SKU currently on sale in US is due for the chop, with a 120GB version set to replace it.
This would go hand-in-hand with a previous statement from SCEE president and CEO, who hinted last year that a 120GB PS3 could be possible.
“The difference between 60 and 80GB is very small, we just feel that going up 20GB is not worth it,” he said, adding: “if you go to double it, it’s worth it … so maybe you’ll see something a little bit later.”

Sony UK, however, dismissed this weekend’s reports as “rumour and speculation”.
If the rumours turn out to be true, the 80GB console will be the third SKU axed in just over a year since the console’s release. But does Sony really need to release another new PS3 so soon? It might be a different story once PlayTV is up and running.