Rumor: Playstation 3 possibly inching closer toward an early “Game Over”

While there are undoubtedly a multitude of gamers who are proud of their Playstation 3 purchases, Sony business executives are not as confident, considering that their choice gaming console remains consistently behind the competition and possesses a negative stigma as a product with features that fail to justify its high cost.

Unfortunately, regardless of the current state of the Playstation, Sony business executives have more considerable issues to consider, if this report from the UK Times is any indication.

That publication’s report mentions that Sony is due for “sacred cow-slaying measures” which will “abolish or fundamentally alter many of Sony’s long-standing business practices.”

Reading those words makes one wonder what practices specifically will see the cutting or alteration-room floors. Will Sony limit production of its Vaio computers? Will it stop production of the Walkman line of products?

What will happen to Sony’s Playstation brand?

It appears that, at the moment, Sony’s Playstation brand is safe, considering reports that the company has considerably cut down manufacturing costs to produce its consoles. However, considering the fact that Sony refuses to cut the price of the system and/or adapt to the rapidly-changing gaming market, the situation does not look good.

For now, Playstation 3 owners, along with anyone else who owns a Sony product, should pay special attention to the actions that their company takes within this year. It is now certain that the Sony of tomorrow may not be the Sony of today.

Read [UK Times] Via [GamePolitics] Also Read [GameSpot]