Sony CEO: ‘Wii is wonderful’

Cheif Executive Officer of Sony, Howard Stringer, had some comments about the video games industry and the current status of his company.

“Wii is a wonderful device, but has a different target audience. If we fail, it is because we positioned PS3 as the Mercedes of the video game field. PS3 is after a different audience and it can be whatever it wants – a home server, game device, even a computer.”

Wait a second, did he just say that the Playstation 3 might actually fail? That’s some great confidence in your own product, Mr. Stringer. There was no mention of the other competitor, the Xbox 360. Maybe the reason for that are the overwhelming sales. You can read the full article here, which also has some information about the format wars and the doom of the Walkman.

Read (PS3Fanboy)