PS3 "Already Making Comeback"

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"All the production problems have been solved. We are making a comeback already,” Stringer said in an associated press report.

He reiterated that the PS3 is going to play a major role in Sony’s overall financial s, calling the console “a key driver” for growth.

Sony's meeting was reportedly upbeat, with talk of recovery in games and big strides in flat-panel TV and digital camera sales. But shareholders remain cautious. Shareholder Kazuhiko Machida, for instance, is particularly aware of Sony’s PS3 missteps.

"It's hard to think that Sony has solved all its problems," he said. "The Sony brand has taken a beating. I think Sony may be at a crossroads, but it's too early to say 'Banzai!'”

But Stringer still has an immense amount of faith in Sony’s games business. Earlier today, Sony Computer Entertainment boss Kaz Hirai said that 380 games would be hitting PS3 this year.

"We believe that the PS3 going forward will be vital to our future, and succeed,” Stringer said.
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