Watch Sony E3 2010 Press Conference Online

Sony will be holding their press conference at being held in Los Angeles at 12PM PT / 3PM ET (check your local time) on June 15. This will definitely be a great press conference and you can expect a lot of new announcements from Sony.

Sony E3 2010

There are rumors that Sony might unveil a new range of handheld devices in the form of PSP2. In addition to that, Sony might also refresh their PSP3 device and introduce a new one. You can also expect to see a new preview of The Last Guardian.

You can check out some of our expectation and also details about E3 2010. Excited about the Sony press conference at E3 2010? 

Sony will be broadcasting their E3 2010 press conference live online. You can watch the stream live at 9AM PT / 12PM ET. Please click here to check the local time in your region.

Ready to watch the Sony E3 2010 Press Conference? Head over to the Gamespot live streaming channel and satisfy your gaming urges. Everyone is invited and all the attendees will get front-row seats :-).

So what are you expecting from this year’s E3 2010 presentation from Sony? Do share your views and opinions with us.

Sony Publishes Its 2009-10 Fiscal Year Financial Report; Posts Another Huge Loss

Sony has just released its financial statement for the Fiscal year ending March 31st, 2010, and things don’t look good. The company posted a loss of $439 million, down from the $1 billion loss it faced in the 2008-09 financial year. Sales of the various Sony products were down except for the PS3. Sony managed to sell 13 million PS3s compared to the 10.1 million units in the 2008-09 financial year.

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The number of PSPs sold fell from 14.4 million units to 9.9 million units. The Sony PS2 sold 7.2 million units, down by only .5 million units from the previous financial year. Quite surprising for a console whose timeis now over. The sale of games of the various consoles from Sony also fell this year. Sony sold 44.4 million PSP games, down by 5.9 million units. The sale of PS2 games saw a huge decline, going down to 35.7 million units from 2008’s 83.5 million units.

The only good news here for Sony fan boys is that the Sony PS3 has finally become profitable for the company. The profit margin will now continue to increase thanks to the shift to a 40nm Graphics card. Hopefully, the launch of PSP2 and the PlayStation Move at the E3 Expo will turn things around for the company.

Vicious Engine 2 Adds “Lesser Consoles”

This was expected, considering the fact that Matt Hazard: Blood Bath and Beyond was a not-so-graphically-intense 2D Contraption of a game for the Xbox Live Arcade (XBLA) and later the PlayStation Network (PSN) as a download-only game. Vicious Cycle Software, the developer has announced that they will be supporting the lesser consoles the Nintendo Wii, the Sony PlayStation Portable (PSP) and the PlayStation 2 (PS2), Joystiq reports. By supporting, they mean that their Vicious Engine 2 (Ve2) will be used to develop games for these three consoles in addition to the PlayStation 3 (PS3) and the Xbox 360.

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Vicious Cycle Software, a premier developer of interactive entertainment and game development technology, today announced that support for the Nintendo Wiiâ„¢, PlayStation ®2, and PSP ® (PlayStation ®Portable) platforms is coming to Vicious Engine 2 (Ve2) in early 2010. Ve2 currently supports both the Xbox 360 ® and PlayStation ®3, and the expanded cross-platform support will make Ve2 the most complete solution for next generation development on the market.

Vicious Cycle has experienced its fair share of ups and downs with the ups being not so high, and the downs being fairly depressing. Dead Head Fred, for example was released when Monster Hunter practically ate up everything else around it and the company admitted that they did not anticipate the abrupt change of audiences in the market. Nevertheless the turn of events seems to suggest that a graphically satisfying game will be up in the near future for these consoles.