PlayStation Portable

The Worst Product Flops of 2012

Sometimes, no matter how many months a company invests in development or how many millions it spends on marketing, a new product can fall flat on its face. That's what happened to these new offerings, the biggest product flops of 2012.

Sony Unveils New Portable Gaming System

Sony (SNE) unveiled its new PlayStation Portable device, the Next Generation Portable Entertainment System, or NGP. The hand-held device has greater motion sensitivity and allows gamers to connect with other users online, Sony said in a statement. The company plans to release the device at the end of 2011.