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Jul28
Shares Go Up For Sony, But Skepticism Remains


Even though Sony's shares took a slight upturn last week, the fact still remains that many are still skeptical of Sony meeting its latest deadline/release date for their3sonylogo.jpg PS3. There are no doubt of course that as soon as it is released, it'll sell out its first run, and many? people, young and old, will be clamoring for a piece of the PS3 action. But the question still remains if Sony may have bitten off just a little more than it can chew.

Investors are wary, given that the PS3's success or failure will have far-reaching impacts on everything Sony. My guess is that as with any console, it will sell and sell well as long as the software is up to snuff and they don't price themselves out of contention. If the PS3 hits shelves in time for the holiday rush this year, Sony, and its investors will indeed be sitting quite pretty.

Source for Shares Go Up For Sony, But Skepticism Remains


"Sourced by James S. Edited By Colbert Low"

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