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Forums - Gaming Discussion - Japanese Stocks Rise; Sony Reaches Highest in More Than 4 Years

PS carryd all of Sony on its back for years,  time to return the favor.



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vanguardian1 said:
True, I think this burst is mostly because of the European launch and then that article about "fastest selling console" PR spin again.

 LOL

any god news about sony and the bs fud begins.

 Yahh has nothing to do with their electronics selling better the projected, Sony pictures raking in the $ and soon to be releaseing only Spiderman 3.

 

 



How much money do you have invested in Sony stock Hus? Have you put your money where your mouth is?

I've already placed my bets. I've also been handsomely rewarded. 



I thought it was funny when I read this thread right after reading this:

http://www.gametab.com/news/870235/

"Nintendo Stocks Hit The Heights"

 

Its good news for Sony regardless. They have shown that they can make a loss in their gaming division, and still turn a healthy profit. This lesser reliance on the PS brand is really important for them (and there is a good chance the gaming division will return to profitability over the coming years).

 



Gesta Non Verba

Nocturnal is helping companies get cheaper game ratings in Australia:

Game Assessment website

Wii code: 2263 4706 2910 1099

shams said:

I thought it was funny when I read this thread right after reading this:

http://www.gametab.com/news/870235/

"Nintendo Stocks Hit The Heights"

Its good news for Sony regardless. They have shown that they can make a loss in their gaming division, and still turn a healthy profit. This lesser reliance on the PS brand is really important for them (and there is a good chance the gaming division will return to profitability over the coming years).

 


I'm happy

Good times! 



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well it is good news for the PS3 for 1 reason they could really pitch a Price drop of the console to spike more intrest .Really the only negative press on the PS3 comes from the price.They Have games ready to drop when installed base increases so. I'd say a good price drop in summer with the release of a few games like Lair WarHawk GTAIV followed by another Drop for the Holiday with the release of Heavenly Sword and MGS4 they could severly cut the gap.really I think the loss in those areas (PS3 loss/unit sold)will be greatly balanced by Spider-man 3 this year and Sony games actually selling more.Imagine if the PS3 were 100 USD cheaper Resistance could easily have sold 3 million copies by now and Motorstorm at least another 2 million Those boosted game nubers alone would help balance the differential.So with a 14%return for investors the board maybe up for trying to claim more of the gaming market for the next gen this year since there is no Spider-man type film next year.



Howard Stringer has really helped turn the company around, and thats the real thing to take away from this.



Leo-j said: If a dvd for a pc game holds what? Crysis at 3000p or something, why in the world cant a blu-ray disc do the same?

ssj12 said: Player specific decoders are nothing more than specialized GPUs. Gran Turismo is the trust driving simulator of them all. 

"Why do they call it the xbox 360? Because when you see it, you'll turn 360 degrees and walk away" 

Ugh, Nintendo up again today. Looks like I missed my chance to acquire more shares at at a sub $35 price. I'm still kicking myself.



xtx said:
http://www.bloomberg.com/apps/news?pid=20601101&sid=ajbKoZXI2hOk&refer=japan Sony, the maker of the Playstation 3 game console, jumped 230 yen, or 3.8 percent, to 6,230, the highest close since July 9, 2002.

Following shares of Sony (SNE) is not the best way of tracking the performance of the PS3 since Sony is a gigantic electronics/media conglomerate. A full 69% of sales in FY 06 come from the electronics business and this includes TV's, home audio, computers, and cameras.

The games business is the second biggest part of Sony and yet only accounts for 13% of total sales. This segment includes all game consoles and software.

Following that at around 10% are both the motion pictures business and financial services business. Bet you didn't know you could buy life insurance with Sony in Japan.

The recent rise in SNE has a lot more to do with the Japanese economy recovering from a soul crushing 12 year recession than the success or failure of the PS3. Almost all the stocks in the Japanese market finally bottomed out in 2003, this includes both Sony and Nintendo (NTDOY). Check out this horrendous chart of the Nikkei 225.

http://finance.yahoo.com/q/ta?t=my&s=%5EN225&l=on&z=l&q=l&c=

On the other hand Nintendo's recent rise in share price is far more reflective of the success in both the DS and the Wii because Nintendo is a pure video game play, meaning all their sales come almost exclusively from the sales of their consoles and games.

Here are the long term charts for both SNE and NTDOY

http://finance.yahoo.com/q/bc?s=sne&t=my&l=on&z=l&q=l&p=&a=&c=

http://finance.yahoo.com/q/bc?s=NTDOY.PK&t=my&l=on&z=l&q=l&c=

Full disclosure, I own shares in NTDOY and congrats to all other longs.



 

Sorry... double post