Sony reaffirms PS3 2010 sales projections

[psrock]

Immortal said:

psrock said:

Sony executive said Sony's LCD TV sales would likely fall slightly short of a targeted 60 percent rise in unit terms this financial year.

They have no problem saying they won't meet expectation for their products.

Except Sony's TVs are far more trusted than the PlayStation brand. After a single product loses over $10 billion with no hope to recover most of it, the mere thought of it underperforming would have investors running.

When you have a product that's rising 60% YOY and (I assume) thrashing its competitors, investors really don't care if it's ever so slightly under expectations.

I just fell on the floor laughing, you got me there.