PS5 and PS Portal Price Increase Confirmed [Update]

[Soundwave]

JackHandy said:

Soundwave said:

You can't do crazy shit like that anymore anyway, the rise of retail stock investors thanks to online investing and easy trading on phones means a company's stock price would TANK today if they took yearly loses like that these days. World is a different place from 2000-2006. There's so many more retail and day traders today that sniff out every part of weakness in a company. 

I have a feeling they'd weather the storm just fine if they announced a $299.99 US base PS5 and it ended up exploding to the point of breaking the all-time record. After all, think about the software/live-service/digital revenue that would generate. It would be insane. Unprecedented. 

Their stock price would tank and likely take years to recover. People don't understand today there are algorithms that will bomb a stock's value if the earnings per share even come in *slightly* below Wallstreet expectations even for a single quarter. You can't do wild shit like you could 20-30 years ago, there's too many people who day trade today because of the ease of investing in stocks today. 

Even now companies like Microsoft and Meta are pulling monstrous profit that Sony could never dream of, but even their stock is getting hammered because investors are worried their spend on AI is too high even though they're making way more in profit.