from Bloomberg:
Sony up another 8 percent in Japan, will translate big for American ADRs when they open tomorrow bought in at 9.90. OT this is good news for Sony and Nintendo as they will have another market to sell their goods.
from Bloomberg:
Sony up another 8 percent in Japan, will translate big for American ADRs when they open tomorrow bought in at 9.90. OT this is good news for Sony and Nintendo as they will have another market to sell their goods.
Deyon said: Why not good for Microsoft ? |
Im sure itll be good for MSFT since China mimics alot of US practices, but since its Asian trading, they are focusing on those two.
if sony is up 8% in the Asian markets, then they will open at about 5% tomorrow morning. Easily bring it well over $15. I am a little worried that it is going up too fast. Ill hold off buying for now... let it settle.
Very good news for Sony/Nintendo. Obviously the Chinese will take the Asian consoles over the American one.
(Not because it's bad but because of a relevance between cultures)
http://gamrconnect.vgchartz.com/profile/92109/nintendopie/ Nintendopie Was obviously right and I was obviously wrong. I will forever be a lesser being than them. (6/16/13)
Deyon said: Why is it not good news for Microsoft ? |
It is good news for Microsoft it's just much better news for Sony and Nintendo.
Nintendo business is almost exclusively video game consoles and games. So a new, potentially huge market, will drastically affect them.
One of sony's few profitable products at the moment is the playstation 3, so a new market could drastically help them.
The xbox makes up a very small portion of Microsoft's revenue and profits. So for microsoft's bottomline it isn't as big of a deal, but for the xbox its just as big of a deal as for the other two consoles.
China would be a huge market! Sales of pretty much every game would jump. Would be interesting to see the results.
I make videos that are sometimes funny I think?
Otakumegane said: Very good news for Sony/Nintendo. Obviously the Chinese will take the Asian consoles over the American one. (Not because it's bad but because of a relevance between cultures) |
Lol..Japanese and Chinese culture is nothing alike.
Edit: Sorry, misread your post.
The rise of the middle class in china, the lifted ban on the consoles......
This is looking to be a great growth of a market.
(Now all they need to care of is the piracy problem....)
http://gamrconnect.vgchartz.com/profile/92109/nintendopie/ Nintendopie Was obviously right and I was obviously wrong. I will forever be a lesser being than them. (6/16/13)
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