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PS3 stocks fall because they suck
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PS3 stocks fall because they suck - 10-04-2006, 10:56 AM

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In reaction to an analysis by investment firm Goldman Sachs, Sony stocks have fallen 2.75 percent, MCV reports. Sachs shifted its rating of Sony from "buy" to "neutral," expressing confusion about PS3 launch plans and disappointment in sales of the PSP. The PS3 is further described as "unreliable." A Macquarie Equities analyst foreshadowed these thoughts last week, noting the frequent overheating of PS3s at the Tokyo Game Show. Sony should be thankful however, as the analyst agreed this was probably due to high temperatures in the TGS venue.
http://www.macnn.com/articles/06/10/...ny.share.drop/

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The PlayStation 3 launch is now just over six weeks away, and Sony Corp. stockholders are apparently getting nervous. Today, the Japanese electronic giant's share price slid 130 yen ($1.11) to 4,600 yen ($38.98) on the Tokyo Stock Exchange, a decline of 2.75 percent.

According to several news-service reports, the stock drop came after two major analysts downgraded Sony's stock on concerns about its gaming division, Sony Computer Entertainment. "We have adopted a cautious view of the impact of the [Sony] game business on the electronics business this term,'' Goldman Sachs analyst Yuji Fujimori told Bloomberg. Fujimori downgraded Sony's rating from "buy" to "neutral" citing "confusion over the release of PlayStation 3 and concerns [about] disappointing sales of [the] PlayStation Portable," according to the Associated Press.

Another Tokyo-based analyst, Macquarie Equities' David Gibson, went one step further. He issued a report expressing concern that many of the 200-plus PS3s on the floor of the Tokyo Game Show "operated erratically and had to be repeatedly reset," according to the AP.

"While the reason for this is unknown, we suspect it may be due to overheating as a result of enclosing the units and the high temperatures at the venue," Gibson said. "We are concerned that such a problem has occurred so close to full production and is clearly negative news for the company."
http://www.gamespot.com/news/6159254...stnews;title;1

Almost as if I said this a while back and no one believed me. Like they said it was probably just because the room was hot:WTF:



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10-04-2006, 11:06 AM

i dont think that the room was hot... they might have air conditioners... otherwise the guest werent going to feel comfortable


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10-04-2006, 02:13 PM

Well Im a huge ps3 fan and I knew this would happen. Evry system has defects when first released, just like the ps2 just like the 360 etc. Thats why im waiting to get a ps3 later on



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10-04-2006, 05:27 PM

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Originally Posted by tlo450
Well Im a huge ps3 fan and I knew this would happen. Evry system has defects when first released, just like the ps2 just like the 360 etc. Thats why im waiting to get a ps3 later on
Haha but it's that the Sony fanboys were going crazy when there were reports of defective 360s... I wonder what'll happen when their PS3 gets fcked... "My room is just really hot!!!" :lol:
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10-04-2006, 05:48 PM

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Haha but it's that the Sony fanboys were going crazy when there were reports of defective 360s... I wonder what'll happen when their PS3 gets fcked... "My room is just really hot!!!" :lol:
lol i know i said damn guys its gonna come back to haunt you. every system has defects thats why I wait before I get a new system. I didnt do that with my ps2 and I regret that lol



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10-04-2006, 05:57 PM

yea....i also wait to get systems..cuz if u get it early and they have defects...then u have to get that problem fixed...but once sony fixes that up..then its all good....and plus the price for the ps3 wen it comes out is insane:AHH:


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10-04-2006, 05:58 PM

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Originally Posted by tlo450
lol i know i said damn guys its gonna come back to haunt you. every system has defects thats why I wait before I get a new system. I didnt do that with my ps2 and I regret that lol
My Xbox (that I bought 2 months after it came out) died like 2 years later. Pissed me off, but could have been worse right? And my 360 (4.5 months after it came out) is still good, even after being kicked (accidentally!) by myself :lol:
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10-04-2006, 05:59 PM

The PS3 overheats cuz the graphics is HAWT!
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10-04-2006, 06:06 PM

Not veally. I want to buy one. Sell it to some **** tard on ebay for 5 times as much as I payed for it.



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10-04-2006, 06:07 PM

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Originally Posted by afropimp89
The PS3 overheats cuz the graphics is HAWT!
LOL!


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