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Sony console delay stokes holiday sales worries, more delays possible, developers stocks tumble

Some analysts said the delay could be the tip of the iceberg as Sony pushes to get its costly and complex machine through the thorny manufacturing process into the hands of enthusiasts.

"I think it raises concerns that maybe Europe is the first and possibly not the last to fold in its launch plans," Janco Partners analyst Mike Hickey told Reuters.

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cosmoracer3676d ago

And now Sony has screwed the people that really matter - the people with money. I am an Xbox fan and once saw Sony as a rival. Now I see Sony as the underdog and I actually feel sorry for them.

General3676d ago

Thats the last straw, Defo not getting a PS3 now, Get a 360 and Jump in! I am soon ;)

Indigo3676d ago (Edited 3676d ago )

No surprise here, M$ did it's homework sending they're system out first has caught fony of gaurd and now they seem to be grassping at straws. Fony will indeed sell out once it comes to market but at what cost. Many gamers have already opened they're eyes to what Xbox and live can offer. Secretly telling themselves wow these games are good. And slowly admitting M$ aint all that bad.

MoonDust3676d ago

Ouch, this is going to hurt.

Islandkiwi3676d ago

I think if you're an investor, or a shareholder of Sony, you need to pay attention to what's going on here. A second delay, and expected units on release day cut by 75%...yet Sony still putting out press releases that all is fine, that they will still be on target by their financial year end.

Companies answer to the shareholders, and I think the shareholders need to be asking a few questions.

Chronical3676d ago

Honestly, i dont know what there thinking. 75% of their release is not even there thats 1.5 million consoles missing or maybe even more. and they call that on track. I wonder how many of the consoles are going to be the 500$ batch and the 600$ ones.

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