50°

Shares of Sony fall on poor results, lower outlook

"The stock briefly hit $37.26, a 52-week low."

Read Full Story >>
money.cnn.com
grantps35829d ago

okay it will fluctuate...no big deal

pwnsause5829d ago

this is most likely due to its cellphone division, still this is pointless, stocks will go back up again.

PirateThom5829d ago

Yeah, Sony are saying it's almost entirely due to the phones.

pwnsause5829d ago (Edited 5829d ago )

everything will be alright when the Xperia X1 launches.
http://www.sonyericsson.com...

juuken5829d ago

The stock market rises and then falls the same way. This isn't really news.

Xi5829d ago

it's the high price of oil. Which sucks becaues I bought sony about a year ago at 47.40, either way, It'll go back up during holidays. I expect a lot of blu-ray players, BRD, music/movie sales, and ps3/games sales.

good_game5829d ago

you should have bought Nintendo's stock options instead; you'ld be rich by now.

Xi5829d ago

Considering it'd have paid at around 87 a share and would only be able to pick up about half as many shares, I'd make no more. What I should've done is sold at 57 a share and made a couple hundred bucks.

Plus I still get paid a dividend off of sony's shares.

Either way, oil prices are bringing down consumer markets and it sucks, but if oil dives then there's fears of instability and the markets drop more.

Also, to those who disagreed, care to explain why? Are you saying I didn't by shares of SNE?

PirateThom5829d ago

This sliding economy has hurt a lot of companies, electronics are not essentials and it's hurting Sony and Microsoft.

The reason game consoles are doing well is because people have less to spend on entertainment, so try and get something they can use for longer.

Show all comments (11)
60°

Mobile 5v5 Hero Shooter Ace Force 2 Out Now

Tencent's MoreFun Studios recently launched the new tactical hero shooter Ace Force 2, which is available on Google Play.

Read Full Story >>
hardcoredroid.com
60°

The 1st edition of Gamescom latam was a huge success (+100K visitors)

"gamescom latam, the Latin American edition of the largest games event in the world, arrived and left impressive numbers: More than 100,000 visitors from more than 70 countries filled the pavilions from Wednesday to Sunday, with tickets Saturday and Sunday sold out. For 2025, gamescom latam returns with double the size, from April 30th to May 4th, at the new location Anhembi Convention Center." - Gamescom

60°

Team 17 and Spellgarden Games just joined forces for a new upcoming IP

"Team17 Digital has today announced that they’re working with German based Spellgarden Games.

This partnership will see Team17 Digital publish a new IP by the indie studio, known for their ‘apeeling’ and extremely cute shop management game Sticky Business." - Team 17 and Spellgarden Games.