Japanese electronic companies have been hit hard due to stiff competition, losses due to natural disasters and a very strong Yen.
"Kazuo Hirai, named last week to take over as CEO starting April 1, said he will review the businesses and close less- competitive ones. Sony, worth more than $100 billion in 2000, is now valued at about $19 billion." Wow no wonder there were rumors of Sony exiting the console business. Anyways as a consumer i would be cautious before buying Sony products since if they closed down there would be no future support. Hence i would think my investment in games would be safer on other devices like the PC or the Xbox 360.
N4G is a community of gamers posting and discussing the latest game news. It’s part of NewsBoiler, a network of social news sites covering today’s pop culture.