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Research firm Media Create reports that sales of Sony's (SNE) PlayStation Vita plummeted after...
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Thursday, December 29, 2011, 9:12 AM ETResearch firm Media Create reports that sales of Sony's (SNE) PlayStation Vita plummeted after an initial two-day surge, with the firm only moving ~72K units the week before Christmas - marking a 75% W/W decline. Ongoing chatter about technical problems with the device may have contributed to the disappointing sales figures. Shares of SNE +1.2% premarket.
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The iconic Walkman was eaten alive by the iPod thanks SNE mishandling of MiniDisc and slowness/unwillingness to adapt to digital music. The PSP was cool and successful, now iOS/Android is the only mobile gaming platform that really matters and this Vita is doomed.