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Sony is expected to introduce the PlayStation 4 in New York today as it seeks to revive an...

  • Wednesday, February 20, 7:49 AM ET
    Sony is expected to introduce the PlayStation 4 in New York today as it seeks to revive an electronics business that's badly in need of a hit. The event comes after a lackluster launch of Nintendo's (NTDOY.PK) Wii U amid the rise of casual gaming on mobile devices, and gets in ahead of any announcement by Microsoft (MSFT) about a rumored successor to the Xbox 360. (previous)
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    Well, as far as I can see there is only one reason for Sony keep losing so much money: the USD/JPY rates... so nothing that Sony does or doesn't do will help them turning into profit. The Forex markets will decide on that.
    20 Feb, 07:54 AM Reply Like
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