Sony Stock Falls Due To PS3 Concerns

With the PS3 launch looming on the horizon, analysts all over the world are starting to evaluate Sony's position in the marketplace. And so far, it's not exactly an overwhelmlingly positive response.

Today, Sony's share price slipped to 4,600 yen ($38.98), a decline of 130 yen ($1.11) or about 2.75%. It seems apparent that Sony stockholders are getting a bit nervous, and it's likely due to several news reports after two major analysts questioned the PS3's supposed imminent success.

One such analyst, Yuji Fujimori of Goldman Sachs, had this to say-

"We have adopted a cautious view of the impact of the [Sony] game business on the electronics business this term," said Fujimori.

Read more straight from the source @ PSX Extreme

Sounds impressive? Why not get a Free Playstation 3 Pre-Order? Yup, that is correct! Stay away from the hassles of waiting in long lineups for you can get it the simple way .... straight to your doorstep! Free! Interested? Then find out how to get a Free PS3 Pre-Order now by clicking here!