PS3 delay raises stocks!

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Russ

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http://www.1up.com/do/newsStory?cId=3148784

When Nihon Keizai Shimbun learned of Sony's PlayStation 3 delay before the news conference, stock holders were understandably worried; many predicted a November launch in Japan and an early 2007 release everywhere else. In essence, these publishers would be entirely missing out on the Christmas season.

As it turns out, Sony's aiming for a worldwide hardware launch across Japan, America and Europe in November, and Reuters reports that publisher stock prices reflected the collective sigh of relief. Activision rose the most with 4.5%, with EA following behind at 1.7%. THQ and Take-Two Interactive's stocks also saw a minor boost.

American Technology Research analyst Paul-Jon McNealy even moved his recommendations on THQ and Activision from "hold" to "buy" because of the expected revenue increase from PlayStation 3 sales during the holidays.
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now this is kind of odd. Kind of gives credence to Chris Morris's guess that it was delayed so that publishers could polish up the games.
 
Their stock did fall. Also the game developers are not happy about this delay. Even though the system will debut in 06 there no doubt will be a limited number of systems which in turn means a limited number of games sold. They basically are looking at no profit in 2006. Of course some developers are better off than others.
 
flapbreaker said:
Their stock did fall. Also the game developers are not happy about this delay. Even though the system will debut in 06 there no doubt will be a limited number of systems which in turn means a limited number of games sold. They basically are looking at no profit in 2006. Of course some developers are better off than others.
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For us X360 fans, that's definately good news. Along with the hassles of programming for Cell and the other many complaints we've heard, maybe developers will start getting fed up and start making games the the X360. With the prediction of limited revenue coming in, maybe they should worry about polishing the PS3 version later, and start working on a X360 port. Especially if there is a limited supply of the PS3 this holiday season, X360's will sell like crazy.
 
junehhan said:
For us X360 fans, that's definately good news. Along with the hassles of programming for Cell and the other many complaints we've heard, maybe developers will start getting fed up and start making games the the X360. With the prediction of limited revenue coming in, maybe they should worry about polishing the PS3 version later, and start working on a X360 port. Especially if there is a limited supply of the PS3 this holiday season, X360's will sell like crazy.
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Either way im pretty sure you'll be buying a ps3... ;)
 
junehhan said:
For us X360 fans, that's definately good news. Along with the hassles of programming for Cell and the other many complaints we've heard, maybe developers will start getting fed up and start making games the the X360. With the prediction of limited revenue coming in, maybe they should worry about polishing the PS3 version later, and start working on a X360 port. Especially if there is a limited supply of the PS3 this holiday season, X360's will sell like crazy.
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Just out of curiosity, why would you root for Xbox360 vs PS3? The only logical argument in this debate would be to rally behind neither, and choose the platform with the content most interesting to you. It seems ironic how easy it is for an organization to develop a following with the masses, despite its explicit intent to take your money, when the appeal of its brand resonates with the consumer. Marketing is hugely powerful. Posts like this re-affirm my decision to study finance, marketing, and business in school. OT carry on.

Im not chiding you personaly. Also, on occasion it appears people support one brand vs competitors, based not on greater satisfaction with a product, but a purported feeling of support for a weaker (read smaller market cap) company vs a stronger one. Except in this case, microsoft is already a monster. Confusing!
 
pakotlar said:
Just out of curiosity, why would you root for Xbox360 vs PS3? The only logical argument in this debate would be to rally behind neither, and choose the platform with the content most interesting to you. It seems ironic how easy it is for an organization to develop a following with the masses, despite its explicit intent to take your money, when the appeal of its brand resonates with the consumer. Marketing is hugely powerful. Posts like this re-affirm my decision to study finance, marketing, and business in school. OT carry on.

Im not chiding you personaly. Also, on occasion it appears people support one brand vs competitors, based not on greater satisfaction with a product, but a purported feeling of support for a weaker (read smaller market cap) company vs a stronger one. Except in this case, microsoft is already a monster. Confusing!
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Well said, I wonder about this myself. A console is just a device designed to play (or in the case of the 360, deliver) content. Unless you plan on actually developing for one, I don't see why it would matter. Also, when people in advertising/marketing read posts like these I'm sure they cry tears of joy.
 
It doesn't take a genius to understand the importance of competition, even if it's from an eccentric company like Sony.
 
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