Sony Corporation (SNE)
SNE is down 4% from the last time I talked about it. On February 20th, they had an event to announce the PS4. It flopped because they didn't even show the actual console For investors, the ability to play used games also was disappointing. However, gamers rejoice. There is also uncertainty on the supply when the product is released. This just deals with their stake in the game market.
The Sony Xperia Z has had some good buzz. It is fast, big, has a great screen based on Bravia, and is waterproof (30 minute limit.) Speaking of Bravia, 4k LED TV's are starting to gain public recognition. It is only a matter of time before we see this becoming the new standard in HDTV. Consumer level will have to wait a while for prices to dip though.
Once again, the easy money continues to flow in Japan, with the nomination of Haruhiko Kuroda. The currency devaluation will increase Sony's corporate spending, and the company might be able to be in the black this year as they create outflows of good products.
No comments:
Post a Comment