If your in the market for some stock
Then Sony’s stock may be up your street, With the rumoured delays of the PS3, and the near 1000$ cost tag that is being touted by the recent Merrill Lynch report the Sony stock price has dropped around 3.6% in the last couple of days (FT Chart) now down to the $46 mark.
Sony will probably not live down the hype that has been generated about the 360 ‘killing’ PS3 if the rumours are true and it is delayed.
The make or break part of Sony’s future could well be Blue Ray and if the market accepts it or not (personally I believe that HDDVD will probably be the VHS in this battle). Sony always seem to back the wrong platform, the technology is possibly better in Blue Ray, but so was Beta Max and that did little to help them ;)
