Sony's PS4 Looks To Take Market Share From The Xbox
by Asset Investing
On February 20th, Sony (SNE) finally announced the release of its eighth generation gaming console, the Playstation 4. This has been the longest console cycle in the history of home video gaming. The last time new consoles were released was around seven years ago. The new console from Nintendo (NTDOY.PK), the Wii U, was released last November to somewhat lackluster sales and was not embraced by gamers. Most 'core' gamers were anxiously awaiting news from Sony and an announcement from Microsoft (MSFT) on the Xbox 720. Now it looks like Sony may get its eighth generation console on the market before Microsoft, a complete reversal from the last time when the Xbox 360 sold 10 million units before the Playstation 3 was released. read more »
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