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GAME share price hit by PS3 delay

by Steven Williamson on 15 March 2006, 12:03

Tags: PlayStation 3, Sony Computers Entertainment Europe (NYSE:SNE), PS3

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GAME loses out



Not only has Sony seen a drop in share prices at the close of the Tokyo stock excahnge yesterday, but shares in the video games retailer Game Group fell by almost five per cent on Wednesday, after news of the delay of Sony's Playstation 3.

GAMES's shares hit 77 1/2 pence, a 4.91 per cent drop, after news filtered out that the world won't be able to get its hands on the console until November this year.

So much for Sony pushing for a summer release to captilise on Microsoft's slow start. Sony will now be pitted against the Nintendo Revolution, while Microsoft will now be able to build market share ahead of its competitors.

Source: Reuters

Click the links below to view the latest HEXUS coverage on Playstation 3 :

PS3 annoucement details
PS3 screenshots are very disappointing say fanboys


HEXUS Forums :: 2 Comments

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I bet it's really because they didn't order enough Oblivion CE and have sold out in America ;)
kalniel
I bet it's really because they didn't order enough Oblivion CE and have sold out in America ;)

sold out!:surprised: