130°

Japanese Stocks Rise; Sony Reaches Highest in More Than 4 Years

Sony, the maker of the Playstation 3 game console, jumped 230 yen, or 3.8 percent, to 6,230, the highest close since July 9, 2002. Matsushita Electronic Industrial Co., which sells Panasonic-brand products, added 20 yen, or 0.9 percent, to 2,380. NEC Corp., the nation's largest personal-computer maker, climbed 20 yen, or 3.3 percent, to 627.

Koya Tabata, an analyst at Credit Suisse in Tokyo, raised his recommendation on the consumer electronics industry to ''overweight'' from ''market weight'' in a note to clients dated yesterday. Tabata named Sony as his top pick.

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bloomberg.com
calderra6301d ago

Er... how did Sony pull this one? Because they've declared the next-gen format war over? Or have the laptop batteries quit exploding at this point?

MikeGdaGod6301d ago

is guess you're trying to be funny. thank god the stock market doesn't rely on fanboys

MaximusPrime6301d ago

sony owns everything. no wonder that they are improving.

Of course, there was a slow start for PS3 but once PS3 releases in Europe, it will perform very well. Europe loves Sony.

r10006301d ago

Yea i hear ya and agree...

but i bet there are some fanboys from the other side that probably refuse to buy sony products ...

Razzy6300d ago

lol...and probably refuse to see Sony movies. "Spiderman teh suxors!!"

highps36301d ago

Guess those thoughts of Sony doing horrible are out the Window...

Syko6301d ago

The 5.1 digital Reciever that powers my Sound is a Sony, Im surprised that it accepts a signal from my 360 considering how childish M$ and Sony can be. And I cant afford their TV's !

Let's see how the stock does after the Europe launch it might take a hit if they sit on the shelves after launch over there too.

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50°

Homeworld 3 Devs Discuss What Makes a Good Homeworld Game

Game Rant sits down with developers from Blackbird Interactive to talk about how Homeworld 3 looked to the franchise's main selling points.

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gamerant.com
60°

What Made Resident Evil Village an Excellent Survival Horror Game?

GB: "Resident Evil Village is three years old now, and looking back, it’s still a game that fills me with immense joy."

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gamingbolt.com
60°

Killing Floor at 15 - When a Mod Launched a Critically Acclaimed Series

Tripwire Interactive's Killing Floor debuted 15 years ago, birthing a critically acclaimed series and a new publishing arm.