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PS4 buys Sony some extra lives - for now

Date:
February 24, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Gamers and investors alike have renewed faith in Sony thanks to the strong performance of its PS4 game console - but it may not be the best gauge of the firm's future prospects. Yonggi Kang reports. Video provided by Reuters


Related Videos

last updated on 2014-07-22 at 6:00 pm EDT

Sony, Universal Face Probe for Possible Collusion Against Pandora

Sony, Universal Face Probe for Possible Collusion Against Pandora

TheStreet (July 15, 2014) — The U.S. Department of Justice is reportedly investigating possible pricing coordination by Sony's Sony/ATV Music Publishing and Vivendi's Universal Music Publishing. The Justice Department has also requested documents from music licensing organizations, the American Society of Composers, Authors and Publishers and Broadcast Music, according to The Wall Street Journal. The Journal said the Justice Department is investigating Sony and Universal's efforts to withdraw their rights from the organizations' licensing agreements with Internet radio company Pandora. A U.S. District Judge found earlier this year that Sony and Universal coordinated with ASCAP to drive Pandora's licensing rates higher. TheStreet's Brittany Umar has details from New York. Video provided by TheStreet
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Microsoft Aims to Catch Up in Console War With "Titanfall"

Microsoft Aims to Catch Up in Console War With "Titanfall"

TheStreet (Mar. 11, 2014) — Microsoft's highly-anticipated new combat game "Titanfall" goes on sale Tuesday exclusively for the Xbox One and PCs, with another version for older Xbox 360 models available on March 25. The $60 sci-fi shooter game stands to help Microsoft's Xbox One in its competition for sales with Sony's PlayStation 4, which both went on sale last November. It appears that the Xbox One has been losing the console war, as sales data collected by NPD revealed that the PS4 outsold the Xbox One in January. Video provided by TheStreet
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New PS4s Experiencing Bugs

New PS4s Experiencing Bugs

Reuters (Nov. 18, 2013) — Amazon customers complain that Sony's new PlayStation 4 has problems. Sony says only a "small percentage" affected of the one million shipped. Jeanne Yurman reports.
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Xbox One Wins Launch Battle

Xbox One Wins Launch Battle

TheStreet (Nov. 25, 2013) — Twitter is filling up with reports of available Xbox One units on the shelf, but no PS4's in sight. Microsoft wins product launch battle.
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