Sony’s New Playstation Hits Sales Speedbump (SNE)

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The latest portable game player from Sony Corp. (NYSE: SNE), the PlayStation Vita, sold more thn 300,000 units in its first two days on sale earlier this month. During the week before Christmas, the new machine sold just over 72,000 units, less than the 73,000 unit sales of the machine it is supposed to replace, the PlayStation 3.

Supply constraints are possible, of course, but the initial manufacturing run of 500,000 should have been able to meet demand. Reports of buggy behavior probably didn’t help sales, but All Things D probably figured out the right combination: high price, a new game launch from Nintendo, and a slim lineup of games at launch time.

The PS Vita is scheduled to launch in North America on February 22nd.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618