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160°

Sony makes it back to even.

For a while this year, it looked like Sony Corp.'s (NYSE:SNE) stock might never recover from its battery recalls and Playstation 3 delays.

But, things have started to move Sony's way. After opening the year at $41, Sony's stock got as low as $37.25. The shares are now back to about $43.

Sony has done a number of things to save its own hide, and some of them may be working. The company is working on a number of ways to get its studio content onto multiple platforms, including its own Playstation portable. Sony is even working with flash memory sticks that allow movies to be played on cell phones.

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bloggingstocks.com
Maddens Raiders7089d ago

investor this makes me happy. Don't get me wrong though, I'm still looking long-term and big picture. I want all of gaming to do well.

XboxKing7089d ago

I'm with you I. Would like to see Sony have 40% of the gaming market and MS and Nintendo have 30% or so each.

XboxKing7089d ago

They always make a come back

Maddens Raiders7089d ago

I don't know about you, but I remember the glory days when Playstation was going at it with Nintendo and then XBOX always fighting, but a good fight. The best games and most innovation was to be had at that time. I won't go into a diatribe to prove the point, but 1990 - 2005 was a very, very good run for SNE and gamers ALL in general. Remember we're talking about an outfit that's sold nearly a quarter million home consoles. So 40/30/30 - that would be beautiful with a good old-fashioned shoot out of HD games galore! It's coming! I just feel like game fans and companies (SNE and MS) have made this all too personal. Let's Game Folks.

Maldread7088d ago

Compitision benfitts gamers all round, regardless of which console you have. Thats`s what fanboys don`t seem to understand.

For Sonys part, they need a lower price and to keep exclusives and create good ones itself ( don`t rush Motorstorm by the way). Otherwise it will be Microsoft who get`s the 40 mark or more.

shysun7089d ago

Only 5 comments?LOL I guess the haters must avoid the Good news for Sony!:P

DC RID3R7089d ago

(sega and nintendo) were still duking it out.

companies with actual GAMING heritage, rather than co-orperation laiden whores battling it out for financial supremacy!

sure it was about finances back in the day too, but sega's and nintendo's visions were solely gaming based, not financial.

most kids seem to think sony=games!?!? wtf??

sony's heritage has NOTHING to do with games whatsoever! if you don't know get to know(radios).

at least ms's heritage comes from SOFTWARE. (without software, no program code.)

now don't get me wrong, i'm not a hater, i give props where thy're due. sony have not only snatched the baton and ran with it, they've DOMINATED the gaming division like bobby lashley!

i'd just much prefer a GAMING company to dominate a GAMING market, to actually know a significant amount about GAMING.

Rooted_Dust7088d ago (Edited 7088d ago )

Nintendo brought Sony into the video game buisness when Nintendo wanted to develope a CD add on for the SNES, kind of like SegaCD, but Nintendo betrayed them for Philips even though they never made the add on and went with cartridges for N64 . So Sony went Solo, and ultimatly kicked Nintendos a$$. Sony got into gaming for revenge.

Maddens Raiders7088d ago (Edited 7088d ago )

that's true, SNE got pwned by Nintendo when they told them to take the SuperDisc made by some guy named "Ken" and shove it up there arses. I think that's been SNE's biggest motivating factor against Ninty since the end of the SNES.

Rider360 - You make good points re: the gaming aspect of the biz and how the manufacturers have lost sight of that. I think that these guys are drinking there own kool-aid at this point and to a certain degree have forgotten about us gamers and the "good 'ol days" of gaming. Most kids these days have no idea that those times even existed and that the competition between companies was light-hearted and fostered invention after invention which we all benefit from today. Games have gotten so big and the revenue so juicy, that the giants can't hardly see us little gamers down here anymore. The cottage industry days are long gone. *sigh* The only good thing now is that the publishers have more "free" reign however still squeezed by the large console makers profit margins, but more creativity is fostered in part due to the leaps and bounds in technology and mainly SPEED since the old days. Speaking for myself, I will game til the day I die and hope that the console makers don't lose complete sight of the people out here that still just-love-to-game without all of the overhype and competitive cannibalism.

60°

Final Fantasy X 25th Anniversary Website Launches With New Nomura Artwork and Merchandise

Square Enix launches Final Fantasy X 25th anniversary site, revealing new Nomura art, books, music releases, and merchandise.

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twistedvoxel.com
-Foxtrot20d ago

Look I know VIII has its issues and all that but how on earth can the do big anniversary events with new artwork and merchandise for VII, IX and X yet VIII got sweet f*** all.

They could have given it something during its 25th anniversary yet all it got was a single Happy Anniversary post on their social media.

solideagle20d ago

they should know that we are OG fans of VIII as it sold truckload as well. not as much as VII or X. I personally didn't like IX but X and VI are my personal fav.

Shadow Hearts 2 covenant is another game I love. I hope one day someone can make remake, I would be delighted

Relientk7719d ago

Final Fantasy VIII is great and you are always the first to defend it in the comments

40°

15 Years Ago, Mortal Kombat (2011) Saved Gaming’s Biggest Fighting Franchise

A brutal reset, a smarter story, and a return to what made it great—Mortal Kombat (2011) revived the series.

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fortressofsolitude.co.za
italiangamer28d ago

"Gaming’s Biggest Fighting Franchise"

Press X to (seriously) doubt.

DarXyde26d ago

Underrated comment. I used to hate that game so much that any time my siblings asked me to play it, I just picked Hom and shut myself down mid-match.

Soy27d ago

And then MK1 killed it again.

DivineHand12526d ago (Edited 26d ago )

15 years went by so fast. I remember playing through the story mode at launch.

90°

PlayStation legend Shuhei Yoshida says Jim Ryan fired him because he didn't listen to him

Why did Sony push Shuhei Yoshida out of his role leading PlayStation's first-party games? He'd overseen some huge successes. Well, apparently, he didn't listen.

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eurogamer.net
Relientk7728d ago

Yeah I can see that for sure. Shuhei Yoshida should have been in charge not Jim Ryan.

Cacabunga28d ago

It should be free highway for him now.. but Sony are too stupid to see this, especially that moron Hulst

S2Killinit28d ago (Edited 28d ago )

Wtf why all that anger. PlayStation is dominating on every level. Besides I think there is a little more to hiring a CEO than just who is available. Its not like its a athlete your team wants to buy.

neutralgamer199227d ago

S2Killinit

live service failures, chasing trends, closing studios. yes dominating

Cacabunga27d ago

Sony is Dominating because competition is not existing. Compared to previous gens this is the poorest in terms of software offerings.

Last gen we got Uncharted 4 Lost Legacy and TLOU2 from ND alone.

This is so far a remasters gen, with no competition to lift up the quality

1nsomniac27d ago (Edited 27d ago )

..."PlayStation is dominating on every level"....

...Really???

PlayStation are soon heading into a new generation in the not to distant future. They currently have the worst customer satisfaction they've ever sustained as a company. The company is heading for a huge crash while at the same time they'll need to be planning how they are going to try and win back that favour and the build up to their new releases.

Yes financially they're winning but they're going to have to ride out this complete public corporate disaster. No one has faith in the company or the product anymore. They've damaged their public image so much this generation. Greed can kill anyone.

medman27d ago

Hulst is a disaster......

+ Show (2) more repliesLast reply 27d ago
blacktiger27d ago

He would've done the same thing and fire Jim Ryan and Shuhei would be the villain. Why?
Because Elite creates the narrative and distraction for gamers, users and citizens.

Outside_ofthe_Box28d ago

More confirmation that Jim Ryan is the culprit for what has happened to Sony. Hulst needs to go too. What sucks is that a lot of the good top heads at Sony are no longer there. I wish that guys that were forced out prematurely by Dumbo Jimbo like Shuhei and Layden came back.

robtion27d ago

Yep. Yoshida was responsible for bringing one of the best games of this generation to playstation (Stellar Blade). He is an actual gamer and is in touch with what gamers want (creative, fun games, not GaaS and agenda pushing). He also seems like a genuinely nice guy if you watch some interviews. Of course they got rid of him.

darthv7228d ago

Makes you wonder if MS even thought about hiring him after Phil and Sarah were leaving. He certainly couldn't make their situation any worse.

Agent7528d ago

Microflop. After Windows XP and Xbox 360, it all went floppy.

S2Killinit28d ago

Floppy 😆
No pun intended

badz14928d ago

Yoshida for President! Jim Ryan was and always be a hack! Sony should get Shu back

Lightning7728d ago

All the gamer/consumer lead heads are gone across PS and Xbox. shuhei gone phil's gone (questionable) but gone. The future of gaming is somewhat uncertain across the board.

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