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Following Microsoft’s unveiling of the Xbox One yesterday Sony’s share price has risen by nine percent. Was it really that bad?

The company’s stock price has fallen by around 1.23 percent before the presentation, but then jumped two percent in after hours trading, GamesIndustry reported. The stock continued to rise and is now sitting at an increase of 9.25 percent.

The reaction to the Xbox One has been mixed, with some loving the look, new features, and games, however there are some who are upset about certain restrictions that Microsoft is imposing–such as the fee for pre-owned games.

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About Matthew Bennett

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Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89

Sony Stock Price Jumps 9% Following Xbox One Reveal

By Matthew Bennett | 05/22/2013 04:40 AM PT

News

Following Microsoft’s unveiling of the Xbox One yesterday Sony’s share price has risen by nine percent. Was it really that bad?

The company’s stock price has fallen by around 1.23 percent before the presentation, but then jumped two percent in after hours trading, GamesIndustry reported. The stock continued to rise and is now sitting at an increase of 9.25 percent.

The reaction to the Xbox One has been mixed, with some loving the look, new features, and games, however there are some who are upset about certain restrictions that Microsoft is imposing–such as the fee for pre-owned games.

0   POINTS
0   POINTS



About Matthew Bennett

view all posts

Matt is one of the longest-serving members of the EGMNOW team. An ability to go many hours without sleep and a quick wit make him ideal for his role as associate editor at EGMNOW.com. He often thinks back to the days when the very idea of this career seemed like nothing but an impossible dream. Find him on Twitter @mattyjb89