Sony Takes Stock Market Lead After Xbox One Reveal

Another Castle

Screen shot 2013-05-21 at 7.22.40 PM

Bad news for those on the side of Microsoft’s Xbox in the console wars, Sony’s stock immediately sky-rocketed a massive 9% after Microsoft’s May 21 Xbox unveiling. Perhaps, that news wouldn’t be so bad, had Microsoft’s stock not simultaneously fallen about 1%. This may come as a surprise to many, but let’s explore why.

At the presentation, the President of the Interactive Entertainment Business at Microsoft, Don Mattrick, was the first on stage to showcase an innovative entertainment system.  Repeating the phrase ” the new generation of your living room”, Mattrick demonstrated how the Xbox One integrates the newly fashioned Kinect with instant and streamlined processes that as of date only separate electronics in your home could run at one time. A run-down of the systems complete features can be found in this 90 second video.

It seems that investors are not as confident in the Xbox One’s control-hub capabilities and perhaps this is because from a professional perspective, there isn’t…

View original post 130 more words

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s