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Sony stock up 11% thanks to new mobile announces

Tuesday, 19th March 2013 04:31 GMT By Brenna Hillier

Just a little blip for you: Sony’s stock has risen 11% after being upgraded by Japanese analyst Daiwa. Unfortunately, it has nothing to do with games, with Reuters reporting that Sony’s recently announced line of Xperia Android phones have proved seductive enough to convince investors that Sony Mobile might finally get its act together. Still, broad corporate health means less reason for Sony to consider cost-cutting in the PlayStation division, so it’s good news.

Thanks, monu-mental.

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4 Comments

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  1. Dragon246

    All signs are pointing that Sony had bottomed out last year.
    Expecting great things from them this year, especially in gaming.

    #1 1 year ago
  2. G1GAHURTZ

    Lol!

    Where is woe?

    #2 1 year ago
  3. Lengendaryboss

    Great Sony overall have had great products even if on the pricey side. Lets hopes this continues.

    #3 1 year ago
  4. Samoan Spider

    @2 Haha, yeah I’m expecting him to turn up, but hopefully this is a lesson in how fickle the stock market is, and how not everything in the world revolves around our favourite pastime ;)

    #4 1 year ago