Tue, Mar 19, 2013 | 04:31 GMT
Sony stock up 11% thanks to new mobile announces
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.
4 comments
#1
Dragon246
19/03/13, 4:40 am
All signs are pointing that Sony had bottomed out last year.
Expecting great things from them this year, especially in gaming.
#2
G1GAHURTZ
19/03/13, 7:28 am
Lol!
Where is woe?
#3
Lengendaryboss
19/03/13, 8:18 am
Great Sony overall have had great products even if on the pricey side. Lets hopes this continues.
#4
Samoan Spider
19/03/13, 8:30 am
@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