PS3 crashes mar Tokyo show demo
Straight from Ars Technica: “When a company is on a roll, good news seems to pour out of it like a gushing, bubbly waterfall. Conversely, when a once-dominant company starts to head downhill, nothing but bad news seems to stick to it. Sony is increasingly falling into the latter category. The demonstration of the PlayStation 3 for the first time at the Tokyo Game show was intended to be a positive moment for the company. Instead, it turned into an awkward one that the press were only too eager to pounce on. Macquarie Equities analyst David Gibson was at the show, and he wrote in a research note to his clients that he saw the PS3 “operate erratically” and said that it “required repeated resets” during the show. He described the problems occurring so close to the production date as “clearly negative news for the company.” However, Gibson believes that the issues can be fixed before launch, so he is keeping his existing “outperform” rating on Sony stock.”
