Thoughts on Sony's $3 billion bump

Some analysts are already translating it as money to produce more hardware and another $100 or more price cut for the Ps3 that they believe will be announced at TGS

on the news section of GS and here

http://www.gamesindustry.biz/content_page.php?aid=28309

What is this "$3 billion bump"??

The article said nothing about it.

What is this "$3 billion bump"??

The article said nothing about it.

PrimordialMeme

I believe it is referring to SONY floating shares in their insurance branch of the company in Japan which will raise an estimated $3billion which will then be transfered to SONY's gaming branch for investment. What this means to the average joe is that, at current, SONY's insurance branch in Japan is currently owned by a fixed number of SONY directors. When it is floated, the stock in the company becomes purchasable by the public through the Japanese stock exchange. This means SONY has less of a grip on that branch of the company since anyone who has bought shares will own a part of it but, all the money people spend to buy those shares will go straight to the company.

I think sony should bring down the price for the christmas season, but i suspect it wont be that much. I think some people are just waiting for a good game before they buy the $1000AU machine.

I love my PS3, well worth the money if you have it and love computer games!