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SONY's stock took a nose-dive after the announcement of the PS4 proving once again that the only ones to get in SONY's way is SONY.
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Comment by Charles Rocchi on February 23, 2013 at 9:39pm -
This isn't uncommon. Nintendo had a similar issue when the 3DS and the WiiU were announced. The reason being is that, once a new console is announced, especially one that's supposed to be released that year, "current" iterations are less likely to sell. For example, if you didn't own a PS3 and went to get one, only to figure out that a newer, possibly better model is coming out that year, you're likely going to wait out for the newer console, meaning sales in general are predicted to fall, therefore causing stock to drop. How Sony handles the drop in stock is what really matters.
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