stock

Sony’s Value Down 13% After Microsoft’s Activision Blizzard Acquisition

Very recently, Microsoft shocked the gaming industry by announcing its acquisition of Activision Blizzard. An estimated 68.7 billion dollars was reportedly spent on the deal. This information had a significant impact on Sony, which saw a decline in its value at the opening of the Tokyo Stock Exchange yesterday. According to Bloomberg, the market value of Sony […]

Sony’s Value Down 13% After Microsoft’s Activision Blizzard Acquisition Read More »

PS5 Shortages Until 2022, Says Sony

According to reports, Sony expects low PlayStation 5 production to remain in 2022, with 14.8 million units sold by the year’s end. Sony CFO Hiroki Totoki is said to have informed analysts that PS5 scarcity is predicted until 2022, according to Bloomberg. The continued demand for PS5 consoles has become ever more complicated to meet

PS5 Shortages Until 2022, Says Sony Read More »

Nintendo Shares Fall By 4.3 Per Cent After Switch Lite’s Disappointing Performance

Nintendo recently launched the Nintendo Switch Lite, a more affordable version of its popular console Switch. While there was a lot of hype around the console before launch, the response about the console hasn’t been that good after release. That has led to a slump in the stock market for Nintendo. As one can see,

Nintendo Shares Fall By 4.3 Per Cent After Switch Lite’s Disappointing Performance Read More »