Tag: PS4

  • Sony Corporation’s (ADR) (NYSE:SNE) Executive Say PS4 Owner Will See “Great Surprises”

    Sony Corporation’s (ADR) (NYSE:SNE) Executive Say PS4 Owner Will See “Great Surprises”

    Sony Corporation (ADR) (NYSE:SNE)’s shares plunged in afterhours trading as the company’s executive declared that its newest gaming console PlayStation 4 also known as PS4, owners are probable to witness a number of ‘great surprises’.

    Fergal Gara, Managing Director of Playstation UK, stated that a number of ‘ gems’ will be posted on the next generation console in 2014 that will ‘push the boundaries’.

    The Gara exposed that the firm’s all major studios are working on PS4 content as well as it will take a couple of months for supply levels to be capable to meet demand for the console, which after its UK release, went onto becoming the fastest selling console in history, according to the Daily Express.

    He added racing game Drive Club, action adventure ‘in FAMOUS Second Son’ along with ‘shooter The Order 1886’ as titles for gamers to look forward to in 2014.

    Gara stated that two titles which will classify what next generation gaming will seem in its mature phase will be Watch Dogs and Destiny. Those gamers could look forward to considering publishers really push the boundaries of what this great machine can do.

    Sony Corporation (ADR) (NYSE:SNE) plunged -0.80% to close at $17.31 with the total traded volume of 2.04 million shares with the average volume of 2.70 million. Its shares were trading within the range of $17.29- $17.48 while its opening price was $17.40. Its market capitalization is $17.96 billion. Its stock price 52 weeks low was $10.59 and 52 weeks high price was $23.38.

    On the other hand, according to current changes made to the firm’s online support pages, Sony will close online servers for a handful of games in 2014, comprising PlayStation 3 racing simulator Gran Turismo 5.

    According to the report, start of March 2014, online features for Resistance Resistance 2, Resistance 3, and Fall of Man on PlayStation 3 will be closed as well. While online features of Gran Turismo 5 will be unavailable as of May 20.