Sony shares leap 8 percent after Xbox One announcement

PlayStation 4 owner took to Twitter earlier today to joke of a "slow news day."

1846 Comments

Sony's shares jumped up 8 percent immediately after rival hardware maker Microsoft formally unveiled its next-generation Xbox One console.

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At time of writing, Sony shares on the New York Stock Exchange are up 8.35 percent on where they were before Microsoft took to its custom-built stage at its Redmond campus to announce the successor to the Xbox 360. Sony shares are currently trading at $22.72.

Sony, which announced its own next-generation PlayStation 4 back in February, has recently been on the offensive. It teased the first shots of its still-unseen PlayStation 4 hardware yesterday, and took to Twitter today to jest that the day of Microsoft's Xbox One announcement was a slow news day.

Microsoft calls its Xbox One an "all-in-one" experience designed to function as the heart of a user's living room. The new hardware, which will launch worldwide in 2013, features 8GB of RAM, a Blu-ray drive, an x64 processor, and USB 3.0.

To keep up with the latest on Microsoft's next-gen unveiling, check GameSpot's Xbox One hub.

Got a news tip or want to contact us directly? Email news@gamespot.com

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Avatar image for BuBsay
BuBsay

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Edited By BuBsay

How to know your reveal failed.


When your competitor does nothing and still out performs you.

20 • 
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wdma

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Edited By wdma

@BuBsay pretty much

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Avatar image for Duninn2013
Duninn2013

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I saw this and laughed.....Also saw fee for used games or loaning games...and laughed.

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sac22

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@casshan02 umm fan boy? ^


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MAD_AI

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Edited By MAD_AI

@Albaficas

Does it play Betamax?

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Akira345

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@xhawk27 Sony owns everything!

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MAD_AI

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@xhawk27 @MAD_AI @Albaficas

They're also part of the Blu Ray consortium.

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xhawk27

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@MAD_AI @Albaficas

No Sony owns that tech!

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xhawk27

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Edited By xhawk27

Good thing because they were ready to sell their last Building. lol

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Kr3isen

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Edited By Kr3isen

4

''puts on sunglasses''

Is better then 1

AAAAAH YEEEEAAAH

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Albaficas

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http://i1344.photobucket.com/albums/p647/HandyKapzz/cdi_zpsd9534021.jpg

41 • 
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CreMax90

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Edited By CreMax90

@Albaficas This is the limited edition

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DevilArK1993

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@Albaficas lol that's what I was thinking when I saw the xbox one reveal .dvdplayer with controller and webcam :)

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Duninn2013

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Edited By Duninn2013

@Albaficas YOU STOLE MY XBOX!

2 • 
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Double-Ego

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@Albaficas LMAO it looks exactly the same XD.

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WingChopMasta

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Edited By WingChopMasta

@Albaficas WHOA!! How did you get that already??!?! Its not out until the fall I thought?!?!

6 • 
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Kr3isen

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@Albaficas ROFL OMG

3 • 
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Double-Ego

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It's rising like crazy... Sony shares are already up by 10% now.

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Truth_Hurts_U

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Sony is gonna take this gen so easy. Nintendo and MS gave them it.

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YNVF8

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I totally would have bought some if I had the money...*sigh* 9.5%

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Avatar image for WingChopMasta
WingChopMasta

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@casshan02 Awww is your mother ignoring you while she shoots up some bleach in the 7/11 washroom?

I am sure that rabid dog behind that trash can will give you more attention.

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the_real_VIP

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LOL, Microsoft Xbox OwNEd.

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cogadh

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@casshan02 MS didn't reveal anything except a box from a 30 year old VCR and a bunch of TV crap that NO ONE CARES ABOUT. Who's wining now?

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Shango4

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@cogadh @casshan02 http://www.gamespot.com/news/xbox-one-has-preowned-fee-6408671

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MAD_AI

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@casshan02

NU UH MAN!

My money hungry corporation is way better and awesomer than your money hungry corporation!

3 • 
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Dnaisinmybody

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@casshan02 This troll has been hiding in his cave waiting for this day!

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northArrow

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Edited By northArrow

HAHAHAHAHAHA!

HAHAHA

Ha!

Oh Shit, I didn't buy any stocks

2 • 
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Whitescarver

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Edited By Whitescarver

@casshan02 Aw sweetheart. ~pets~

19 • 
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WingChopMasta

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LMFAO!! Nooooo kidding. Sony could not have paid enough to get this kind of publicity from anywhere else.

I wonder what kind of witty comment Major Nelson is tweeting this moment..hmmm.

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cbxero

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Sony is rising and Gamestop is falling due to the "we will charge you for used games" announcement. Priceless. I know which console I'll be buying... 4 is better than 1.

26 • 
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Shango4

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Edited By Shango4

@cbxero http://www.gamespot.com/news/xbox-one-has-preowned-fee-6408671

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cheese232323

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Edited By cheese232323

@cbxero wasnt the whole reason why they called the 360 that to begin with is they didnt want to have an xbox 2 vs a ps3? and now they go ahead and drop back down again

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cbxero

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@cheese232323 Possibly, would make sense. Now kids will be like "I've got the Xbox One" and their friends will say "You mean that piece of shit from 12 years ago?"

2 • 
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MXVIII

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@cheese232323 @cbxero I thought it was called Xbox 360, because it was supposed to unite gamers all over the world. Hence 360.

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ibonedyourmom

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@MXVIII @cheese232323 @cbxero No, cheese was right.

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cheese232323

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@MXVIII hmm that doenst make sense to me

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cogadh

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@cbxero "4 is better than 1" I like that!

21 • 
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mr_azim

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@cogadh @cbxero Copyright that, or Sony might steal it :P

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Dnaisinmybody

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Edited By Dnaisinmybody

I don't care much for the Xbox One, but Microsoft made sure I won't even bother to take a look at it. If a friend of mine gets one and wants me to play, I'll be like ''What? So you want me to play with your cable box?" Idiots.

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Kr3isen

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Sat down to watch a gaming consoles reveal earlier today, got 2 hours of talk about tv shows.........true story.

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Slim_Lyrics

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Not surprising. Gamers want games, not to change the channel with their voice.

2 • 
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YNVF8

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Edited By YNVF8

LMFAO....i've been watching it... it's up 9.11% and rising

3 • 
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Exodiouse

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Edited By Exodiouse

lolololol

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foxrock66

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Not surprised. Worst reveal of all time.

24 • 
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Shenmue_Jehuty

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LMAO!!! An hour in and the XBOX One is already failing.

20 • 
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demondogx

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its gonna jump more after the second hand fee spreads around.

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