Sony rating drops to just above ‘junk’ status, how will this effect the PS4?
Sony’s investment rating has been lowered to one notch above ‘junk’ status by investors due to declines in sales of gaming, TVs, and phones. If Sony’s rating drops to ‘junk’ status it may have a hard time finding money in the credit market and will have to find money to offload debt.Sony recently lowered their estimated sales of the PSP and PS Vita.You’ve got to wonder how this will effect the PS4 and if Sony will continue their trend of selling home consoles at a loss at launch or if they will bring out a less powerful device that will make them money from day one. (Industry, Next-Gen, PS Vita, PS3, PSP, Sony)
Originally posted here: Sony rating drops to just above ‘junk’ status, how will this effect the PS4?