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Sony Stock Price Jumps Up 9% Following Xbox One Reveal

Following the reveal of the Xbox One next-gen console today, Sony’s stock price has jumped over 9%, while Microsoft’s has dropped around 0.6%. Probably not the response Microsoft was hoping for, but the change in price suggests investors are more confident about Sony’s next-gen console, even though the console has yet to be revealed. The Xbox One is a powerful machine, with a similar specification to the PlayStation 4.

Perhaps the reaction was to Microsoft’s planned games line-up for the new console, or the look of the new machine itself. The situation may take a u-turn at E3 when Sony reveals the final design of the PlayStation 4. Microsoft may have saved a few announcements for E3 too, but we’ll have to wait a few more weeks to find out.

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