Edward Culchenko
Sony, the world-famous tech giant, has recently reported on the sales of PlayStation 4. In particular, the report says that the Japanese corporation managed to sell over 5 million game consoles since the beginning of the official sales worldwide. The more exact total is 5,3 million copies.
Moreover, in late 2013 Sony announced its ambitious goal to sell some 5 million PS4 until March 2014. Therefore, it turns out that Sony outperformed its own ambitious plans, which is good news for Sony shareholders.
By the way, Sony's stock is responding to the positive report by trying to recover after the recent price decline. At this point, it is trading around $17 per share. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of SNE:
Edward Culchenko
