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Macquarie-Securities

Sony denies PS3 problems

October 5, 2006 By sharker

 

As if Sony does not have enough problems what with the recall of batteries it has manufactured for some of the top laptop computer companies in the market, yesterday, Sony’s stocks fell by 2.75 per cent on the Tokyo Stock Exchange. This downturn was a result of the release of analyst downgrades that have sent traders tripping over one another to unload their excess Sony stock. According to one of the reports, which was issued by Macquarie Equities, one of the concerns expressed by many who were able to play with one of the 200 or so PlayStation 3s on demo and the floor of the 2006 Tokyo Game Show is that the units allegedly operated erratically and that it had to be reset repeatedly.Macquarie Equities’ report said that the reason for the malfunction was unknown the general suspicion as that the PlayStation 3 was actually overheating as a result of it being in enclosed units as well as the high temperatures in the venue. The report stated that with the problem occurring at such a close date to the actual launch and thus, fulltime production, this is clearly bad news for Sony.

Sony though has issued its own statement regarding the matter saying, that “despite the report from Macquarie Securities implying that they had heard of reports of PS3s needing to be rebooted at TGS, SCEI are not aware of any instances of this occurring at TGS, nor have we received any reports from third parties to such effect.”

Sony is very adamant that its units are not prone to overheating. Is this a company trying to contain a potentially bad situation? Or is it really just defending a unit that for all intents and purposes is really working well? We now have technically a month to finally find out!

[tags]Macquarie Securities, PS3, Tokyo Game Show, Sony[/tags]

Filed Under: News, Playstation 3 Tagged With: Macquarie-Securities, PS3, sony, Tokyo-Game-Show

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