Analyst cuts PS3 forecast on component worries
Paul Sinclair • Aug 24, 2006
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Japanese investment firm Mitsubishi UJF Securities has lowered its rating on Sony, predicting a 50% shortfall in the company's launch estimates for the PS3 because of possible component shortages. Shares in the company fell by 3.2% on the announcement, investors wary of Sony's ability to deliver on its shipment forecast for the PlayStation 3.
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