Sony's shares take hit over PS3 launch

sony-stock-t.jpg
By Paul Sinclair
Posted on Feb 20, 2006

Shares of Sony fell today following an analyst report that said the company may delay the launch of the PlayStation 3. Sony shares fell 3.6% to close at 5,300 yen ($44.84) apiece. Sony's drop led the Tokyo market lower Monday, according to the Wall Street Journal, with the Nikkei 225 Stock Average falling 275.52 points, or 1.8%, to close at 15437.93 –- its second straight decline.



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