Microsoft And Sony Suffer Slope In Stock Markets

Microsoft And Sony Suffer Slope In Stock Markets

Published On January 23, 2009 | By Sam Finch | News

After recent back and forth between Microsoft and Sony, both technological giants have suffered losses in the values of their stocks. Microsoft, who in recent news reported an 11% fall in profit, had their stock prices fall by 2.27USD. A spiral of almost 12%. Sony, faring slightly better in the stock markets with a fall in prices of 1.54USD, have also had to deal with restructuring.

Both companies have announced job cuts, and with their stock prices plummetting, times are hard for Microsoft and Sony.

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About The Author

Sam has been unable to peel his bloodshot eyes and RSI-ridden wrists from the world of gaming since he was first introduced to it, like all good junkies, by his Grandad. From those early days of MegaDrive sweetness, bashing through the throngs of enemies on Shining Force II, his love of all things games has extended upwards and outwards onto a variety of platforms. You can either believe that spiel, or get the real scoop and know that his spaceship actually crashed here some years ago and he is currently incognito as a games writer for Console Monster.