I don't necessarily put alot of stock in analysts, but many investors do. When Merril Lynch released a report suggesting the PS3 could cost 800 to manufacture a few months back, Sony's stock dropped something like 3%. What I don't understand is if these analyst reports are wrong, why doesn't sony come out and say so? Nintendo said they're making profit per console sold, and Microsoft freely admitted how much they were losing, so it really doesn't make sense for Sony to sit there saying nothing unless the truth is pretty bad.
Slashdot Mirror
I don't necessarily put alot of stock in analysts, but many investors do. When Merril Lynch released a report suggesting the PS3 could cost 800 to manufacture a few months back, Sony's stock dropped something like 3%. What I don't understand is if these analyst reports are wrong, why doesn't sony come out and say so? Nintendo said they're making profit per console sold, and Microsoft freely admitted how much they were losing, so it really doesn't make sense for Sony to sit there saying nothing unless the truth is pretty bad.