This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

How Sony Won E3 and Recaptured the Video Game World

Updated from 9:10 a.m. to include more information about PlayStation Now.

LOS ANGELES (TheStreet) -- Though Sony (SNE - Get Report) has had recent troubles stemming from a failing television business, continued operating losses, and a battle with hedge fund Third Point over its direction, Sony has made sure its video game unit has continued to capture the minds of gamers around the world. Judging by the reception at E3, it appears as if Sony has solidified its lead in the console wars, even if some of the bigger games for PlayStation 4 won't be out until 2015.

The 2014 Electronic Entertainment Expo (E3) kicked off Monday in Los Angeles, and the first day more than lived up to the hype. Media gatherings brought press from all over the world to downtown L.A. with announcements from Microsoft (MSFT - Get Report) about its Xbox One console, and Electronic Art's (EA) newest lineup of real-life game action including a much anticipated Ultimate Fighting Championship (UFC) game. However, none of that could match the fervor of perennial favorite Sony and its Playstation console, as the company seeks to enter new markets.

Also See: 8 Major Video Games Players Investors Should Watch During E3

Held in the Los Angeles Sports Arena, the gathering focused on both new releases, content and select new hardware. The show began with Andrew House, president and group CEO, Sony Computer Entertainment, announcing a version of the PlayStation 4 (the crowd exploded for this), coming with release of Activision's (ATVI) newest powerhouse title, Destiny.

Aside from a new, white version of the PS4, Sony made several other major announcements, including showing off its rival to Apple  (AAPL - Get Report) TV, as the battle for the living room continues. Follow along to see the rest of the major announcements from Sony E3.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
MSFT $41.62 0.00%
SNE $30.01 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs