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Xbox One Is Revealed One Minute, Sony Shares Jump The Next

So the Xbox One has been unveiled and as a result, Sony stock surged. ...wait, what?

Well, it's true. Immediately after Microsoft announced their new console, Sony shares jumped over 8%. Shares were then trading at about $22.70, which is a definite increase.

Microsoft's "all-in-one" living room entertainment console will launch later this year (no date or price yet), and it features 8GB of RAM, the x64 processor, USB 3.0, and a Blu-Ray drive. It also has a new controller, a DVR-like feature (similar to the PS4's), and "15 exclusive" titles set to release in the first year of the system's life. One major exclusive - Forza Motorsport 5 - will be available at the console's launch.

But maybe that just wasn't enough to impress people. Maybe they still think Sony has the edge heading into the holiday season. Of course, we still need dates and prices for these systems before we can make any accurate predictions, right? I think we do.

Tags: sony, sony stock, sony shares, xbox one

5/21/2013 3:35:42 PM Ben Dutka

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Comments (68 posts)

Beamboom
Tuesday, May 21, 2013 @ 3:49:05 PM
Reply

I'm not surprised. This was *not* a good start from MS.

- A camera (kinetic) is *required* to be connected to the box for it to work?

- Functionality that enables developers to implement "always on" requirements in their games if they wish?

- Restrictions on used games - now you need to pay a fee to Microsoft?

- A slightly redesigned controller, in contrast to the innovative controller from Sony?

- Embedded both a xbox operating system *and* a Windows core for Skype, Internet Explorer and other applications, and a *third* system to bridge the two? wtf?! (if I understood correctly)

Man I tell you - Sony has won before it even started. They must have a crazy party at Sony HQ just about now.

Last edited by Beamboom on 5/21/2013 3:55:13 PM

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WorldEndsWithMe
Tuesday, May 21, 2013 @ 3:55:48 PM

Man I hope we don't need our stupid camera.

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Beamboom
Tuesday, May 21, 2013 @ 3:59:27 PM

I assume that the blue light in front of the controller needs a cam to have any functionality. But that should be depending on the actual games if they use it or not, just like the Move controller.

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daus26
Tuesday, May 21, 2013 @ 4:05:26 PM

Those three OS are going to take a huge chunk of RAM power, leaving little (compared to PS4 anyway) to gaming.

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blaqsmyth
Tuesday, May 21, 2013 @ 5:03:50 PM

Sony is Harlem shaking to lil Wayne's I ain't got no worries lmao!!

Seriously though did that whatever it that they (Microsoft) did make any sense?
Come E3 next month they have nothing

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FatherSun
Tuesday, May 21, 2013 @ 8:50:04 PM

The only thing I think can regain X gamers faith in the Box is GAMES!!! Good Ones.. Epic ones... Exclusive 1st party ones...

I hope they prove me wrong at E3. I like that MS woke up the DRAGON that SONY is! They came out swinging with the PS4 and as of yet have not crossed any boundaries that can be considered cheap or dirty or just plain stupid. Sony is letting the features and games speak for themselves.

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___________
Wednesday, May 22, 2013 @ 5:25:37 AM

as usual only giving half the information!

1 kinect is NOT required to use the system, phill spencer confirmed that in a interview shortly after the event wrapped up.
just because the system comes with one, i bet you $ony will charge 100+ bucks for theirs, does not mean its required for the system to function.

2 the always online thing is there for developers to utilize so they can utilize xboxs new azure cloud system technology to the one can offload certain computations off to the cloud.
thats why some games will require a net connection, kinda hard to connect to servers and perform these tasks with no internet connection.

3 the restrictions are not mandatory, there if people want to install a game to the hard disc saving wear and tear on the disc itself.
obviously doing that, and not requiring the disc, means the discs have to be locked to your account otherwise you could lend them between friends.
hows being able to install a game to the HDD a BAD thing!?
at least this way you get faster load times, save wear and tear on the disc, AND dont have to constantly switch between discs, or take 100 games and cases with you when you go to a friends place or on holidays.
and these are BAD things!?

4 the "slightly redesigned" controller is slightly redesigned because there were no innovations needed!
plus concave analogue sticks, improved triggers, and a gimmicky unnecessary battery sucking cost increasing track pad, are hardly "innovations"!
o, and dont forget the light bar, put that in the same category as the track pad.

5 kinda give you the last one, that does seem needlessly complicated and convoluted!
and it probably will take up allot of memory, but lets not forget the 360s OS STILL takes up a fraction of what the XMB on the ps3 does, so who knows it may be allot more efficient than you think.

at least if your going to complain about things, at least supply ALL the details!
not just the ones that suit you!

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Beamboom
Wednesday, May 22, 2013 @ 5:57:41 AM

Unless a majority of the press out there is dead wrong in all they say, to have kinect connected is a requirement.

It is also reported to be a requirement to hook the box onto the internet every 24th hour as a minimum, regardless if you play the game 100% from local media.

The "always on" feature is *not* just for cloud computing. It's enough to make your game *required* to store a savegame on the cloud for the "always on" to be enforced. And what's worse, a representative from Microsoft has gone on record saying "they HOPE the developers will force 'always on' through".

So sorry, I have nothing against "devil advocates" but in this case you got a weak case, Underline.

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___________
Wednesday, May 22, 2013 @ 10:12:42 AM

you DONT need kinect connected to the system, as i said before they confirmed that in a interview after the event.
problem ATM is M$ has so many different people saying different things, people dont know who to believe.
$ony had the exact same problem, after the ps4s announcement yosp was asked on twitter about always online and he completely denied it, but a few days later a interview with a EU PR guy said those details were not decided yet.
go onto majour nelsons blog, theres a good 45 minute video explaining the hardware and requirements of the system, they still have not worked out how the online requirements are going to work whether its 24 hours or longer.
its not as if you get booted out of the game when your connection drops like it is in DRM PC games.
for all we know this is just a verification service to make sure everything on the system is suppose to be on the system, and ill bet my left nut $onys going to have something different!
both systems have been hacked to kingdom come, $ony and M$ ARE going to force some sort of internet requirements to help make sure people are behaving themselves.

o, as for the M$ rep of course they hope developers utilize the azure service!
hey lets spend millions in creating these massive server banks to have a ever upgrade able console, and never use them.
rolls eyes.
the WHOLE point of the always online service is to utilize the cloud computational capabilities, and the back end security.
as long as its not a PC DRM environment like 1 sec of dropout = corrupted game save, then it will be fine!


Last edited by ___________ on 5/22/2013 10:15:46 AM

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manofchao5
Friday, May 24, 2013 @ 1:03:15 AM

you forgot the irony though, if they have a blu-ray don't they pay a fee to sony and the parties that had a hand in blu-ray or am I misled?

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Knightzane
Tuesday, May 21, 2013 @ 3:52:28 PM
Reply

So Ben, is Sony still screwed?

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WorldEndsWithMe
Tuesday, May 21, 2013 @ 3:53:09 PM
Reply

I was busy so I couldn't watch, was anybody impressed with anything?

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Clamedeus
Tuesday, May 21, 2013 @ 4:01:30 PM

I'm not sure really. It didn't wow me, Forza looked pretty cool even though it was not actual gameplay.

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Toxin
Tuesday, May 21, 2013 @ 4:01:46 PM

I liked Remedy's Quantum Break preview.

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WorldEndsWithMe
Tuesday, May 21, 2013 @ 4:02:56 PM

Hopefully if Alan Wake survives it has gone multiplat.

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Kryten1029a
Tuesday, May 21, 2013 @ 4:03:52 PM

Gametrailers has the complete event with pre and post show. I missed it too, so I'm watching now.

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daus26
Tuesday, May 21, 2013 @ 4:08:29 PM

It was mostly about TV, sports, and an all new Halo.... TV show. Call of Duty ghosts was the only gameplay (not really) footage I saw, and it did not impress me like BF4 did. Audience cheers was scripted and programmed.

To be fair, we probably have to wait for E3 to show what Xbox One is really up to. However, Beamboom is right in saying that the start is a bad one, for me at least.

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berserk
Tuesday, May 21, 2013 @ 4:20:43 PM

Absolutely nothing interesting ( zero gameplay , if there was , it was like 5 sec ) beside seeing the console and laughing at it s name .It s a little better now that i understand why they called it One tho .

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Kryten1029a
Tuesday, May 21, 2013 @ 4:00:28 PM
Reply

Who came up with the stupid name and what kind of drugs were they doing when they did it? Plus, how's this going help them on a sales level? Playstation 4 vs XBox One doesn't do much for them. That name is just urrgh!

Last edited by Kryten1029a on 5/21/2013 4:01:42 PM

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WorldEndsWithMe
Tuesday, May 21, 2013 @ 4:02:06 PM

It's the Xbox One, not to be confused with the Xbox1 of course.

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Toxin
Tuesday, May 21, 2013 @ 4:05:17 PM

My takes is they are after the non-gamer community. For all we know they may make a deal with Comcast or other TV providers to rent it out to the their user base as the box top.
So the One is as been called it the "all-in-one" is for more than gamers

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Kryten1029a
Tuesday, May 21, 2013 @ 4:05:43 PM

Are the grandmas and casual buyers going to make that distinction? That was why they went with 360 instead of XBox 2, in order to avoid just that confusion.

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Toxin
Tuesday, May 21, 2013 @ 4:14:03 PM


@Kryten1029a
One would think they will advertize to each demagogic individually allowing for a wider user base for non gamers.

My take is that if it is a success the on how I am thinking they are going, How many systems sold will be form gamers.

Last edited by Toxin on 5/21/2013 4:14:52 PM

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daus26
Tuesday, May 21, 2013 @ 4:32:19 PM

Perhaps, I'm the minor, but I'd take it over infinity, durango, or 720. Their focus was to create an all in one entertainment device, so in a way, it's very fitting, imo.

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Xombito
Tuesday, May 21, 2013 @ 8:59:46 PM

The One?

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Jed
Wednesday, May 22, 2013 @ 8:58:46 AM

@Xombito

I bet they use the crap out of that.

I would counter with "4 is better than one"

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tlpn99
Tuesday, May 21, 2013 @ 4:05:35 PM
Reply

The size of the thing it's huge too. Not impressed that much World to be honest.

The voice commands after a while would get tiresome, imagine your lil kid brother walks in on you Xbox off or Xbox internet explorer on you mid game, the arguments it's gonnna cause.

Will I get one, not so sure now after that.

I like Cod so before anyone shoots me down in flames lol I liked the look of the new one. Forza schmorza im not that bothered by it. It does look good, we get Drive Club pretty much the same more or less.

Heard a new name for it too the Xbox None, made me chuckle slightly.

Quantum Break looked good too. Have to wait and see what happens at E3 now, again it will depend on price etc :)

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Toxin
Tuesday, May 21, 2013 @ 4:15:02 PM

if what they said on reveal is true than it recognizes your voice and the once you power up by saying "Xbox on" or what ever it goes to your account.

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FatherSun
Tuesday, May 21, 2013 @ 5:36:33 PM

I personally have dubbed it the XboxDone!

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berserk
Tuesday, May 21, 2013 @ 4:21:49 PM
Reply

Xbox go home ( need to have watched the reveal to fully understand ) , that s pretty much all i can say about " ONE ".

Last edited by berserk on 5/21/2013 4:22:27 PM

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Yukian
Tuesday, May 21, 2013 @ 4:50:38 PM

When I heard "Xbox, go home" I mentally added, "you're drunk" lol

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maxpontiac
Tuesday, May 21, 2013 @ 4:22:19 PM
Reply

Not this conference would have changed my thinking, but wow, it was nothing but an infomercial for COD and TV.

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berserk
Tuesday, May 21, 2013 @ 4:26:38 PM

It changed mine , now there is just no way i ll consider again ONE to be the first in my home .

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daus26
Tuesday, May 21, 2013 @ 4:33:58 PM

For sure. I'm trying to imagine the amount of money they used for the celebrities, actors, and athletes... mind-blown.

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Looking Glass
Tuesday, May 21, 2013 @ 4:26:26 PM
Reply

I've said this before but there has been evidence that Microsoft is becoming less interested in gaming and more interested in general entertainment.

The Xbox One seems to confirm this. It seems that it's more of a general entertainment system than a gaming system with gaming being just one of a number of emphasized functions as opposed to the primary function.

And yes the name is a bit of a head scratcher. It seems that Microsoft is taking a page from Sony's playbook and going with numbered system names. And Blu Ray? So Microsoft it seems is finally admitting defeat in the whole format war several years after the war actually ended. I guess better late than never right?

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FatherSun
Tuesday, May 21, 2013 @ 6:08:50 PM

There is MORE than evidence my friend. Microsoft has outright stated that they want the living room. And just as you stated, the XB1 confirms this.

Following Sony on numbered systems is interesting. Will the be an Xbox-Two someday?

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Jed
Wednesday, May 22, 2013 @ 9:04:47 AM

The name is about all of the stuff it's supposed to do. The one piece of hardware you will need for all of your entertainment.

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Temjin001
Tuesday, May 21, 2013 @ 4:29:49 PM
Reply

The console is a joke. It's emphasis on 'owning the family room' is a turn off. The message here is clearly that the gamer is not their core. What the crap is the use of all of this quick switching? Who the heck needs to switch from the "Price is Right" and whatever game they're playing? What use is IE when everyone has internet access from the phone or tablet? Who cares for all that crap?
The already lacking hardware is made worse by how much resources are reserved for the multi-tasking OS. MS's omission of any true specs all but confirms it's inferiority to PS4, hardware wise.
I was kind of hoping the Xbox One rumors weren't true but they are. This may be MS's disaster console with gamers.

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broox9
Tuesday, May 21, 2013 @ 8:34:10 PM

as a web developer, most of us think IE is a joke. 9 is acceptable and 10 is okay, but nobody who does development uses IE (except .NET developers)

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Akuma07
Tuesday, May 21, 2013 @ 10:22:22 PM

I am also in web dev, and I flat out refused to code for IE anymore. Its firefox and chrome for me!

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berserk
Tuesday, May 21, 2013 @ 4:30:09 PM
Reply

" yes the name is a bit of a head scratcher. It seems that Microsoft is taking a page from Sony's playbook and going with numbered system names. "

Nah ...ONE is because it s supposed to be the center of you re entertainment room . Does everything all in ONE box .

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Looking Glass
Tuesday, May 21, 2013 @ 4:36:09 PM

Well even if it's not a knockoff name (so to speak) it does sound like one. And it might cause a bit of confusion for consumers at least at first. Microsoft probably should have gone with Xbox 720 or something.

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Temjin001
Tuesday, May 21, 2013 @ 4:45:17 PM

..everything as in adds cable TV watching to the mix and finally BluRay support. I suppose we should ask if it supports 3D Blu Rays?
Really, the PS3 was and is already an entertainment hub of many. MS pretending that it's some fragmented problem zone of the living room is just false. I really can't believe they spent like half their show trying to pitch 'One' ness.

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Karosso
Tuesday, May 21, 2013 @ 4:36:28 PM
Reply

But... It looks like a Dell Optiplex!!!!
Thinking about it thou, so did the Xbox360 LOL

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Lord carlos
Tuesday, May 21, 2013 @ 4:36:55 PM
Reply

Xbox One...blah yuck

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FatherSun
Tuesday, May 21, 2013 @ 6:02:12 PM

The ONE console to RULE them all!

Frodos next adventure?

Last edited by FatherSun on 5/21/2013 6:03:25 PM

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FatherSun
Tuesday, May 21, 2013 @ 6:01:31 PM
Reply

The immediate surge in SONY stock is due to the underwhelming XboxDone reveal. I easily expected this. If they were to have MINDBLOWN the industry then things would look different. Although I still believe that SONY would have been in a good position either way.

As stated by TOXIN above, if people can replace their Cable boxes for an Xbox One then I see no reason why they wouldn't prefer a full fledged Entertainment System versus a dumb terminal cable box. This is the lesson that MS has learned from SONY. Their TROJAN is exactly the fact that the Xbox One is essentially a CABLE Box.

Looking at the bigger picture I have always felt that MS was never in ANY industry to become the "BEST". Only the best selling. They came into gaming because of the size and exponential growth of the industry. Now that they have acquired a healthy market share they have sets their sites on Television. It is a good strategy. No one should deny that.

Once you own the living room your influence on people is tremendous. You can convince people to do almost anything through television. Do you think you will see a PS4 commercial on the Xbox One if they have deals with cable companies? Maybe, but one thing is for sure if MS could block it they will. They are kings of EXCLUSIVITY deals. It has always been and always will be about the Money!

I am not worried though. SONY knows Games and I sense that SONYs PS4 will also have the capability to connect to cable television. Or maybe their Internet television venture will come to fruition. Such exciting times no?

There will someday be a movie about this!

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WorldEndsWithMe
Tuesday, May 21, 2013 @ 7:49:15 PM

I don't think their typical strategy will work this time, I'd rather have a cable box because it's simpler and won't fall apart.

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FatherSun
Tuesday, May 21, 2013 @ 8:40:27 PM

I don't think it will work the way they expect. The battlefield is too wide for any one company to completely dominate anymore. Those who are not easily swayed will see this XB1 for what it is. It is an attempt to control as much of the entertainment industry as possible. Of course there are more easy prey than savvy consumers in the world but the world is waking up so I don't know how far they will get. If and when I ever own one it will be more out of curiosity. I am sure there will be some games that I will find interesting at some point.

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FatherSun
Tuesday, May 21, 2013 @ 6:19:55 PM
Reply

P.S.

Imagine if at E3 Microsoft announces 10 "BRAND NEW AAA IP!!!?

That would be an ABSOLUTE nuclear bomb.

That would be some takeover shi.......

Last edited by FatherSun on 5/21/2013 6:20:17 PM

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WorldEndsWithMe
Tuesday, May 21, 2013 @ 7:49:58 PM

There wouldn't be anyone to develop them.

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FatherSun
Tuesday, May 21, 2013 @ 8:42:35 PM

I think MS is all too happy to allow the 3rd parties to be their supply chain for games. An exclusive here and there.. You know.. Same shit we've been seeing on the 360 for the last few years.

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Kryten1029a
Tuesday, May 21, 2013 @ 8:47:51 PM

They've been quietly beefing up first party studios and barring that they can always whip out the checkbook.

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Kryten1029a
Tuesday, May 21, 2013 @ 9:06:52 PM

@FatherSun
I hadn't refreshed when you responded to World. Great minds, huh? :P

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Akuma07
Tuesday, May 21, 2013 @ 10:25:24 PM

They announced 8 new exclusive IPs last night?

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Knightzane
Tuesday, May 21, 2013 @ 8:26:16 PM
Reply

Wanted to add, Nintendo's stock went up by almost 2% as well.

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Akuma07
Tuesday, May 21, 2013 @ 10:25:47 PM

This completely ruins my faith in Sony's 8% rise.

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broox9
Tuesday, May 21, 2013 @ 8:42:34 PM
Reply

E3 is going to be a shoot out. I expect them to hit gaming hard, because basically, they will have to.

As for the XBox One.. I mean the set top box stuff is admittedly cool, but do I really need it? does it handle volume control? I often sit at an angle from my TV (that's where my chair is) how will that work?

As for the exclusives, I don't like racing games not named or cloned after Mario Kart 64, and there is no ShadowFall (Guerilla please take my monies for ShadowFall as soon as you can). Watching the presentation now and I am interested to hear about the MMO stuff I saw posts about earlier. I'm not going to buy CoD, but even so, it's not exclusive, nor will any EA Sports game be exclusive.

... Plus i need to see more gameplay.

Last edited by broox9 on 5/21/2013 8:49:54 PM

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Kryten1029a
Tuesday, May 21, 2013 @ 8:50:16 PM
Reply

The original XBox stills holds the title for the ugliest piece of consumer electronics ever sold but at least it had character. This thing is ugly and BLAND!

Last edited by Kryten1029a on 5/21/2013 8:50:40 PM

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Simcoe
Tuesday, May 21, 2013 @ 10:17:58 PM

I don't find the design of it all that bad. At least it fits in with the whole Home Theatre component look. But I agree the xbox and the xbox 360 just look out of place under a tv. Still gave you a thumbs-up because of the picture of your sidekick, though!

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kraygen
Tuesday, May 21, 2013 @ 11:49:19 PM
Reply

I watched the presentation and all I could think was that the new xbox one is definitely one of the best remote controls I've seen for my tv.

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JROD0823
Wednesday, May 22, 2013 @ 3:13:17 AM
Reply

The Xbox One will make for a nice entertainment hub for me when I get it in a couple years.

I'm definitely waiting for a long while to see whether their new services actually stand up to the load of real world use.

Even when I do get the One, the PS4 will have been my primary gaming console starting this holiday season, and will remain so after I get it, so I don't have any worries at all.

This next generation will hopefully be more fun for me having more than one console from the same generation at the same time, since I have never done that before in my 27 years of gaming.

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jugheadjones
Wednesday, May 22, 2013 @ 4:00:27 AM
Reply

LOL. I had read this earlier. Sony and Nintendo stock prices go up after Microsoft's conference. i thought that was funny. I watched the event and couldn't help but wonder "How many people are gonna stand up, position themselves in front of the TV and flail their arms every time they wanna change the channel."

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___________
Wednesday, May 22, 2013 @ 6:11:14 AM
Reply

been a long, long wait, but TOTALLY worth it!
so nice to finally be able to see what the other side of the fence is offering.
this was SO much better organized than $onys announcement!
they actually showed off the system there announcing, they showed off the boot screen and the user interface, and using some of its features.
really disappointed about the home screen though, i mean we have had this for how many years now?
cant we come up with something cooler and better looking for a all new generation console?
even the games were better at least we actually saw some games and normal game trailers, unlike $onys majority of tech demos.
hate it when companies show off tech demos because 99% of the time there smoke and mirrors, cough the tech demo for KZ2, or there things will never get to see fully formed.
kara tech demo for instance, 1 thing we REALLY need formed into a game, but i bet we wont.
:(
only part that needed to be removed is the EA sports bit, i mean for f*cks sake EA, NO ONE CARES ABOUT ATHLETES!!!!!!!!!
man that was boring, biggest waste of however minutes that was of my life!
only part i would of liked to see expanded is the hardware of the system, they really dident go into detail with it, and it would of been nice to see a making of docco or something explaining the hardware and why they chose it.
but eh, maybe for next time?

all in all a pretty good event, showed off just enough to peak peoples interest, and get them excited for the many more reveals awaiting for E3.
O, and REMEDY!!!!!!!!!!!!!!!!
ah, they have been dormant for FAR too long!
really hope they expand this gen into a much bigger team, its such a waste the little amount of games they have released this gen!
such a talented studio and all we have to show for it is alan wake, the DLC, and its digital little sibling.
what a waste of one of the industries greatest!

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Jed
Wednesday, May 22, 2013 @ 9:13:54 AM
Reply

What happened to M$ stock after the show?

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Underdog15
Thursday, May 23, 2013 @ 1:45:39 AM

Don't really know. My friend told me it went down, but I didn't see the numbers myself.

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Underdog15
Thursday, May 23, 2013 @ 1:45:47 AM
Reply

Go home XBOX.... you're drunk.

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ricksterj
Thursday, May 23, 2013 @ 12:22:52 PM
Reply

It's got Blu Ray now and is in FINAL(?) case form so I'll give it that (which ain't much) BUT - with NO backwards compatibility on EITHER side.....at the VERY least I'll watch and WAIT (a LONG WHILE). At WORST, I'll sit them out thank you.

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