Sony Computer Entertainment boss Kaz Hirai had some fresh PlayStation data for the CES crowd today. Probably most important to Sony's PlayStation 3 fortunes are LittleBigPlanet sales, which Kaz says now total 1.3 million worldwide.
@vGInfidel, The only thing between me and shorting this stock to 2 Million GLS is bundled.
You seem to think that bundling is unlikely. I don't agree with you there. What other game are : - first party - ground breaking - have potential to be differentiating game with X360 (PS3 main competition now), like Wii's Wii Sport ? Playing in this stock is dangerous, because of the bundling factor. Which is why I only have 2K short on it, and none of those short are invested in the below 3.5 Million price range :)
Thats frankly terrible sales, so its only done 350k in the 5 or so weeks since launch, its done about 100k in Japan and i'd estimate 300-400k in Europe so 750-850k in its first 5 weeks including big sales month of November. Yet we are still predicting over 3million, that to me does not make sense, the ONLY thing that could even justify this price is if it was bundled and that is by no means a certainty or even particularly likely, there are numerous other candidates. If i didn't already have a large amount shorted i would be going to town on this stock.
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