New Xbox Release Fails to Impress Investors, Microsoft and AMD shares take a hit

With the launch of the Xbox One by Microsoft, one would assume that PlayStation is well and truly screwed. But that’s hardly the case since the figures on Wall Street indicate otherwise with Microsoft’s shares going down by 0.66% while Sony’s shares have gone up by 9%.

It just points to one fact: investors are hardly excited about this release, thanks to the lack of a killer feature.

Speaking of features, the new console offers live TV, split-screen multitasking, Skype group video chat, social recommendations, voice command, stronger hardware for next-gen graphics and a more sensitive Kinect.

If that wasn’t enough, an announcement for users to download exclusive content for the new Call of Duty game as well a partnership with Electronic Arts as well as an association with Steven Spielberg for a Halo TV series didn’t seem to do the trick either.

Experts went on to attribute the complexity of integration with live TV as one of the reasons why $MSFT saw their share value drop by $ 0.23 to $ 34.85. AMD’s fortunes closed at 4.02 going down by 1.95 % at the end of the day. Oddly enough, Sony’s share value moved up by 9.25% (at a value of $1.94) to close the day at $ 22.91.

In addition, Sony didn’t stay quiet on the eve of the new Xbox reveal by trying to redirect attention of gamers by their Twitter and Facebook updates with advertisements concerning the launch of their new PlayStation at E3 on June 10, 2013.

With more to be revealed about each company’s console at E3, it’s only a matter of time until we find out if PlayStation is truly screwed or not.