Sony (SNE): Another Set-Back For PS3

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The Nintendo Wii has done it to Sony (SNE) again. During July, the Wii outsold the new PS3 in Japan by a margin of four to one. According to Reuters, Nintendo sold 396,752 units of the Wii in the five weeks ended July 29, compared with 91,987 units of the PS3

Sony got another piece of bad news last week. Take-Two’s (TTWO) popular "Grand Theft Auto" video game has been delayed. Sony needs several popular game products to hit the market in the hope that they can lift sales of it game console.

Right now, the video game gods are lining up against he big Japanese company.

Douglas A. McIntyre