Great news for Sony stockholders, Microsoft not-so-much

Screen shot 2013-05-21 at 6.14.02 PMBad news for those on the side of Microsoft’s Xbox in the console wars. Sony’s stock immediately sky-rocketed a massive 9% after Microsoft’s May 21 Xbox unveiling. Perhaps, that news wouldn’t be so bad, had Microsoft’s stock not simultaneously fallen about 1%.

The event took place in The company’s Redmond, Washington main office. The President of the Interactive Entertainment Business at Microsoft, Don Mattrick, was the first on stage to showcase an innovative entertainment system.  Repeating the phrase ” the new generation of your living room”. Mattrick demonstrated how the Xbox One integrates the newly fashioned Kinect with instant and streamlined processes that as of date only separate electronics in your home could run at one time. A run-down of the systems complete features can be found in this 90 second video.

It seems that investors are not as confident in the Xbox One’s control-hub capabilities and perhaps this is because from a professional perspective, there isn’t much entirely different from the Xbox 360’s hardware or the PS4’s already presented specifications.The Xbox One, much like the PS4, has enhanced PC-style GPU such as a custom built 8-core CPU with 8 gigabytes of RAM, a 500 gigabyte hard drive, USB 3.0, Wi-Fi, and a Blu-ray drive. And as demonstrated with the Sony announcement in February of 2013, it’s no secret how much more powerful and speedy this machine is compared to the current generation of the Xbox 360. It’s clear by the numbers that Microsoft failed to separate what make’s their system a step above Sony’s. Sony plans to reveal their console at the E3 2013 conference where they will take the main stage.

Launch date specifics were not confirmed during Tuesday’s announcement, except that the Xbox One will be available late 2013


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