Xbox One revealed, Sony’s stock rises

I promise to get into an analysis of the Xbox One (Seriously, Xbox One? I mean, everyone was expecting to get a lame, unimaginative announcement around Xbox 720, but ‘Xbox One’ is super crappier. What’s the point there… this is the “one” device you will need now? This is the “one” console to buy? Is it because the controllers look like they reverted back to the crappy, oversized original ones that everyone hated?) in depth tomorrow, but today’s quick hit summarizes the market’s reaction to Microsoft’s big reveal pretty cleanly:

Per the Tokyo stock exchange:

Sony’s stock closed up today at 22.91 points, good for a 9.25% jump following Microsoft’s Xbox One announcement. Microsoft’s stock closed down .66%, or relatively flat following the announcement.

Yes, there are other factors likely involved (like Sony is considering spinning off their entertainment division, something people see as a good move) but as the Internet works to get their heads around Microsoft’s plans to charge a fee for used games, a focus on TV and Sports (as opposed to games), underwhelming controllers, the Kinect always watching you even when the console is not in use and an unconfirmed report about how often the console needs to connect to the internet… Sony’s stock price rise is an simple statement on how today went, related or not.