ARM Holdings (Advanced RISC Machines) plc. Message Board

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Technology Stocks : ARM Holdings (Advanced RISC Machines) plc.

ARMH 67.77

0.0%

Sep 6 5:00 PM EST

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To: Mats Ericsson who wrote (397)	2/10/2000 4:53:00 AM
From: Mats Ericsson	of 912

Sony plans to sell 500,000 units a month PlayStation II Tokyo, Feb. 10 (Bloomberg) The company will start Japanese sales of the much-anticipated PlayStation 2 game console on March 4 as planned, said Ken Kutaragi, president of Sony unit Sony Computer Entertainment. ''We plan to ship 1 million for the first weekend, and 500,000 a month after that,'' Kutaragi said at a press conference to unveil the game's digital versatile disc player. The company has repeatedly denied speculation of a delay. Sony has set a sales target of 1 million units for the game machine's opening weekend. Sony has been dogged by fears it won't be able to mass- produce the sophisticated chips and find enough of the other components that power the new machine. Sony Corp. shares today fell 2.9 percent to 28,710 yen after the world's second-largest consumer electronics maker yesterday said some games developed for its best-selling PlayStation video game console may not work properly on the next-generation system. Only ''a few more than ten'' of the more than 2,500 software titles will be affected by the problem, Kutaragi said. PlayStation 2 will sell for 39,800 yen ($368) and be equipped with the digital versatile disc player capable of playing movies and music. The machine is expected to emerge as a key platform for everything from games to home shopping. Sony has also said it will introduce a network for downloading video games, music and movies from the Internet in 2001. ref: bloomberg.com arm.com

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