PlayStation 3 shares stumble with a hiccup in backwards compatibility

Sony Corp.'s PlayStation 3 (PS3) shares were down slightly, -87.94 DKP (-2.01%), to 4,280 DKP (forecasts 42.8 million units sold) today following hiccups with the PS3’s ability to play many PlayStation and PS2 games. Sony had touted better backwards compatibility with the PS3 as it features PS2 hardware within the PS3 so that they would not have the same software emulation problems Microsoft faced with the Xbox 360 last year. Recent reports indicate that 200 games may have compatibility issues—from lack of sound to being unable to load at all. Sony has already responded that they are aware of the issue and that a software upgrade should fix this issue soon. This event alone should not have much of a long-term impact on PlayStation 3 sales, but it is an indicator of other potential faults that may arise with the PS3.