Wednesday, May 11, 2011

PSN to Be Running Again by May 31

Many PSN users will be happy to hear that their beloved gaming network will be up and running again by May 31. For almost three weeks, the massive networks of gamers that use the PSN haven’t been able to access online gameplay due to the hackers that attacked it. This caused Sony to shut down the network until the problem is fixed in order to prevent further damage by the hackers. Everyone’s suffering from the outage of the network. There’s bound to be a decrease of demand this month due to the outage, which screws over Sony in this month’s profits. Fortunately though, this decrease in demand should drive prices for the PS3, or anything else that has the PSN, lower. However, I think it would take a much longer time for this decrease in demand to deal any major damage. On the other hand though, producers and developers of the major games that use the PSN are also getting screwed over. People aren’t going to go out and buy a game if they can’t even access the online portion of the game. This really hurts Sony because everyone who would have bought a PS3 this month during the outage, and the games that go along with the system, have most likely turned to Microsoft and bought an Xbox, which is a substitute for the PS3. For the most part though, we won’t see the extent of the damage until it releases its sales report sometime this year.
-Mark E.

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