Video game sales soar 53% in June

This is great news and the fact that Sony hardware sales were up goes with what I've been saying aboutn Sony/SNE.

Sony Corp.'s PlayStation 3 bested Microsoft Corp.'s Xbox 360 console in June. The PS3 sold 405,500 units compared with just 219,800 for the Xbox 360. The higher PS3 sales were fueled by the launch of the highly anticipated "Metal Gear Solid 4," which is available exclusively for Sony's console. The game sold 774,600 copies, not including those bundled with the PS3.

AP Video Game sales soar 53% in June

I think PS3 sales are going to continue to rise over the coming year and they are going to start seeing some real momentum. If you are going to buy Sony, you better do it now. It was up 10% before the recent market correction and are back down to that 2 year low. We are not going to see this price again for a while.