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Sony ordered to halt Playstation sales!
http://www.yarrthepirate.com/phpbb3/viewtopic.php?f=5&t=4084
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Author:  Matti [ Mon Mar 28, 2005 4:07 pm ]
Post subject:  Sony ordered to halt Playstation sales!

Sony Ordered to Halt Playstation Sales

LOS ANGELES (Reuters) - Sony Corp. (6758.T) on Monday said it was ordered by a U.S. federal court to halt U.S. sales of its PlayStation game consoles and pay nearly $91 million in patent infringement damages to a California company, although the judge immediately put her ruling on hold.

The stay in the case means Sony will not actually have to stop importing or selling the PlayStation 2 console in the United States, and will not have to remove PS2s from store shelves, while the appeal is pending.

Financial analysts said there was little practical impact to the order.

"There's no way that Sony's going to stop selling PS2s any time soon, so I don't see the injunction ever taking effect," said Michael Pachter, an analyst at Wedbush Morgan.

"Clearly if Sony loses the appeal they will pay the judgment and enter into a royalty agreement," he added.


At issue is patents held by Immersion Corp. (Nasdaq:IMMR - news) on vibration technology. The PS2's Dualshock controllers vibrate when players take actions in some games, like firing guns.

Immersion shares were up nearly 15 percent on the news, though Sony shares were basically unchanged.

Sony Computer Entertainment, Sony's gaming unit, said it would appeal the order, handed down last Thursday by a federal court in northern California.

A Sony spokeswoman in the United States said the appeal was in progress but declined to say when it would be filed. However, a Sony spokeswoman in Tokyo said the company would be paying compulsory license fees to Immersion while the appeal progressed through the courts.

Games accounted for 44 percent of Sony's group operating profit from October to December, as its electronics division continues to struggle.

The $90.7 million awarded by the court is more than triple Immersion's total revenues of $23.8 million in 2004.

The court's decision confirmed a ruling last year that ordered Sony to pay $82 million in the case. The amount was raised to slightly more than $90 million due to interest.

Immersion shares were up 85 cents at $6.60 in afternoon trading on Nasdaq. Sony shares were down 2 cents at $41.14 on the New York Stock Exchange, having fallen slightly in Tokyo.

Author:  arlania [ Mon Mar 28, 2005 6:38 pm ]
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Such crap. This country is all about making money on each other.

Author:  Parade [ Mon Mar 28, 2005 9:49 pm ]
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u know those things on ebay that sell for like 6 dollars that say "HOW TO GET A FREE PS2, THIS REALLY WORKS!" yaw well my friend actually bought one of those, and the information the guy gave him actually works... my friend now has a free psp and is rubbing it in my face... i dont think whet he did was legal though

Author:  arlania [ Mon Mar 28, 2005 9:52 pm ]
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He should tell you how. So I can get one :wink:

Author:  Parade [ Mon Mar 28, 2005 9:54 pm ]
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he sent the e-mail to me... ill be sure to post it on here when i have time, so everyone can enjoy a free psp

Author:  arlania [ Mon Mar 28, 2005 10:06 pm ]
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Pm me it 1st so I can go after it fast! haha. :wink:

Author:  zippy [ Tue Mar 29, 2005 10:54 am ]
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OMFG IKE please :shock: send me a pM b4 Arlania! :lol: :lol: i have no money... ;_; i am moving soon. :shock: :P

Author:  Led [ Tue Mar 29, 2005 2:18 pm ]
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me 3 dude, i want a free one cause im broke

Author:  Aleks [ Tue Mar 29, 2005 4:03 pm ]
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i'll take one too.

Author:  Parade [ Tue Mar 29, 2005 6:28 pm ]
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ill jes post it as a thread when i get around to it

Author:  Led [ Wed Mar 30, 2005 1:21 pm ]
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do it now man! free psp!!!

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