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Sony Corporation (ADR) (NYSE:SNE) PS4 Oculus Rift Rival perfectly tailored for playing games

Boston, MA 02/21/2014 (wallstreetpr) – The tech world is buzzing with reports that Sony Corporation (ADR) (NYSE:SNE) is to unveil its Play Station Virtual Reality headset at the Game developer conference in San Francisco on March 17, 2014. An inside source claims that the Oculus Rift rival is more than ready to be revealed having been extensively tested behind closed doors. A TechRadar unspecified inside source claims the Oculus rift competitor is coming out nicely with quality resolution sure to impress all game fanatics.

Rumored Device

Sony Corporation (ADR) (NYSE:SNE)’s rumored device for PS4 was expected to be launched during the Gamescom event that took place in August last year, something that did not happen. The same was later speculated for the Tokyo Game which was also later downplayed and the device never turned up for the occasion.

Reasons being given for the turnaround in events would be the launch of the device for the so thought two months, is that Sony Corporation (ADR) (NYSE:SNE) was carrying out vigorous testing to ensure the device is ready for use at the highest level.  The device currently does not have an official name for the headset, which looks likely to come out during the Game Developer conference.

Looking To Time The Market

Sony Corporation (ADR) had deliberately taken time to polish the headset to make it more appealing and quality in terms of operation. This is a completely different strategy in the part of Sony considering Oculus Rift had been released to developers at different stages of completeness. The delay in release could mean one thing; the headset has some of the best features compared to its predecessor.

Competition for Existing Players

The new headset is believed to be solely tailored for playing games unlike the other line of headsets already in the market. The announcement is not a surprise considering PS4 leadsystemarchitecthad let the cat out of the porch byclaiming the virtual reality would be a major forceto reckon with, for a decade to come. Other news also indicate Microsoft Corporation (NASDAQ:MSFT) could be working on its own Virtual reality technology for its own Xbox One, going by the name Fortazela  that is thought to be similar to Google Inc (NASDAQ:GOOG)’s Google Glass.

Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.