Sony replies to share price drop after Fortnite hits Switch

After the release of Fortnite on the Nintendo Switch, both Sony's and Nintendo's share prices have dipped. Sony has allowed Fortnite players to share progress from their PS4 account to their Nintendo Switch.

After the Nintendo presentation at this years E3, both of Sony's and Nintendo's share prices took a small hit. This was a direct result of Sony not allowing PS4 owners that happen to own a Switch as well to transfer their account to the Nintendo Switch. Sony has blocked players from doing this as they believe they are protecting their players from potential security risks.

Sony issued a statement in reply to the share value drop of 2%, here is what they had to say "We're always open to hearing what the PlayStation community is interested in to enhance their gaming experience. Fortnite is already a huge hit with PS4 fans, offering a true free-to-play experience so gamers can jump in and play online. With 79 million PS4s sold around the world and more than 80 million monthly active users on PlayStation Network, we've built a huge community of gamers who can play together on Fortnite and all online titles. We also offer Fortnite cross-play support with PC, Mac, iOS, and Android devices, expanding the opportunity for Fortnite fans on PS4 to play with even more gamers on other platforms."

Nintendo of America president, Reggie Fils-Aime also commented saying that Nintendo is completely "fan-forward" and is working within the "best interest" of the game. His full statement reads as follows: "We embrace working with a developer and enabling them to bring their vision to life and whether that's Fortnite, whether that's a number of the other games that have cross-platform play on our console, from a developer standpoint that's what we want. And we work hard with them to bring that to life. What competitors do is their decision to make. We believe being both developer-forward and fan-forward is in the best interest of the game."