Let $A$ be a commutative ring and $p \in \operatorname{Spec} A$.
In Matsumura's Commutative Ring Theory p. 118 it is mentioned that even though $A[x] \otimes \kappa(p) = \kappa(p)[x]$, it is not true in general that $A[[ x ]] \otimes \kappa(p) = \kappa(p)[[x]]$.
I tried to see why the equality fails for the power series ring and it seems to me that the problem is that when we have an element of $\kappa(p) [[x]]$, then in general we have infinitely many denominators and we can not write that element in the form "some element of $A/p[[x]]$ divided by some element of $A-p$".
Am i right, is that the reason? Also, can this fact be expressed more rigorously than i am expressing it?