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June Video Game Sales Are Out; What Do They Show?
Friday, July 17, 2015 - 8:17am | 397Read More...In a report published Friday, Brean analyst Todd Mitchell analyzed June's NPD retail video game industry sales, which showed an 18 percent increase in video game industry sales during June to $69 million. Mitchell commented that the sales growth came from a 20 percent jump in software sales...
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How Virtual Reality Fits Into GameStop's Scheme Of Things
Friday, June 19, 2015 - 12:22pm | 403Read More...Virtual reality was undoubtedly the focus at this year’s Electronic Entertainment Expo (E3). Though the industry is in a nascent stage, it has the potential to change the entertainment and gaming space significantly. GameStop Corp. (NYSE: GME) CFO Rob Lloyd was on CNBC Friday to discuss...
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How Sony Could Lose Its Leverage To Microsoft
Monday, June 15, 2015 - 12:20pm | 613Read More...Sony Corp (ADR) (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) are gearing up for a week of news from the 2015 Electronic Entertainment Expo. The two industry stalwarts are scheduled to host their annual press conferences later today, and the stakes are higher than ever. "Sony has to be...
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Microsoft Boosts Storage For Xbox Consoles
Wednesday, June 10, 2015 - 8:04am | 304Read More...Microsoft Corporation (NASDAQ: MSFT) unveiled a new version of its Xbox One gaming product with increased storage. The new product, with one terabyte of storage capacity will ship to retailers June 16, the company said. Microsoft closed Tuesday at $45.65, down $0.08. The new product "...
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'Fallout 4' Nuke-Sized Expectations: Will Sales Match The Hype?
Wednesday, June 3, 2015 - 12:42pm | 391Read More..."Fallout," the post-apocalyptic RPG series, has one of the most fervent and dedicated fan bases in the realm of gaming. It comes to no surprise that as soon as Bethesda on Tuesday released a link with a simple countdown with "Fallout"-like stylings, the Twitterverse was set...
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Wedbush Calls April Video Game Growth A 'One-Hit Wonder'
Friday, May 15, 2015 - 10:29am | 268Read More...In a report published Friday, Wedbush analyst Michael Pachter commented on NPD data (released Thursday) that showed gaming console and hardware software sales rose 13 percent year-over-year to $257 million, exceeding the analyst's estimates of $248 million. "Sales were up for the third time in four...
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How Can Windows 10 Reach 1 Billion Devices?
Sunday, May 10, 2015 - 9:46am | 650Read More...Microsoft Corporation (NASDAQ: MSFT) wants Windows 10 to be installed on one billion devices within two to three years. Is this a realistic goal for the new OS or marketing hyperbole that will never be achieved? "My guess is they're probably close to that many users, whether it's...
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Xbox One Update To Have SmartGlass?
Thursday, April 23, 2015 - 10:25am | 149Read More...Microsoft Corporation (NASDAQ: MSFT) is expected to release an updated Xbox in May along with a SmartGlass update. The SmartGlass app “will soon let you power your console on and off remotely if you're using a Windows or Android mobile device,” according to a report from...
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GameStop CFO: Xbox 360, PlayStation 3 Sales Headed For Drop-Off; Xbox One, PlayStation 4 Might Grow
Friday, March 27, 2015 - 3:55pm | 312Read More...GameStop Corp. (NYSE: GME) declared worse-than-expected Q4 results Thursday. Revenue of the company declined 6 percent year-over-year to $3.48 billion, while profits rose about 13 percent to $2.15 per share. Robert Lloyd, GameStop CFO, was on CNBC to provide an outlook on games and...
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Weekly Tech Highlights: New Video Game Consoles Could Struggle In China, Amazon's Bragging Rights And More
Saturday, January 10, 2015 - 2:12pm | 212Read More...Apple Inc. (NASDAQ: AAPL) is just a couple weeks away from reporting its fiscal Q1 2015 results. Investors are salivating for the final numbers, which could set the stage for the coming months. Did the tech giant win big during the December quarter? Analysts think the answer is yes. Elsewhere, it...
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IDC Analyst: Combined China Sales Of Xbox One, PS4 'Unlikely' To Cross A Million Units This Year
Friday, January 9, 2015 - 1:19pm | 416Read More...With Microsoft Corporation (NASDAQ: MSFT) taking the lead by launching its Xbox One in China, Sony Corp (ADR) (NYSE: SNE) is under the heat to launch the PlayStation 4 as soon as possible. However, the company is yet to come out with a confirm date on when it is going to launch the...
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Will NVIDIA's Tegra X1 Dethrone The PlayStation 4 And Xbox One?
Tuesday, January 6, 2015 - 10:29am | 483Read More...In 2014, NVIDIA Corporation (NASDAQ: NVDA) told the world that it had built a chip that could bring Xbox One-quality graphics to a mobile device. Now the company is repeating that message with the all-new Tegra X1. It might sound impressive on paper and perform well in demo form, but is this...
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Is Xbox One Really Beating PlayStation 4?
Tuesday, December 16, 2014 - 12:30pm | 486Read More...Microsoft Corporation (NASDAQ: MSFT) celebrated a major victory in November after NPD announced that Xbox One had sold 1.2 million units. Curiously, no specific sales figures were provided for PlayStation 4, but Sony Corp (NYSE: SNE) was thought to have sold between 750,000 and 800,000 units...
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PlayStation 4 Vs. Xbox One: Will Price Cuts Have An Impact This Holiday?
Wednesday, November 12, 2014 - 1:43pm | 638Read More...Sony Corp's (NYSE: SNE) PlayStation 4 has dominated the market since it was released in November 2013. The console reached a new milestone in August after Sony announced that it had sold more than 10 million units. According to GameSpot, Microsoft Corporation (NASDAQ: MSFT) posted a blog...
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Brean Capital Previews Video Game Publishers: Electronic Arts, Take-Two Interactive And Activision Blizzard
Monday, October 27, 2014 - 11:28am | 605Read More...Todd Mitchell of Brean Capital previewed the major video game publishers, including Activision Blizzard, Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NYSE: EA) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) ahead of third quarter results. Industry Wide View Positive Mitchell believes...
