The PlayStation 4 sold better than its rival Xbox One on U.S. retail shelves in February, but only just, re/code reports» Read More
SAN FRANCISCO, Jan 28- Video game publisher Electronic Arts Inc lowered its 2015 revenue forecast on Tuesday as the arrival of new Xbox and PlayStation 4 consoles is resulting in weaker sales of games for older consoles.
SAN FRANCISCO, Jan 28- Video game publisher Electronic Arts Inc reported higher profit for the third quarter on sales of games for the Xbox One and PlayStation 4 consoles and digital offerings. For the three months ended Dec. 31, the company posted non-GAAP revenue of $1.57 billion compared with $1.18 billion a year ago.
TOKYO, Jan 28- Nintendo Co Ltd, facing a third year of losses, is getting lots of unsolicited advice on how to squeeze more out of its Mario franchise and revive its fortunes after admitting that its Wii U game console has been a flop.
Jan 27- Chinese online game developer Shanda Games Ltd received a buyout offer from its controlling shareholders that values the company at $1.9 billion, highlighting the growing popularity of online gaming in China. Shanda Games shares were up 12 percent at $6.34 in morning trading on Monday. Shanda Games said its board was reviewing the offer.
David Gibson, Senior Analyst and Regional Head of Software & Services at Macquarie Research Japan, says Nintendo is unlikely to scrap its consoles and instead will focus on opening up its own platform for developers.
Nintendo shares slumped on Monday following a huge profit loss warning, but analysts told CNBC the company could be on the verge of a paradigm shift.
The videogame industry gets criticized for glorifying violence but the "World's Best Gamer," (aka "Athene") hopes to turn gamers into real-life heroes.
A new app that lets players buy, sell and merge corporations across nine major industrial sectors became available on Thursday for iPhones and iPads.
Gamers are shifting from consoles to the Web and mobile devices, posing a challenge to game developers, console makers and retailers.
BEIJING/ TOKYO/ SAN FRANCISCO, Jan 10- For the past five years, Zhang Yang has sold Xboxes, Wiis and PlayStations at his Beijing shop, but the Chinese merchant is a thorn in the side of video game console makers now allowed into the world's third biggest market.
Dave McCarthy, Microsoft Xbox general manager, showcases Xbox Fitness, a new online fitness service exclusive to Xbox One that takes the world's most popular fitness videos and makes them interactive.
Sony said it sold 4.2 million PS4 game consoles as of Dec. 28, surpassing the 3 million Microsoft Xbox One devices sold as of end-2013.
China video game mkt third-largest by revenue, worth $14 billion. BEIJING, Jan 7- China has temporarily lifted a 14- year-old ban on selling video game consoles, paving the way for Sony Corp, Microsoft Corp and Nintendo Co Ltd to enter the world's third largest video game market in terms of revenue.
BEIJING, Jan 7- China's State Council said it has temporarily lifted a ban on selling foreign video game consoles, paving the way for firms like Sony Corp, Microsoft Corp and Nintendo Co Ltd to enter a nearly $14 billion dollar market.
Discussing which video game console won the holiday shopping season, with Daniel Ives, FBR Capital Markets, and Colin Sebastian, Robert W. Baird.
CNBC' Josh Lipton reports Sony appears to have the edge over Microsoft in the "console war."
New game consoles from Sony and Microsoft are sold out in many stores, a hint that the business is turning into a two-horse race. The NYT reports.
Win or lose, a lawsuit against the NCAA to give college athletes compensation for the use of their likeness will likely change collegiate athletics.
Glen Kacher of Light Street Capital, explains why he reestablished his shares in Apple.
SAN FRANCISCO, Dec 11- Microsoft Corp has sold more than 2 million Xbox One video game consoles since its Nov. 22 launch, catching up with rival Sony Corp's PlayStation 4 released a week earlier. Japan's Sony last week said it took 15 days for PS4 sales to cross 2.1 million. "Being even is a win for Sony," Benchmark Co analyst Mike Hickey said.