TOKYO, April 25- Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen, or four times its previous estimate, the Nikkei reported on Saturday. Expectations for higher sales of display sensors used in mobile phones and the Playstation gaming console were the reason Sony raised its forecast, the...» Read More
CNBC's Julia Boorstin reports what Facebook CEO Mark Zuckerberg had to say about the potential for Oculus Rift and virtual reality technology.
CNBC's Julia Boorstin reports from the Game Developers Conference in San Francisco, about Facebook's virtual reality strategy.
Nvidia announced the Nvidia Shield, an Android based set-top box, the latest in a series of consumer product launches from the company.
Finland's Rovio will start tailoring its Angry Birds mobile games to the Chinese market as it aims to step up business in the world's most populous country.
Strauss Zelnick, Chairman & CEO, Take-Two Interactive, discusses NBA 2K15 and where he's seeing growth around the world. He also talks about the importance of the NBA All-Star Game to his brand.
Netflix has started to develop a live action series based on the popular "Legend of Zelda" games, the Wall Street Journal reported.
Hasbro announced on Thursday that current president and CEO, Brian Goldner, has been appointed chairman of the board by its board of directors.
Take-Two said it now expects adjusted revenue of $1.65 billion to $1.70 billion, up from its previous forecast of $1.4 billion to $1.5 billion.
Disucssing Sony's earnings performance, Jay Nelson, senior editor of Japan Executive Newsletter, says the Playstation 4 console is helping the company's profit significantly.
TOKYO, Feb 4- Japan's Sony Corp said its net annual loss will likely be smaller than previously forecast after cost cuts and higher-than-expected sales of its image sensors and PlayStation video game consoles helped its third-quarter profit beat estimates. Sony also forecast a preliminary full-year net loss of 170 billion yen, narrower than its forecast...
TOKYO, Feb 4- Japan's Sony Corp said its net loss for 2014 was likely less than previously forecast as cost cuts and higher-than-expected sales of its image sensors and PlayStation video game consoles helped lift its third-quarter profit. Sony said its preliminary results showed that operating profit had doubled to 178.3 billion yen while sales rose 6...
Take-Two said it now expects adjusted revenue of $1.65 billion- $1.70 billion for the year ending March 31, up from its previous forecast of $1.4 billion- $1.5 billion. It also raised its adjusted profit per share forecast for the year to $1.65- $1.75 from $1.05- $1.30. Adjusted net income rose to $211.6 million, or $1.87 per share, for the third quarter ended Dec. 31,...
Feb 3- Take-Two Interactive Software Inc, a video game publisher, reported a 24.3 percent jump in quarterly adjusted revenue, helped by the runaway success of the "Grand Theft Auto V" game for new consoles. Adjusted net income rose to $211.6 million, or $1.87 per share, for the third quarter ended Dec. 31, from $210.7 million, or $1.70 per share, a year earlier.
Jan 27- Electronic Arts Inc, publisher of the "FIFA" and "Madden NFL" video games, posted better-than-expected quarterly profit and revenue, helped by growth in digital revenue and strong sales of its sports titles. Consumers lapped up heavily discounted older generation version of consoles such as Microsoft's Xbox 360 and Sony's PlayStation 3 in the holiday...
Jan 27- Electronic Arts Inc, publisher of the "FIFA" and "Madden NFL" video games, posted better-than-expected quarterly profit and revenue, helped by growth in digital revenue and strong sales of its sports titles. "We anticipate freemium versions of EA's hit franchises could be very successful and believe EA's mobile growth could outpace the rapidly expanding...
Microsoft reported quarterly earnings that met analysts' expectations on Monday.
SEATTLE, Jan 21- Microsoft Corp surprised the tech world on Wednesday with a prototype hologram visor that can bring the Minecraft video game, Skype calls and even the landscape of Mars to three-dimensional life. Microsoft said its wire-free Microsoft HoloLens device will be available around the same time as Windows 10 this autumn. Microsoft does not have a...
The multiyear losing streak by the video game industry finally came to an end in 2014, though any celebrations may be muted.
Paul Raines, Gamestop CEO, discusses the game maker's holiday sales jump and where they saw growth over the past quarter.
Jan 13- GameStop Corp, the world's largest retailer of video game products, said December same-store store sales rose 4.4 percent, driven by higher demand for games such as Call of Duty: Advanced Warfare, Grand Theft Auto V and Far Cry 4.. GameStop said it now estimated same-store sales to fall 1-2.5 percent in the fourth quarter ending January.