Lisa Hanson, Managing Partner at Niko Partners, discusses the pricing strategy of the Xbox in China and explains why the launch of the console will be a long-awaited alternative for Chinese gamers.» Read More
Satellite imagery company GeoEye is not for your IRA, but it’s the definition of a great spec stock.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?
Averting a looming court battle over how it has been handling the exodus from its Internet dial-up service, AOL has agreed to make it easier for its remaining customers to leave as part of a $3 million settlement with 48 states and the District of Columbia.
E3 is a fun show not just because of the companies it attracts, like Microsoft, Sony, Nintendo, Electronic Arts, Activision, THQ and dozens of others, but because of the celebrities who show up too. I had the chance to sit down with Heisman trophy winner and the NFL's #2 draft pick last year Reggie Bush before the big Microsoft event Tuesday night. Complete with multi-karat diamonds in each ear.
Microsoft said on Tuesday it will hold firm on pricing for its Xbox 360 game console, defying widespread expectations that it would respond to a price cut by rival Sony for the PlayStation 3.
The Electronic Entertainment Expo kicked off in Santa Monica, Calif. Tuesday night with the massive Microsoft event inside the outdoor amphitheater at Santa Monica High School. The splashy event kicked off with a group of die-hard Halo fans and high school rockers from Libertyville, Illinois, something of a cult favorite on the web called Corporeal. Hannah, the violinist, brought the house down with the Halo theme.
Executives from Microsoft, Yahoo and other technology companies will discuss ways to combat unwanted e-mail and data theft at a two-day conference that begins Wednesday.
Microsoft. said Tuesday it struck a deal to make 35 Disney movies, such as the animated hit "Aladdin" and the action title "Armageddon," available for download on its online video game service.
Last week it was Microsoft making all the headlines with its Xbox mess: the $1 billion charge connected to the extended warranty; missed sales targets; another multi-hundred-million dollar loss for the entertainment and devices division. And in the background, Sony was grabbing headlines of its own: disavowing any connection to an impending price-cut to make its slumping, $600 Playstation 3 console more competitive. Sony's top brass told the world that there would be no price-cut, that a drop in price didn't make sense.
Google said on Monday it has agreed to buy Web-based security provider Postini for $625 million, expanding its package of online applications to compete with Microsoft's Office.
Sony cut the price of the PlayStation 3 by $100, or 17%, in the United States on Monday, a move that should boost the video game console's lackluster sales.
Stocks ended a holiday-shortened trading week higher as investors shrugged off rising interest rates. The Dow ended the week up 1.4%, the S&P 500 rose 1.6%, while the Nasdaq Composite closed with a weekly gain of 2.2%.
Stocks posted the best weekly gains in three weeks, closing Friday near the best levels of the day as new economic data showed moderate jobs growth, easing worries of a slowing economy. "The jobs number was pretty decent, it was probably as good as we could have expected," said Charles Rotblut, market analyst at Zacks.com.
As Microsoft continues to miss its unit sales numbers, Nintendo's Wii continues to soar. It's the "big elephant" in Barker Hangar in Santa Monica, California--the home of next week's E3 conference. Funny though: that wasn't the competitor Microsoft was likely worried about during the opening salvos of last year's big console wars. It seems Microsoft was only concerned about what Sony's PlayStation III would do.
On the eve of the big (though decidedly more intimate) Electronic Entertainment Expo (E3) next week in Los Angeles, Microsoft drops a bombshell: all those bloggers complaining about the hardware crashes on Xbox 360 were heard in Redmond, Washington. Microsoft will set aside between $1.05 and $1.15 billion dollars to cover a new, 3-year extended warranty program to cover repairs for the device.
Microsoft said it would take a more than $1 billion charge in the most recent quarter due to costs for a new extended warranty program for its Xbox 360 video game console.
Tomorrow, the NBC Universal Family brings us Live Earth--with a three hour primetime special on NBC, plus 18 hours of coverage of Bravo and seven hours on our very own CNBC. Plus coverage on all sorts of other channels in the family--including Telemundo, Mun2, Universal HD, and the Sundance Channel. A sign of the power of the Live Earth message, NBC has attracted some top-notch (huge and influential) advertisers--General Motors, Apple, and American Express.
Jobs data will drive direction on what would otherwise be a quiet summer Friday. For now, Wall Street looks firmly higher and world stock markets are mostly in positive territory. China's Shanghai index bounced back after a 5.5% decline yesterday.
A well-known hacker claims to have overcome restrictions on Apple Inc.'s iPhone, allowing highly technical users to bypass AT&T Inc.'s network to use the phone's Internet and music features.
Never confuse a rally in an industry for a rally in a sector. Cramer learned this lesson the hard way so you don’t have to.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.