Stocks continued to trade narrowly mixed in a quiet session with the techs offering one of the few bright spots as investors awaited a slew of major earnings and news of the Federal Reserve's intentions regarding monetary policy later this week.
Stocks continued to trade narrowly mixed in a quiet session with techs offering one of the few bright spots as investors awaited a slew of major earnings and news of the Federal Reserve's intentions regarding monetary policy later this week.
A prototype of the new device, which has been rumored for the past several weeks, will be unveiled at E3, the video game industry's annual trade show in June.
While the Xbox 360 and PlayStation 3 were born with 10-year life cycles in mind, the Wii hit the market with a much shorter projected lifespan. Now there's growing talk that the company could announce its successor as early as June.
As the iPhone has stolen the media spotlight and been touted as the sole competitor for Nintendo's dominance of the mobile gaming market, Sony has been somewhat left in the shadows.
While Nintendo had a lot to brag about in March, the overall video game industry wasn't so fortunate.
With increasing competition from Apple, and a customer base that's more price-conscious than ever, Nintendo has a lot riding on its new handheld device.
It wasn't that long ago that Activision-Blizzard was an also-ran in video game industry. But these days, the company is responsible for five of the 10 highest grossing games of all time.
Software sales came in slightly better than analysts were expecting, while hardware sales shattered expectations. For the month, game sales fell 5 percent versus a year ago, according to the NPD.
With a weak slate of titles, February is shaping up to be another negative month for the video game industry.
The explosion in cheap and free apps and social network games has devalued game development and could put the industry at risk.
Smartphones have absolutely crashed the mobile gaming industry party since the iPhone came onto the scene in 2007 – can Nintendo answer?
Electronic Arts hasn’t exactly been a darling of Wall Street in recent years, but the president of the EA Games label says the company has made the necessary changes to get back on top.
Oil prices will revert back to “normal levels” once the situation in the Middle East calms down, said Robert Doll, chief equity strategist at BlackRock.
Nintendo's latest game machine, offering glasses-free 3-D images, went on sale in Japan on Saturday ahead of a global rollout, and analysts say it promises to be the world's first 3-D mass-market product.
Despite comparing with weak numbers from a year ago, game software sales were down 5 percent last month versus 12 months earlier, coming in at $576 million, according to NPD Group, which tracks the industry.
After two consistent years of negative growth, investors in the video game industry are hoping for things to start turning around in 2011, but they may have to wait a little longer for that to happen.
The company has unveiled the Xperia Play at the ongoing Mobile World Congress. Due in March, the device will be available exclusively through Verizon in the U.S. and will lead the charge of cell phones capable of playing PlayStation titles.
Kotick explained to me why it made sense to kill the Guitar Hero brand in which the company has invested millions and millions. Demand has dwindled — no question — and Kotick says he partially blames the company for not innovating more.
A work stoppage in the NFL is looking increasingly likely — and the effects of that could reach far beyond the gridiron. One company that’s undoubtedly monitoring the situation closely is Electronic Arts.