Asian equities were mixed on Wednesday, with Shanghai stocks widening losses despite better-than-expected Chinese gross domestic product data.» Read More
We see an inflation 3 to 5 years down the road and investors should stay relatively close to the front end of the yield curve where the bond prices are protected by the Fed position of low Fed funds and interest rates, said Bill Gross, co-CIO and founder of Pimco.
The iPhone and iPod Touch have nearly 11,000 games available via the Apple App Store. And many show more creativity than anything coming from any of the major video game companies.
In its two-month history, the Nintendo DSi has already sold more than 1 million units. It is, by any definition, a runaway hit in the video game industry. But it wasn’t the company’s first effort at extending its lead in the handheld marketplace.
Who says that in this economy you shouldn’t play games with your portfolio? Fast Money says you should!
One day after Microsoft unveiled its new motion sensing technology, Sony has joined the battle. The company on Tuesday showed its new motion capture device — a new controller that works in concert with a video camera that it says it plans to launch in the spring of 2010.
Sony is not backing down in the increasingly competitive field of portable gaming devices. The company today officially unveiled the PSP Go, a completely revamped version of its PlayStation Portable gaming device, which it hopes will better compete against the Nintendo DSi and Apple iPhone.
While its competitors focus on new hardware and new peripherals, Nintendo is focusing entirely on the games.
While there have been a few solid hits, several of the year’s best selling games are over a year old. Check out our list of top-selling video games for 2009!
Last week, the Cleveland Cavaliers forged a deal with a group of Chinese investors that would give them the right, pending NBA approval, to buy at least 15 percent of the team.
In today's lean times, more folks are forgoing expensive gym memberships and doing their exercising at home, so it seems like a good time for Electronic Arts to launch EA Sports Active. The product, which is off to strong start on Amazon, is EA Sports first targeted primarily to a female audience.
Delivering free games on mobile platforms may not seem like a great business model, but Trip Hawkins, CEO of mobile gaming leader Digital Chocolate and founder of Electronic Arts, sees it as the next great growth opportunity in the gaming industry.
Game software sales came in at just over $1 billion, a 23 percent drop compared to the 2008 numbers, according to market research firm NPD Group. The 2008 numbers were bolstered by blockbuster titles "Grand Theft Auto IV" and "Mario Kart Wii"—and a stronger economic climate.
With all the attention on Sony’s first net loss in 14 years Thursday, another announcement that was overlooked. Sony, while avoiding the words precisely, all but confirmed that a price cut is coming for the PlayStation 3 this year.
After a relatively dull past two years, the Electronic Entertainment Expo ("E3" for short) appears ready to deliver the goods this year.
Lately gamers have seemed a bit less interested in the series that once defined cool – and shattered sales boundaries.
Investors in the video game sector might want to brace themselves. A big drop in March sales may signal the beginning of a slump.
There's been plenty of press about how consumers are trading down, but it's not just that simple, according to Mintel Senior Research Analyst Marcia Mogelonsky.
Shares of Sony closed half a percent lower Monday after the electronics maker said CEO Howard Stringer would double up as president and directly oversee the electronics division at the centre of its problems.
Sony sent a message of change Friday in centering power in Chief Executive Howard Stringer, who will also become president and gain greater say over its core electronics business as Japan's iconic electronics maker tackles a painful global slump.
CES will be something of a preview of what’s to come for the consumer electronics industry this year. Less will have to be more, as revenue and investment shrink while buyers and profits become scarce.