Most Asian stocks reversed losses on late Wednesday as traders await the release of the U.S. Federal Reserve's meeting minutes due later in the day.» Read More
Nintendo, already struggling with shortages of its Wii video game console, is also seeing signs of higher-than-expected demand for its DS handheld device.
Competition among videogame console makers is getting rougher as the holiday season goes on. Tony Gikas, analyst at Piper Jaffray, thinks one particular company is going to prevail in the sales war. Click to see his stock pick.
There's been a fair amount of controversy gripping the video games console wars, with each of the three major players locked in a pitched battle for market supremacy. Following Black Friday last month, a war of words even erupted when I wrote that Microsoft had claimed huge sales in the week including Black Friday.
Sony's PlayStation 3 outsold Nintendo's Wii game console in Japan in November for the first time since the machines were launched last year, showing Sony may finally be overcoming a slow start versus its upstart rival.
The blogs might be rife with complaints about Xbox and its overheating issues. And a lawsuit seeking class-action status against Microsoft because of Halo 3's alleged incompatibility with the system, might be working its way through the courts.
It's the kind of news at the kind of time that Microsoft must be brooding over: the blogosphere is rife with meltdown messages from Xbox users all over the country. Extended play--the kind associated with new blockbuster titles like Halo 3 and Call of Duty 4--leading to system crashes, overheating, and frustration.
The game console war enjoyed a robust battle on Black Friday and we're getting indications now of new momentum for Sony's flagging PlayStation franchise, and continued mega-sales for Nintendo's Wii. Hard data from Sony indicates a strong week for its platform. The company reports that PlayStation 3 hardware sales jumped 245 percent compared to Black Friday sales a year ago.
Time to sift through the Fast Money in-box and answer more of your questions. Mike writes, “We can’t find a Wii game console anywhere. Is the lack of supply a positive or negative for Nintendo’s stock?”
Apple hosted an unusual one-day sale to usher in the holiday shopping season; rather unusual for a company that prides itself on pricing strength. But nonetheless, it's a move that appears to be paying off as the company tries to establish itself as this year's big winner.
Happy Anniversary to Wii: It was one year ago that the wildly popular videogame console hit the market, taking interactive play to a new level -- and giving Nintendo a huge advantage over Sony and Microsoft in the game game.
U.S. sales of video game hardware and software jumped 73 percent in October, with Nintendo's Wii console regaining its spot as the top-selling console, industry data showed on Thursday.
Sony appears to be coming up with a winning formula. Amazing what a steep price cut will do, but you can't argue with success. Howard Stringer, Sony's CEO, is on the wires saying Sony sold over 100,000 PlayStation 3 units last week, calling the results "the breakthrough we've been anticipating."
Top video game publisher Electronic Arts posted a quarterly loss but still topped estimates on strong sales of such titles as "FIFA 08" soccer and games for Nintendo's popular Wii console.
It's a big day for video games makers today as Electronic Arts, the single biggest name in the space, and THQ both report after the bell today. But despite a healthy run in EA shares, this might not be the slam-dunk investment you think it is.
On the eve of what could be a major shift in Nintendo's family friendly approach to video-gaming, there comes word, courtesy of iSuppli, of just how big the Wii has gotten: how about #1? ISuppli reports that Nintendo has actually replaced Sony as the number one video game console vendor, surpassing the PlayStation maker in the third quarter, 2007.
Microsoft shares soared to a six-year high Friday, after issuing a muscular first-quarter earnings report and raising its full-year earnings guidance the day before.
Japan's Nintendo nearly tripled its first-half profit and boosted its annual earnings outlook on Thursday as its popular Wii and DS game machines outsell rival Sony's PlayStation.
Japan has developed the second most technologically powerful economy in the world after the United States, and the third-largest overall economy, after the U.S. and China.
Microsoft has momentum as its friend when it comes to the game console business. Finally. Halo 3 has been like a magic elixir for Xbox 360, by some measures tripling console sales in the wake of the title's release, and for the first time, Microsoft beat sales of Nintendo's Wii during the month of September, selling an average of 105,600 units a week last month.
Want to make a lot of money? Be the James Andrews of Wii injuries. With 9.3 million Wiis already sold and projected 22.3 million to be sold worldwide by March, the first doctors to advertise as Wii specialists will make a mint. Trust me, I have the worst Wii injury of my life right now and I'm ready to see a Wii doctor.