Sony's PlayStation 4 is outselling Xbox One, but Microsoft could still gain ground and be a fierce competitor in consoles.» Read More
Japanese electronics giant Sony reported a drop in quarterly profit Tuesday, but boosted its earnings outlook for the full year.
The first shots in the war for the microprocessor of the future have been fired over the weekend. The two leading chipmakers, Intel and IBM, came out with similar announcements this weekend that they have made major advancements in microchip technology. Jim Goldman had the story for “Morning Call” from San Jose, CA.
Japanese game maker Nintendo on Thursday posted a 40% rise in quarterly profit, driven by blistering sales of its DS handheld machine, and stood by its forecast for record-setting annual earnings.
Shipments in Japan of the new PlayStation 3 video game machines reached 1 million Tuesday, Sony said, hitting the company's target about two weeks behind schedule.
Nintendo sold 604,200 of its new Wii video game consoles in the U.S. in December, beating Sony, which sold 490,700 units of its new PlayStation 3, according to retail market research firm NPD.
Warner Bros just unveiled its new Total HD format - works on either Blu-Ray or HD DVD player - guaranteeing that Warner is one company that can't lose in this format war. With The Beatles song, "So Happy Together," playing loudly on the speakers, and "One Disc For All" heralded up on the big screens, Warner Bros Chairman and CEO, Barry Meyer, looked a lot happier than...
Those of you who watched CNBC on Friday probably caught my reporting on baseball superagent Scott Boras. Despite all the negativity that comes from fans – they dislike him because he takes their players away from them for better money – it's hard to deny that he's a powerful figure who rarely disappoints his clients. Also, one of the most interesting articles I read over the weekend was about Spain's bullfighting tradition being in distress. Bullfighting is...
CNBC’s Silicon Valley Bureau Chief Jim Goldman is in Las Vegas for the 40th annual Consumer Electronics Show--where some 140,000 people are previewing products from 3,000 companies over the next four days. Our top tech reporter appeared on “Squawk on the Street” to tell us the companies – and stocks – to watch at the conference.
Sony and Microsoft said on Sunday they hit sales targets as their PlayStation 3 and Xbox 360 video game consoles battle for top billing in the $30 billion game market.
Here we are, on the eve of the huge Consumer Electronics Show in Las Vegas. We had pretty good anecdotal data from some of the industry's biggest names that 2006 was a strong year for the business, but now we have hard data, courtesy of the Consumer Electronics Association, the group hosting this week's event in Las Vegas. And 2007 looks even stronger!
Financial markets will have plenty of news to feast on in the coming week although the markets generated enough headlines on their own in the first days of January with just a few big stories to chew on. The second week of January is quite busy. We're looking forward to some of the most important and newsy industry conferences of the year, plus the start of earnings season, an important Fed speech, and some fresh economic data.
Just a few days away now from what promises to be an absolutely blockbuster week in the world of electronics, beginning with the massive Consumer Electronics Show in Las Vegas ... CES will be attended by 145,000 registered guests, 2,600 exhibiting companies spread across 35 football fields. But this year's show gives us pause to look back since CES celebrates its 40th anniversary.Ironic since this past December 28, I celebrated my 40th birthday as well. Ironic still since my wife took me away to a decidedly low-tech, nature-infused Calistoga Ranch in California's Napa Valley. As I absorbed the phenomenal scenery, the extraordinary attention to every detail, the attentive service, the wine, the spa, the food, all the relaxation gave my mind a chance to wander: preparing for the electronics extravaganza ahead while letting my mind drift to my first CES in 1994 ...
The war over the next generation of DVDs might be reaching an impasse, without one clear winner. Julia Boorstin closed out “Power Lunch” with the details on the DVD format war.
The companies also agreed to conclude their patent litigation, which involved imaging technologies, Kodak said.
A few weeks ago Sony beat the $3 billion dollar box office mark. It was pushed over the edge by the ongoing success of Casino Royale, and pushed further now by Pursuit of Happyness. Sony told me they are at about $3.26 billion worldwide as I write this and expect to top $3.3 billion worldwide by Monday ... And Friday Disney announces it's neck and neck with Sony, hitting $3.26 billion in international box office. So Disney is also doing some boasting ...
The "rumors" are buzzing about what Apple's next big move might be. Some say it's an i-Pod cell phone combo, others think Apple will make a big move in, quote, "I-TV". On Power Lunch, Bill Griffeth sifted through all the speculation with with PC Magazine’s Lance Ulanoff. Ulanoff said, the only sure thing is the I-Phone.
Yesterday I pulled into the Sony lot in Culver City for an exclusive interview with Sony Pictures CEO Michael Lynton and the mood was certainly celebratory. Huge tents were up for the holiday party and they're prepping for the premiere of the Will Smith vehicle, "Pursuit of Happyness", but the real celebration is one that Warner Bros got to gloat about the past two years, and Disney the year before.
Satellite radios -- totally over-hyped? Unlikely to be saved by the holiday shopping rush. The news keeps getting worse and worse. S&P today downgrading XM Satellite radio shares to sell from hold. S&P expecting the company to give up its marketshare to Sirius. But Sirius had its share of bad news as well...
With Microsoft’s Xbox and Sony’s PlayStation 3 crowding the videogame market, Nintendo’s Wii has plenty of competition. But the newcomer to the gaming console sector is doing just fine, IGN's Chris Carle told “Squawk Box.”
Sony wants to grow global sales of flat-screen televisions by about 70 % in the next financial year starting in April.