July 31- Electronic Arts Inc is back from the "dark side". EA said on Thursday that "extremely strong" preorders for "Star Wars: Battlefront" were behind its decision to raise its full-year revenue forecast to $4.45 billion from $4.40 billion. "is merely trying to rein in runaway expectations for Star Wars, during a highly competitive holiday window for first-person...» Read More
At E3, the annual convention of the video game industry, virtual reality is about to take center stage.
Video game sales are relying on big blockbuster titles, but can't seem to sustain growth during the months in between.
Luke Muscat, Prettygreat creative director and "Fruit Ninja" creator, discusses new developments announced at Apple's WWDC Monday.
The Video Game Hall of Fame inducts its first class.
After years of downplaying and denigrating the mobile market, Nintendo may be doubling down on it.
GameStop earnings boosted by new software sales.
Robert Lloyd, GameStop CFO, discusses the company's outlook on digital sales and why its strategy consists of diversifying its business, including participation in the streaming market through Sony.
May 18- Video game publisher Take-Two Interactive Software Inc, reported a better-than-expected quarterly profit, helped by strong sales of its "Grand Theft Auto V" and " NBA 2 K15" titles. Take-Two Interactive Software also increased its stock buyback plan to 10 million shares. Sales of the physical retail version of "Grand Theft Auto V" ranked among NPD Group's top...
May 18- Video game publisher Take-Two Interactive Software Inc, reported an 83.5 percent jump in quarterly adjusted revenue, helped by strong sales of "Grand Theft Auto V" and " NBA 2 K15". Adjusted net income increased to $54.3 million, or 49 cents per share, in the fourth quarter ended March 31, from $21.5 million, or 21 cents per share, a year earlier.
*Car companies use Nvidia's "supercomputer on a chip". DETROIT, May 14- It took Silicon Valley chipmaker Nvidia Corp the better part of a decade to gain acceptance as a global automotive supplier, a lesson for other technology firms hoping to make a similar transition from consumer electronics to car components. Nvidia had a thriving business in supplying...
TOKYO, May 7- Japanese videogame maker Nintendo Co Ltd on Thursday forecast annual operating profit to double in the year through March, with its entry into smartphone games widely expected to help make up for weak sales growth of its traditional consoles. Nintendo's latest Wii U console has been a distant third to Sony Corp's PlayStation and Microsoft Corp's...
*Forecasts full-year adj profit $2.75/ shr vs est $2.64. May 5- Video game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Madden NFL", posted better-than-expected quarterly earnings and revenue on Tuesday, helped by strong digital sales and the release of "Battlefield Hardline". EA forecast an adjusted profit of $2.75 per share for the year ending...
May 5- Video game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Madden NFL," posted better-than-expected quarterly profit and revenue, helped by strong digital sales and the release of "Battlefield Hardline." Total revenue rose 5.5 percent to $1.19 billion for the fourth quarter ended March 31 from $1.12 billion a year earlier.
May 5- Video game publisher Electronic Arts Inc, known for titles such as "FIFA" and "Madden NFL", posted a 5.5 percent rise in quarterly revenue, helped by growth in its digital business, which includes software distributed through direct downloads. EA's net income rose to $395 million, or $1.19 per share, for the fourth quarter ended March 31, from $367 million, or $1.15...
TOKYO, April 25- Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen, or four times its previous estimate, the Nikkei reported on Saturday. Expectations for higher sales of display sensors used in mobile phones and the Playstation gaming console were the reason Sony raised its forecast, the...
Colin Grant, CEO & co-founder of Pure Group, says the company's 270-degree immersive fitness class embodies a "sweet spot where fitness, entertainment and technology" meet.
CNBC's Courtney Reagan reports on the new Guitar Hero game launching a comeback tour.
BTIG analyst previously called for the removal of Zynga CEO Don Mattrick, but he's not too pleased with the return of founder Mark Pincus.
In 2010, Spanish soccer star Gerard Pique helped the Spanish national team land the country's first World Cup title. Now Piqué is looking to conquer his next, albeit slightly geekier, challenge: Video games.
Fantasy gaming site DraftKings gets a big financial boost from an unlikely source. CNBC's Dominic Chu reports.