NEW YORK— Shares of GameStop skidded Friday after the video game retailer reported strong second-quarter results but gave a forecast that disappointed Wall Street. GameStop said sales of downloadable content for "Batman: Arkham Night" and "Witcher 3" powered its results, and the company's adjusted profit and revenue came in above Wall Street estimates.» Read More
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...
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Robert Lloyd, GameStop CFO, provides an outlook on hardware sales. We see a lot of growth coming in Xbox One and PlayStation 4 software - greater than 50-percent in the next year, says Lloyd.
*Expects 2015 profit of $3.60- $3.80/ share vs est $4.04/ share. *Expects strong dollar to hit 2015 profit by 6- 9 cents per share. March 26- GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.
Sony has unveiled its PlayStation Vue streaming video service, announcing pricing, and its three-city launch: New York, Philadelphia and Chicago, for PS3 and PS4 users.
March 18- Microsoft Corp must face class action claims by Xbox 360 owners who say the video game console has a design defect that causes game discs to be gouged, a federal appeals court ruled on Wednesday. Microsoft has sold tens of millions of Xbox 360 consoles since their Nov. 2005 launch. Microsoft countered that class certification was improper because just...
Sony has unveiled its PlayStation Vue streaming video service, announcing pricing, and launching in three cities.
SONY'S PLAYSTATION VUE ONLINE TV SERVICE LAUNCHES AT $50 A. NEW YORK, March 18- Sony Corp on Wednesday launched its PlayStation Vue Web video service in three cities, targeting customers looking for cheaper alternatives to cable with packages starting at $50. Sony's service will have more than 85 channels, including programming from three major networks, CBS,...