Sales of software titles are down 8 percent year to date—a shortfall of more than $200 million, according to the most recent numbers from the NPD Group, which tracks video game purchases.
After a disappointing 2009, software sales are down 8 percent so far this year but the numbers should begin to rebound. Here are the best-selling video games of 2010.
Big news from Take Two Interactive—it's sold five million copies of "Red Dead Redemption" since its May 18 debut. This blows away all projections: analysts expected the company to sell some three million copies in the entire quarter and up to five million copies for the rest of the fiscal year.
This is a live blog of the annual Apple Worldwide Developers Conference at Moscone West in San Francisco, California.
A week ahead of the World Cup, "FIFA Superstars" launches on Facebook, where more than 200 million people play games every month.
If the video game world were following its normal cycle, console makers would be revealing details of their next generation systems in less than two weeks. This cycle is anything but normal, though – and so at this year’s Electronic Entertainment Expo (E3), game makers will instead chart a new path.
As Europe struggles to contain financial woes, will the uncertainty force Corporate America to broadly reduce earnings estimates?
If there’s one truth in the videogame world, it’s this: Never bet against the sales success of a new “Halo” or “Grand Theft Auto”. But as Microsoft prepares to launch “Halo: Reach” this fall, early evidence indicates people may not be betting heavily enough.
Stalled by the recession and companies who were initially hesitant to sink part of their advertising budgets into an untested medium, in-game advertising is coming of age—and it could finally live up to its potential as a significant revenue generator.
Expect wild volatility in European markets Friday, as the Continent awaits the German vote on euro-zone bailout package.
Video game sales may have plummeted 26 percent in April, but now there's hope that a new game will get the industry moving. "Red Dead Redemption" goes on sale today, and based on rave reviews and some anecdotal reports of huge lines outside Game Stop stores, this game could be a blockbuster.
The Dow ended sharply lower Friday as growing worries about Europe overshadowed encouraging economic data. Still, the blue-chip index ended up 2.3 percent for the week.
Stocks fell heavily Friday as worries over the growing European debt crisis trumped some encouraging U.S. economic data. Financials, materials and techs were the biggest decliners.
Sales of video game software and hardware plummeted in April, shocking industry observers who were expecting the numbers to be slightly positive or, worst case, just down slightly. That could mean a rough Friday for video game stocks.
Online PC game distribution is making major money for Valve Software, but now some big gaming outfits may want a piece of the action.
What follows is a roundup of corporate earnings reports for Friday, May 7 .
Stocks staged one of the most dramatic selloffs in market history Thursday as what may have been a trader error exacerbated losses in a market already jittery about the European debt crisis. The Dow ended down about 350 points and the VIX was above 34.
What follows is a roundup of corporate earnings reports for Thursday, May 6.
Stocks pared their losses on Wednesday after a weak open, but the market remained skittish after Moody's put Portugal's debt rating on review. Dan Denbow, co-portfolio manager of USAA Precious Metals & Minerals Fund and Jim Meyer, chief investment officer and co-founder of Tower Bridge Advisors shared their insights.
Markets could see a correction in the June to July time frame, said Tobias Levkovich, chief U.S. equity strategist at Citi. He shared his market outlook with investors.