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Bungie Looks Like The Pixar Of Game Development
Wednesday, June 18, 2014 - 10:17am | 552Is Bungie, the creator of the Halo franchise, on par with Pixar? The two companies may not appear to be related, but they are similar in a handful of ways. Both studios have produced a billion-dollar franchise (Pixar's Toy Story and Bungie's Halo). Both studios were once owned by massive...
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Will Destiny Be The Biggest Game Launch In History?
Tuesday, June 17, 2014 - 4:54pm | 538Activision (NASDAQ: ATVI) could set a new industry record by teaming up with Bungie, the creator of the Halo franchise. Bungie is one of the most respected developers within the video game industry. The company was once owned by Microsoft, which used the Halo franchise to launch and promote the...
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Weekly Highlights: Apple's Rumored $3.2 Billion Beats Deal, Netflix Price Hike And More
Saturday, May 10, 2014 - 4:11pm | 225This week ended with a shocker: Apple (NASDAQ: AAPL) could buy Beats Electronics for $3.2 billion. Investors might remember that this is the same price that Google (NASDAQ: GOOG) paid for Nest. Elsewhere, famed VC Fred Wilson gave his prediction for which companies will rule technology. Apple...
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Why Is Activision Spending $500 Million On One Game?
Wednesday, May 7, 2014 - 12:32pm | 591Activision (NASDAQ: ATVI) is planning to spend a colossal amount of money on just one video game. According to Reuters, the company -- which is famous for producing the Call of Duty franchise -- could spend as much as $500 million on Destiny. Set for release on September 9, 2014, Destiny is...
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Activision Jumps After Q4 Results
Thursday, February 6, 2014 - 6:04pm | 220Activision (NASDAQ: ATVI) is up more than seven percent in after hours trading after the company announced its fourth quarter results. The Call of Duty publisher reported a Q4 EPS of $0.79 versus the Street estimate of $0.73. Earnings per share were up one percent from the year-ago period....
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Sony's $399 PlayStation 4 Costs $381 To Produce
Tuesday, November 19, 2013 - 4:10pm | 793Sony (NYSE: SNE) and most manufacturers typically produce game consoles at a loss until, but PlayStation 4 may already be profitable. According to AllThingsD, which got an early look at the PlayStation 4 teardown from IHS (NYSE: IHS), Sony spends $381 on every unit. The console retails for $399,...
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SLIDESHOW: Larger iPad, iPad Mini Delay And More From The First Week Of November
Sunday, November 10, 2013 - 1:41pm | 188Is it possible for one product to control the week's biggest headlines? If any, some might expect it to be the iPhone. But this week Apple (NASDAQ: AAPL) proved that another one of its products -- the iPad -- can dominate the media unlike any other. There were so many iPad-related stories that...
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Activision Rises Slightly After Q3 Results, Big Call of Duty Sales (ATVI)
Wednesday, November 6, 2013 - 5:48pm | 382Activision's (NASDAQ: ATVI) Call of Duty: Ghosts has provided the company with another billion dollars in revenue. This news came just before Activision announced its "better-than-expected" third-quarter results. The firm, which is best known for the Call of Duty and Skylanders franchises -- and...
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SLIDESHOW: iPad Mini 2 Delay, Leaked iPad 5 Video And More From The First Week Of October
Saturday, October 5, 2013 - 10:47am | 209Apple (NASDAQ: AAPL) may have had a good week or a bad week, depending on the rumors investors choose to believe. One rumor claimed that the company either delayed the iPad Mini 2 or that device quantities will be very limited when the unit ships. Another rumor showed the potential of a...
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Activision Seeks Independence From Vivendi In $8.17 Billion Buyout
Tuesday, October 1, 2013 - 11:17am | 480Activision Blizzard (NASDAQ: ATVI), the company behind Call of Duty, Skylanders and the ill-fated Guitar Hero franchise, is seeking independence from Vivendi (OTC: VIVHY). The company had hoped to buy back roughly 429 million shares -- worth $5.83 billion -- from Vivendi earlier this year....
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PlayStation 4 Software Pre-Orders Top Xbox One By 55% (SNE, MSFT)
Friday, September 27, 2013 - 2:26pm | 534Domestic software pre-orders for Sony's (NYSE: SNE) PlayStation 4 are 55 percent higher than the software pre-orders for Microsoft's (NASDAQ: MSFT) Xbox One. According to the latest United States pre-order data from VGChartz, consumers have pre-ordered a combined total of 834,242 games for Xbox...
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Video Game Sales Rise Ahead Of PlayStation 4, Xbox One Release
Friday, September 13, 2013 - 2:04pm | 761After two years of declines, the video game industry is beginning to rebound. According to The Wall Street Journal, sales of new hardware (consoles like Xbox 360 and handhelds like Nintendo 3DS), new software and accessories have risen one percent in the United States. The collective sales of...
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PlayStation 3 and Xbox 360 to Receive Price Cut Ahead of Next-Gen
Thursday, May 30, 2013 - 11:30am | 691Now that Sony's (NYSE: SNE) PlayStation 4 and Microsoft's (NASDAQ: MSFT) Xbox One have been announced, the two companies are gearing up for the end of a very long console cycle. Microsoft's last console, Xbox 360, was released in 2005 and PlayStation 3 came out a year after that. Both machines...
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Samsung's New Tech is 133 Times Faster than 4G
Monday, May 13, 2013 - 1:17pm | 476Don't get too excited -- it's seven years away. Samsung is testing a new high-speed mobile Internet technology that will blow the lid off 4G and allow users to download full HD films in a couple of seconds. According to an AppleInsider translation of a Yonhap News piece, Samsung has created a 5G...
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Should Game Makers Worry About the Shift to Non-Gaming Entertainment?
Sunday, April 28, 2013 - 9:56am | 956In 2012, Yusuf Mehdi -- the man in charge of Microsoft's (NASDAQ: MSFT) interactive entertainment business -- told the Los Angeles Times that the average Xbox-owning household spends an average of 84 hours a month using Xbox Live. While gaming continues to be a popular draw for the console, it has...