Gaming Consoles

Japanese video gaming company Nintendo Co (OTC: NTDOY) on Monday denied reports that claimed profit margins of the new Switch OLED model would be higher compared with the current version, which is about $50 cheaper. What Happened: Nintendo said in a tweet that the recently announced Nintendo Switch...

The announcement of the marriage between two celebrities in Japan has been termed as “Nintendo Marriage” on social media as both appeared in advertisements of Nintendo Co. Ltd (OTC: NTDOY), reported Kotaku Wednesday. What Happened: The marriage between actor and musician Gen Hoshino and...

Rumors are rife that Apple Inc (NASDAQ: AAPL) is working on a hybrid console akin to Nintendo Co Ltd (OTC: NTDOY)-manufactured Switch. What Happened: The rumors of a Switch-like console have their origins in South Korea — specifically the online forum Clien, Nintendo Life reported Tuesday,...

Sony Group Corp.’s (NYSE: SONY) next-gen gaming console, the PlayStation 5, will launch in Mainland China on May 15 this year, Niko Partners analyst Daniel Ahmad said Wednesday. What Happened: Ahmad said on Twitter that the disc version of PlayStation will be priced at RMB 3,899 ($612)...

Qualcomm, Inc (NASDAQ: QCOM) is building a handheld gaming console that resembles a Nintendo Co, Ltd (OTC: NTDOY) Switch, the Verge reported Tuesday, citing multiple reports.  What Happened: The device will be powered by Qualcomm’s chips and will be based on the Android mobile...

Nintendo Co. Ltd (OTC: NTDOY) is planning to reveal a Switch console with a larger Samsung OLED display in 2021 in the hopes the move would boost holiday sales, Bloomberg reported Wednesday. What Happened: Samsung will begin mass production of the 7-inch, 720p-resolution OLED panels as early as...

Sony Corporation (NYSE: SNE) shipped 4.5 million units of its PlayStation 5 consoles worldwide in 2020, according to the latest earnings report for the quarter ended Dec. 31. What Happened: Ahead of the launch of PlayStation 5 in November this year, the demand for the console’s predecessor...

Microsoft Corporation (NASDAQ: MSFT) issued an apology for hiking the price of its Xbox Live Gold subscription service and said it was reversing its decision. What Happened: The Redmond, Washington-based tech giant had last week announced a $1 price hike for a one month Gold membership and a $5...

Sony Corporation (NYSE: SNE) said its newest PlayStation 5 console would be available in India in early February. What Happened: Sony’s India unit announced on Twitter that the consoles can be pre-ordered beginning Jan. 12 at retailers such as Amazon.com, Inc (NASDAQ: AMZN), Walmart Inc (NYSE...

Restocking of Sony Corporation (NYSE: SNE) and Microsoft Corporation’s (NASDAQ: MSFT) PlayStation 5 and latest Xbox consoles left Gamestop Corporation’s (NYSE: GME) employees surprised, Bloomberg reported Monday. What Happened: The employees were given little notice of the...

PlayStation 5 and the latest Xbox consoles are fetching a premium on resale on eBay Inc (NASDAQ: EBAY), in excess of double their retail price, according to the Verge columnist Sean Hollister.  What Happened: Hollister said he averaged the final sales price of a hundred PS5s — which...

Supply woes faced by Microsoft Corporation (NASDAQ: MSFT) and Sony Corporation (NYSE: SNE), which have led to a scarcity of their newly launched consoles tanked sales of digital games, by 10% in the period between Black Friday and Cyber Monday, according to game research provider SuperData. What...

Sony Corporation’s (NYSE: SNE) PlayStation 5 has two new endorsers — Rick Sanchez and Mory Smith of the "Rick and Morty" fame. What Happened: The animated characters from the adult-themed television show bring their characteristic style of humor in a commercial for Sony’...

Sony Corporation (NYSE: SNE) and Microsoft Corporation’s (NASDAQ: MSFT) new consoles have failed to rack up sales numbers in Japan achieved by their predecessors on account of supply constraints, Bloomberg reported Wednesday. What Happened: Sony reportedly sold 118,085 PlayStation 5 units...

Sony Corporation’s (NYSE: SNE) PlayStation 5 and Microsoft Corporation’s (NASDAQ: MSFT) Xbox consoles released this month are following different strategies to vie for the attention of gamers and generate revenue — and the latter might just have an edge over the former, according...