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7 Of The Best Reactions From Wired's Live Blog Of Sony's PS4 Event
Thursday, September 8, 2016 - 8:54am | 430With all the attention on Apple Inc. (NASDAQ: AAPL) and its iPhone 7 launch event, little attention is being paid to Sony Corp (ADR) (NYSE: SNE). The company introduced the new PlayStation 4 Pro and a new, slimmer, lighter updated console device, which maintains the PS4 name at its PS4 event. The...
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PlayStation 4 And Xbox One Are Already Being Replaced? Upgrades For UltraHD/4k TVs
Tuesday, June 28, 2016 - 10:04am | 478On June 10, Sony Corp (ADR) (NYSE: SNE) CEO Andrew House confirmed the successor to the company's widely popular PlayStation 4 in an interview with the Financial Times. Following Sony’s announcement, Phil Spencer, chief executive of Xbox One, announced Microsoft Corporation (NASDAQ: MSFT...
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Sony's 'PlayStation Vue' Begins Nationwide Rollout
Tuesday, March 15, 2016 - 8:52am | 221Sony Corp (ADR) (NYSE: SNE)'s entrance into the cord-cutting movement is continuing its rollout this week as the company's PlayStation Vue streaming service is now available nationwide. On Monday, Sony added 203 markets to the original list of seven, but there's still a twist. Only that core seven...
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Sony Spins Off PlayStation Business Into New Entity
Tuesday, January 26, 2016 - 10:43am | 356Sony Corp (ADR) (NYSE: SNE) announced on Tuesday a major business update affecting its PlayStation segment. Sony stated in a press release it will create a new business named Sony Interactive Entertainment LLC (SIE) that will join the forces of all business units belonging to Sony Computer...
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Video Game Consoles Are Entering Their Sweet Spot: Here's How To Play It
Monday, August 10, 2015 - 10:46am | 404In separate reports published Monday, Piper Jaffray analyst Michael J. Olson said that new generation consoles had been received well and appeared poised to drive sustainable software growth, especially for video game publishers. Olson commented, "We expect that CY15 & CY16 will be the...
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How Virtual Reality Fits Into GameStop's Scheme Of Things
Friday, June 19, 2015 - 12:22pm | 403Virtual reality was undoubtedly the focus at this year’s Electronic Entertainment Expo (E3). Though the industry is in a nascent stage, it has the potential to change the entertainment and gaming space significantly. GameStop Corp. (NYSE: GME) CFO Rob Lloyd was on CNBC Friday to discuss...
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Why Advanced Micro Devices And NVIDIA Are Worth Watching
Monday, June 15, 2015 - 1:54pm | 509NVIDIA Corporation (NASDAQ: NVDA) and Advanced Micro Devices, Inc. (NASDAQ: AMD) are not typically thought of as E3 showstoppers, but they might be worth watching in 2015. "Watch for the hardware, the PC gaming graphics war between NVIDIA and AMD," Patrick Moorhead, president and principal analyst...
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How Sony Could Lose Its Leverage To Microsoft
Monday, June 15, 2015 - 12:20pm | 613Sony Corp (ADR) (NYSE: SNE) and Microsoft Corporation (NASDAQ: MSFT) are gearing up for a week of news from the 2015 Electronic Entertainment Expo. The two industry stalwarts are scheduled to host their annual press conferences later today, and the stakes are higher than ever. "Sony has to be...
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'Fallout 4' Nuke-Sized Expectations: Will Sales Match The Hype?
Wednesday, June 3, 2015 - 12:42pm | 391"Fallout," the post-apocalyptic RPG series, has one of the most fervent and dedicated fan bases in the realm of gaming. It comes to no surprise that as soon as Bethesda on Tuesday released a link with a simple countdown with "Fallout"-like stylings, the Twitterverse was set...
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Xbox One Users Will Be Able To Play 'Star Wars: Battlefront' Before Everyone Else
Tuesday, April 14, 2015 - 3:26pm | 476Electronic Arts Inc. (NASDAQ: EA)'s "Star Wars: Battlefront" is one of the most anticipated game releases for this year, expected for late 2015. It appears that users of Microsoft Corporation (NASDAQ: MSFT)'s Xbox One will be the first ones to test-drive it. According to...
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BlackBerry Could Be An M&A Target For These 10 Companies
Monday, March 30, 2015 - 7:20am | 1501BlackBerry Ltd (NASDAQ: BBRY) proved to be a profitable company in the fourth quarter, with an EPS of $0.05. It's an important step forward for the company, which is in the midst of a turnaround. Now that BlackBerry has returned to profitability (compared to its previous year's position...
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GameStop CFO: Xbox 360, PlayStation 3 Sales Headed For Drop-Off; Xbox One, PlayStation 4 Might Grow
Friday, March 27, 2015 - 3:55pm | 312GameStop Corp. (NYSE: GME) declared worse-than-expected Q4 results Thursday. Revenue of the company declined 6 percent year-over-year to $3.48 billion, while profits rose about 13 percent to $2.15 per share. Robert Lloyd, GameStop CFO, was on CNBC to provide an outlook on games and...
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Piper Jaffray Sees Oculus Rift As a 'Significant Long-Term Opportunity' For Facebook
Friday, March 6, 2015 - 11:31am | 274In a report published Thursday, Piper Jaffray analyst Gene Munster stated that Oculus Rift will provide a "significant long-term (five plus years) opportunity" for Facebook Inc (NASDAQ: FB) given the potential size of the virtual reality opportunity. Munster explained that Oculus Rift has two form...
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Weekly Tech Highlights: New Video Game Consoles Could Struggle In China, Amazon's Bragging Rights And More
Saturday, January 10, 2015 - 2:12pm | 212Apple Inc. (NASDAQ: AAPL) is just a couple weeks away from reporting its fiscal Q1 2015 results. Investors are salivating for the final numbers, which could set the stage for the coming months. Did the tech giant win big during the December quarter? Analysts think the answer is yes. Elsewhere, it...
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IDC Analyst: Combined China Sales Of Xbox One, PS4 'Unlikely' To Cross A Million Units This Year
Friday, January 9, 2015 - 1:19pm | 416With Microsoft Corporation (NASDAQ: MSFT) taking the lead by launching its Xbox One in China, Sony Corp (ADR) (NYSE: SNE) is under the heat to launch the PlayStation 4 as soon as possible. However, the company is yet to come out with a confirm date on when it is going to launch the...