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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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PlayStation Vue Vs. Sling TV: A Breakdown
Monday, March 23, 2015 - 4:44pm | 548Editor's note: A previous version of this article incorrectly suggested Sling TV is a Microsoft service. Sling TV recently became available on Microsoft's Xbox One, and is available on Amazon Fire TV, Amazon Fire TV Stick, current-generation Roku players, Roku TV models, Android, iOS, Mac and PC...
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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...
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Will NVIDIA's Tegra X1 Dethrone The PlayStation 4 And Xbox One?
Tuesday, January 6, 2015 - 10:29am | 483In 2014, NVIDIA Corporation (NASDAQ: NVDA) told the world that it had built a chip that could bring Xbox One-quality graphics to a mobile device. Now the company is repeating that message with the all-new Tegra X1. It might sound impressive on paper and perform well in demo form, but is this...
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Is Xbox One Really Beating PlayStation 4?
Tuesday, December 16, 2014 - 12:30pm | 486Microsoft Corporation (NASDAQ: MSFT) celebrated a major victory in November after NPD announced that Xbox One had sold 1.2 million units. Curiously, no specific sales figures were provided for PlayStation 4, but Sony Corp (NYSE: SNE) was thought to have sold between 750,000 and 800,000 units...
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PlayStation 4 Vs. Xbox One: Will Price Cuts Have An Impact This Holiday?
Wednesday, November 12, 2014 - 1:43pm | 638Sony Corp's (NYSE: SNE) PlayStation 4 has dominated the market since it was released in November 2013. The console reached a new milestone in August after Sony announced that it had sold more than 10 million units. According to GameSpot, Microsoft Corporation (NASDAQ: MSFT) posted a blog...
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Brean Capital Previews Video Game Publishers: Electronic Arts, Take-Two Interactive And Activision Blizzard
Monday, October 27, 2014 - 11:28am | 605Todd Mitchell of Brean Capital previewed the major video game publishers, including Activision Blizzard, Inc. (NASDAQ: ATVI), Electronic Arts Inc. (NYSE: EA) and Take-Two Interactive Software, Inc. (NASDAQ: TTWO) ahead of third quarter results. Industry Wide View Positive Mitchell believes...
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Will Microsoft Release An Apple Watch Competitor In 2015?
Wednesday, October 22, 2014 - 1:22pm | 566Microsoft Corporation (NASDAQ: MSFT) is rumored to be developing a smartwatch. The device is expected to have more than two days of battery life and could be unveiled before the end of the year. Not much else is known about Microsoft's plans, but a previous report claimed that the company...
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3 Reasons Not To Count Out Nintendo & The Wii U
Wednesday, August 6, 2014 - 12:54pm | 724Nintendo (OTC: NTDOY) enjoyed a nice sales boost during June quarter, moving 510,000 units of its latest console. During the year-ago period, Nintendo sold just 160,000 units. Despite the gains, Nintendo has only sold a total of 6.68 million Wii U units since the console was released in...
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Can New Hardware Save GameStop?
Tuesday, August 5, 2014 - 2:33pm | 746Benchmark analyst Michael Hickey recently predicted that digital downloads could replace physical game discs within the next five years. That may be good news for publishers that want to sell directly to consumers, but it could be the beginning of the end for GameStop (NYSE: GME). Could new...
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Don't Expect A New Nintendo Console Before 2018
Wednesday, July 30, 2014 - 1:28pm | 564Longer lifecycles could keep Nintendo (OTC: NTDOY) from releasing a new console in the near future. Up until recently, the Mario maker released a new TV-connected game machine every five years. This tradition ended with Wii U, which arrived in 2012 -- a full six years after the original Wii...
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3 Reasons Video Game Sales Will Decline In 2019
Friday, July 25, 2014 - 4:11pm | 979Domestic video game sales increased in May and June, but the upward trend could come to an end in 2019. Eva Hunyadi, a research analyst at Juniper Research, recently authored a report about the future of video games. While Hunyadi is optimistic about present-day sales, she is concerned about...
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Top 4 Video Game Brands: Holiday 2013 Vs. 1H 2014
Tuesday, July 8, 2014 - 11:46am | 196Sony (NYSE: SNE) led the pack last Christmas, but iSpot data shows that another company persevered in 2014. "When you're talking about gaming, there's definitely the overall trend of the casual game companies getting more and more into the game and upping their spend on TV," Sean Muller, co-founder...
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Xbox, PlayStation TV Ad Spending Could Reach $125 Million In 2014
Tuesday, July 1, 2014 - 11:40am | 535Sony (NYSE: SNE) and Microsoft (NASDAQ: MSFT) are likely to spend more money promoting their new game consoles in 2014. For the first five months of the year, Sony dominated the airwaves, spending $59 million to advertise the PlayStation brand across 24 different TV networks. Microsoft spent $...