Video game shares take a hit as PlayStation price cut rumors mount
Sector Snap: Video games take a hit
NEW YORK — Shares of video game companies took a hit Monday, even as rumors mounted about a looming price cut for Sony Corp.’s PlayStation 3.
Video game shares take a hit as PlayStation price cut rumors mountSector Snap: Video games take a hit NEW YORK — Shares of video game companies took a hit Monday, even as rumors mounted about a looming price cut for Sony Corp.’s PlayStation 3. Xbox 360 driving simulator ‘Forza Motorsport 3′ is revving up for October release‘Forza Motorsport 3′ for Xbox 360 is revving up LOS ANGELES — The next installment of Microsoft’s flagship racing franchise won’t offer any clunkers. Investors largely shrug off dismal July video game sales; EA, Activision post modest gainsSector Snap: Stocks shrug off low video game sales NEW YORK — Investors seemed to look past dismal July video game sales on Friday to expectations of a better second half to the year, with shares of game makers holding up despite the fifth straight month of declines. US video game retail sales tumble 29 percent in July, says market researcher NPD GroupJuly video game sales show sharp decline NEW YORK — Hurt by the recession and few hit game launches, U.S. retail sales of video games dropped sharply in July, market researcher NPD Group says. 5 Crazy Horror Games you Dare not Play Alone
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Electronic Arts CEO John Riccitiello talks about possible console price cutsOn the Call: EA CEO John Riccitiello Video game publisher Electronic Arts Inc. posted better-than-expected results for its fiscal first quarter Tuesday, and reaffirmed its adjusted guidance for the full fiscal year. Electronic Arts posts larger 1st-quarter loss, adjusted results beat expectationsEA 1Q loss widens but results surpass expectations NEW YORK — Lower revenue from packaged video games amid a seasonal slump for the industry gave Electronic Arts Inc. a larger net loss in its fiscal first quarter. But investors cheered as its adjusted results soundly surpassed expectations. |