Electronic Arts CEO John Riccitiello talks about possible console price cutsAugust 5th, 2009 On the Call: EA CEO John RiccitielloVideo 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 smaller 4th-quarter loss, lower revenueMay 6th, 2009 Electronic Arts posts smaller 4Q lossNEW YORK — Video game publisher Electronic Arts Inc. posted a smaller net loss Tuesday for its fiscal fourth quarter as the company continued to slash costs in a quarter with fewer hit game launches.
US video game retail sales fall once again in August, says NPDSeptember 11th, 2009 NPD: Video game sales slide again in AugustNEW YORK — Retail sales of video games have declined for six straight months. Analysts are blaming the slow August — which was expected — in part on a disappointing showing from the latest "Madden" title from Electronic Arts.
Vonage gets a cheap-calling app on the iPhone, BlackBerry; undercuts on international callsOctober 5th, 2009 Vonage releases calling app for iPhone, BlackBerryNEW YORK — Vonage, a pioneer in Internet-based phone service, is launching applications for the iPhone and BlackBerry that undercut the international calling rates of major wireless carriers. When the phones are connected to a Wi-Fi hot spot, the calls go over that link, bypassing the wireless carrier entirely.
Video game shares take a hit as PlayStation price cut rumors mountAugust 17th, 2009 Sector Snap: Video games take a hitNEW 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. The shares dropped just a few days after market researcher NPD Group reported a sharp drop in video game retail sales for the month of July.
Squeezed by recession, video game sales drop for fourth straight month in JuneJuly 17th, 2009 June video game sales drop sharplyNEW YORK — Squeezed by the economic downturn, U.S. retail sales of video games dropped sharply in June.
Bismuth-based crystalline material can boost solar cell efficiency, chip designFebruary 21st, 2009 WASHINGTON - Physicists have discovered unusual electronic properties in a material that has potential to improve solar cell efficiency and computer chip design. They determined that a crystal made of bismuth, iron and oxygen can perform an electronic feat typically not feasible with conventional semiconductors.
Electronic Arts posts larger 1st-quarter loss, adjusted results beat expectationsAugust 4th, 2009 EA 1Q loss widens but results surpass expectationsNEW 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.
Celebrate India's Republic Day with made-in-China tricolour gadgetJanuary 23rd, 2009 LUCKNOW - Made-in-China tricolour gadgets that resemble the Indian flag have flooded the electronics market here two days before India celebrates Republic Day. The gadgets are studded with bulbs in saffron, white and green colours, following the pattern of the Indian flag.
Sony cuts PlayStation 3 price around world, offers upgrade, could worsen earnings woesAugust 19th, 2009 Sony cuts PS3 price around world, offers upgradeTOKYO — Sony Corp. slashed the price of the PlayStation 3 around the world in a move that analysts said is likely to boost sales of the game console while not adding much to its money-losing earnings.
Electronic Arts posts smaller 4th-quarter loss despite sales slump as costs declineMay 6th, 2009 EA posts smaller 4Q loss as costs declineNEW YORK — Video game publisher Electronic Arts Inc. posted a smaller net loss Tuesday for its fiscal fourth quarter as it further slashed costs in a quarter that had fewer hit game launches.
Investors largely shrug off dismal July video game sales; EA, Activision post modest gainsAugust 14th, 2009 Sector Snap: Stocks shrug off low video game salesNEW 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. Market researcher NPD Group reported a 29 percent drop in sales of game hardware, software and accessories Thursday, an even steeper decline than analysts were expecting.
US video game retail sales fall 16 percent in August, sixth month of double-digit declineSeptember 11th, 2009 US video game sales slide in August for 6th monthNEW YORK — Video games sales declined in August for the sixth straight month, following what analysts called a disappointing showing from the latest "Madden" game. Nonetheless, game makers are eyeing a stronger September, boosted by the much-hyped launch of "The Beatles: Rock Band" as well as "Guitar Hero 5."
Although the video game industry held out longer than many other sectors in the recession, it began recording double-digit declines in March when compared with the same period in 2008.
Summary Box: Sony cuts price of PlayStation 3 console by $100 ahead of holidaysAugust 19th, 2009 Summary Box: Sony cuts price of PS3 by $100GEARING UP FOR HOLIDAYS: Sony Corp.'s move to cut the price of its PlayStation 3 console by $100 comes well ahead of the holiday season and should boost sales not just for Sony but the video game industry as a whole during this important period. LONG EXPECTED: The 80-gigabyte PS3 will now cost $299 and a slimmer, lighter one is planned for the same price.
Scientists use viruses to make miniature rechargeable batteriesApril 9th, 2009 LONDON - Scientists have used genetically engineered viruses that assemble into electrodes to make complete miniature rechargeable batteries for the first time, which could improve the performance of hybrid electric cars and electronic gadgets. According to a report in New Scientist, the new lithium ion batteries are as powerful as existing devices but smaller and cleaner to make, claim the team behind the work.
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