US video game retail sales tumble 29 percent in July, says market researcher NPD Group

July 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.

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Electronic Arts CEO John Riccitiello talks about possible console price cuts

On 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.

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Sony reports $391 million quarterly loss, keeps forecast for more red ink

Sony quarterly loss $391 mln, expects more red ink

TOKYO — Sony Corp. stuck to a forecast for big full year losses, citing falling gadget prices and a shaky global recovery, even as it posted less-dismal-than-expected results for the fiscal first quarter.

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Sony still struggling to regain electronics glamour after first annual loss in 14 years

Sony still struggling after first loss in 14 years

TOKYO — Japanese electronics and entertainment company Sony Corp. reports its fiscal first quarter earnings on Thursday. The following is a summary of key developments and analyst opinion related to the period.

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Squeezed by recession, video game sales drop for fourth straight month in June

June video game sales drop sharply

NEW YORK — Squeezed by the economic downturn, U.S. retail sales of video games dropped sharply in June.

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Sony struggles to recapture creative glamour of pioneering Walkman of 30 years ago

Sony struggling as Walkman hits 30th anniversary

TOKYO — When the Sony Walkman went on sale 30 years ago, it was shown off by a skateboarder to illustrate how the portable cassette-tape player delivered music on-the-go — a totally innovative idea back in 1979.

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US video game sales slide 23 percent in May for third straight month of declines

US video game sales slide 23 pct in May

LOS ANGELES — Market researcher NPD Group says U.S. video gamers spent less on games, hardware and accessories in May compared with a year ago.

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Microsoft, Sony take aim at gaming leader Nintendo at Electronic Entertainment Expo

Microsoft, Sony take aim at Nintendo during E3

LOS ANGELES — Both Microsoft and Sony debuted prototype motion controllers for the Xbox 360 and PlayStation 3 at the Electronic Entertainment Expo, while the only gadget that gaming leader Nintendo unveiled was a device that Wii users can use to check their pulse.

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Sony shows off wand-shaped motion controller at E3

Sony shows off motion controller at E3

LOS ANGELES — Sony has conjured a new controller at the Electronic Entertainment Expo.

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Born in the USSR, ‘Tetris’ cements its place as a video game legend, 4 blocks at a time

At 25, ‘Tetris’ drops into place as gaming icon

NEW YORK — With its scratches and sticky brown beer stains, the “Tetris” arcade machine near the back of a Brooklyn bar called Barcade has seen better days. Which makes sense, given that the machine was made in the 1980s.

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