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. 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. 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. Orange County college student arrested, charged with modifying video game consolesOC man charged with modifying video game consoles LOS ANGELES — A Southern California college student has been arrested on federal charges that he illegally modified video game consoles to enable the machines to play pirated video games. Sony reports $391 million quarterly loss, keeps forecast for more red inkSony 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. Sony still struggling to regain electronics glamour after first annual loss in 14 yearsSony 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. Startup Raptr looks to make gaming more social, integrates Facebook, Twitter, chatsSocial network for gamers helps friends play NEW YORK — Raptr, a social network targeting gamers, is hoping to make it easier to see what your friends are currently playing on a broad range of platforms such as the Xbox 360 and personal computers. Squeezed by recession, video game sales drop for fourth straight month in JuneJune video game sales drop sharply NEW YORK — Squeezed by the economic downturn, U.S. retail sales of video games dropped sharply in June. Sony struggles to recapture creative glamour of pioneering Walkman of 30 years agoSony 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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