Nintendo reports loss, blames slow 3DS sales
There's a clear reason why Nintendo do drastically dropped the price of the Nintendo 3DS. It, simply put, has not been performing well. According to analysts, the price drop will mean that Nintendo will incur a loss on every glasses-free 3D system sold.
READ MORE >Saint's Row: The Third plan includes 'nearly a year' of DLC
During an investor relations call, THQ chief executive Brian Farrell stated that the publisher is looking to increase post-launch revenues for its core titles by 20 percent, beginning with Saint's Row: The Third.
READ MORE >"So.....you can save money by buying the game all at once upfront.... Are we back where we ..."
see all 12 commentsStar Wars: The Old Republic breaks pre-order record, EA sales reveal
EA is the "#1 publisher in Western markets," according to its latest quarterly financials. Portal 2, Dragon Age 2, and Crysis 2 all broke two million sales, while pre-orders for upcoming titles--specifically Battlefield 3 and The Old Republic--are beating
READ MORE >"I know, you would think with Valve's reach and money they can be their own publishers, or ..."
see all 37 commentsXbox and Kinect help drive 'record' revenue for Microsoft
Microsoft released its annual fiscal report today, and things are looking quite rosy for the Redmond-based computer giant. Part of the company's growth came from a massive turnaround in the Entertainment & Devices Division, responsible for Xbox and Kinect
READ MORE >"I bought an original, then a slim Halo edition, and now I am eyeing the Star Wars edition. "
see all 3 commentsCall of Duty: Black Ops 'best-selling' game of all time
Activision Blizzard has revealed that Call of Duty: Black Ops now holds the distinction of "best-selling game of all time" in the U.S. and Europe.
READ MORE >"I plead guilty :( I really liked MW1, absolutely hated WaW (never even finished), kinda went ..."
see all 30 commentsEA closes gap on year-end losses, sees substantial growth in Q4 FY11
EA has released its quarterly results and 2011 fiscal year report, showing an increase in both net income and revenue for the quarter and a less significant loss than the company suffered a year ago.
READ MORE >Sony's PlayStation Group Posts Operating Income Jump of 135% During Third-Quarter
Now would be a good time to stand behind a Sony executive within the Networked Products and Services group with a net out, as operating income is...
READ MORE >"Amazing what happens when your console is actualy profitable. "
Add a commentNintendo's Net Income Down 74%; Wii and DS See Sharp Decline
It's almost customary that when one company announces something shiny and new, its competition does something to extract all of the positive...
READ MORE >"Uh, you don't care about sales but say the bottom line is that no new customers will buy a Wii? ..."
see all 36 commentsSony Sees Overall Growth Versus Last Year's Losses; PSP Sales See Dramatic Decline
Sony Corporation has issued its earnings report for the second quarter of fiscal year 2010, revealing that the company's "Networked Products and...
READ MORE >"According to numbers compiled based on figures submitted by Sony for their fiscal year reviews, ..."
see all 3 commentsNintendo Reports Losses in First-Half of Fiscal Year 2011; Exchange Rates the Biggest Culprit
Would you be shocked if you heard that Nintendo reported a loss for the first-half of the fiscal year? I mean, this is the company that...
READ MORE >"As long as humans keep reproducing, there is an infinite amount of children coming down the line ..."
see all 7 commentsSony PlayStation Hardware and Software Sales Increase, Division Still Operating at a Loss
Sony closed its first quarter of the fiscal year (ending June 30, 2010) with a strong increase over the ¥37.1 billion loss ($426M) it saw...
READ MORE >"MS got something right by having a button for the demo version of every XBL game right next to ..."
see all 14 commentsNintendo Reports Sales Down 25%, Net Loss; 3DS Release Date Announcement Announced
Nintendo's fiscal year has gotten off to a poor start as the the friendly video games giant reports its sales were down 25% between April 1 and...
READ MORE >"Its all about the money baby - they need something to cushion the blow"
see all 29 commentsCapcom Reports 73% Drop in Profits Last Year
Capcom's annual financial results reveal the developer and publisher's profits dropped 73.1%--2,167 million Yen, or $23.5 million US--in the past...
READ MORE >"Am I mistaken, or did they just blame the Swine Flu for lack of sales? lol, wut?"
see all 31 commentsGameStop: Wii Shortages to Continue for Six Months, PS3 and Xbox 360 Price Cuts Expected
GameStop COO Dan DeMatteo anticipates shortages of the Nintendo Wii to continue for at least six months, MCV reports. Speaking on an investor's...
READ MORE >"You would think if there was a real shortage of Wiis then the prices on eBay would be above ..."
see all 40 commentsGameStop Posts Substantial Sales Jump in FY2007, Named World's Fastest Growing Retailer
Video games retailer GameStop saw a 33% sales increase to a record $7.1 billion in the company's 2007 fiscal year, Gamasutra reports. Officials...
READ MORE >"I have happily stopped visiting these depressing types of stores almost 10 years ago by now to ..."
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"I agree. If they'd have launched with Mario Kart I'd already have one."
- rubicant see all 29 comments