Nintendo Cuts Estimates After Weak Market Performance
After some destructive results in the marketplace, Nintendo announced today that profit estimates have come way down from where they were at the beginning of the fiscal year. Original projections had the house of Mario looking ...
GameStop Suffers Losses Despite Strong Hardware Sales this Holiday
GameStop (GME), after enjoying a recent 96% stock increase, is suffering from a drop in value after lower than expected holiday sales. The company announced today that while software for the recently launched PS4 and Xbox One p...
PS4 Sold At A Loss At Launch But Can Bounce Back
In an interview with Eurogamer, Sony Japan executive Masayasu Ito made a comment stating that the PS4 will initially launch at a loss, but can gain profit when players purchase at least one game and a PlayStation Plus subscript...
