All Posts Tagged With: "SNE"

(TTWO) Video Game Sales Plunge in April

Video game retail sales plunged in Apr 2013. According to market research firm NPD, sales decreased 25.0% to $495.2 million from $630.0 million reported in Apr 2012. However, sales in dollar terms were almost half from $992.5 million reported in March and declined massively from $810.0 million reported...

1Sep2013 | | Comments Off | Continued

(GOOG) Google to Stream Music for a Price

Reportedly, Google Inc. (GOOG), the world’s most popular Internet search engine provider, plans to launch a subscription-based music streaming service to challenge companies such as Spotify Ltd. that offer a similar kind of...

23May2013 | | Comments Off | Continued

(AMZN) Amazon.com Expands Hardware Range

E-commerce giant Amazon.com, Inc. (AMZN) intends to manufacture a television set-top box (STB) to stream video content, according to Bloomberg. Amazon’s set-top box will feature Amazon’s online video offerings,...

16May2013 | | Comments Off | Continued

(AMD) Advanced Micro Devices’ First Quarter Loss Narrower than Expected

Advanced Micro Devices (AMD) reported a loss of 13 cents per share for the first quarter of 2013, better than the Zacks Consensus Estimate 17 cents loss per share owing to solid execution and cost control management. Revenues AMD...

21Apr2013 | | Comments Off | Continued

(MSFT) Electronic Arts Downsizes Montreal Studio

Reportedly, Electronic Arts (EA) is downsizing its Montreal game studio. The downsizing comes on the heels of the sudden resignation of its chief executive officer (“CEO”) John Riccitiello on Mar 30, 2013. The...

18Apr2013 | | Comments Off | Continued

(AAPL) Apple Receives Favorable International Trade Commission Ruling

Apple (AAPL) has reportedly received a favorable preliminary ruling from the International Trade Commission (“ITC”) in a patent infringement case against Samsung. The ITC ruled that Samsung has infringed Apple’s patents...

18Apr2013 | | Comments Off | Continued

(SNE) Is the Game Console Market Shrinking?

A new report from market research firm NPD shows that only 29% of “core gamers” will purchase the next generation of gaming consoles right after they are released. The report, named “Core Gaming 2013,” defines “core gamers” as those who spend more than five hours a week playing games and...

15Mar2013 | | Comments Off | Continued

(NFLX) Netflix Signs New Content Deal With Turner Broadcasting System and Warner Brothers Television Group

Video streaming services provider Netflix (NFLX) recently signed a new content deal with Turner Broadcasting System and The Warner Bros. Television Group (“WBTVG”), both divisions of Time Warner (TWX). The...

16Jan2013 | | Comments Off | Continued

(DLR) Digital Realty Trust Expands in Australia

In order to expand its Australian footprints, Digital Realty Trust Inc. (DLR) recently acquired an established data center in Macquarie Park, New South Wales for AU$11.75 million. The inclusion of this high-quality...

16Jan2013 | | Comments Off | Continued

(WMT) Wal-Mart to Expand Digital Service

Retail giant Wal-Mart Stores Inc. (WMT) has announced its decision to expand its Disc-to-Digital service, an in-store service to allow consumers to access the digital versions of DVDs and Blu-ray discs containing their favorite movies....

8Jan2013 | | Comments Off | Continued

(BRCM) Broadcom Reiterated at Neutral

We recently reiterated our Neutral recommendation on leading chipmaker Broadcom Corporation (BRCM). The company recently updated its guidance, raising the lower end of its revenue guidance. Amid a weak macro environment,...

16Dec2012 | | Comments Off | Continued

(AMD) Advanced Micro Devices Wins HD GPU Inclusion for Nintendo’s Wii U

Advanced Micro Devices Inc. (AMD) announced that it is supplying custom AMD Radeon HD GPUs to Nintendo‘s (NTDOY) newly-launched Wii U home consoles. This custom...

23Nov2012 | | Comments Off | Continued

(AMZN) Amazon.com Swings to Third Quarter Loss

Amazon.com’s (AMZN) third quarter loss of 60 cents came in 52 cents higher than the Zacks Consensus Estimate. Around 37 cents related to its share of losses in LivingSocial. Similar to the technology companies Intel...

3Nov2012 | | Comments Off | Continued

(C) Regulatory Nod for Citigroup-Universal Music Group Deal

On Friday, the deal between Citigroup Inc. (C) and Universal Music Group (UMG) received approval from the European Union (EU), after Vivendi’s UMG agreed to sell the global rights of British Music Company, EMI Group Ltd.’s most important...

9Oct2012 | | Comments Off | Continued

(RIMM) Research in Motion Limited Inks Patent Deal with Microsoft

Struggling smartphone manufacturer Research in Motion Limited (RIMM) has signed a licensing deal with the world’s largest software manufacturer Microsoft Corporation (MSFT)...

9Oct2012 | | Comments Off | Continued

(AMZN) Amazon.com Launches iPad Video App

Amazon.com Inc. (AMZN) has recently launched an iPad app for its Instant Video streaming service, allowing customers to enjoy films and TV shows on their iPad. The free app also allows Amazon Prime members to use their membership...

21Aug2012 | | Comments Off | Continued

(NFLX) Netflix’s “Just for Kids” on Xbox

Streaming services provider, Netflix Inc. (NFLX) recently announced the availability of its “Just for Kids” category on Microsoft’s (MSFT)...

14Aug2012 | | Comments Off | Continued

(HAR) Harman International Industries to Expand in India

Harman International Industries Inc. (HAR) has agreed to acquire Bangalore (India)-based company Interchain Solution, which offers products and technology solutions for automotive infotainment and telematics. The terms of the deal...

13Aug2012 | | Comments Off | Continued

(MSFT) Electronic Arts Unveils Need For Speed Bonus Packs

Electronic Arts Inc. (EA) recently unveiled a new limited edition of its upcoming racing game Need For Speed: Most Wanted. Players pre-ordering the game will be eligible for a free upgrade to the limited edition. The...

17Jul2012 | | Comments Off | Continued

(CEA) Semiconductor Update & Stock Review – Industry Outlook

The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we communicate...

29Jan2012 | | 0 comments | Continued

(ATVI) Gloomy Year for Video Games

Robust holiday sales were always expected to lift domestic video game sales, but it could only improve performance on a sequential basis. U.S. video game sales were up 36% sequentially in the month of December, as new versions of some famous franchises and positive consumer spending joined hands to...

13Jan2012 | | 0 comments | Continued

(ATVI) Video Games Out of Summer Slump

Buoyed by the pre-holiday season rush and strong sales performance of the newly released games, the video games industry recorded growth in the month of November 2011. According to the NPD Group, the video games industry logged revenues of $2.93 billion in November, significantly higher than the $1.05...

15Dec2011 | | 0 comments | Continued

(OVTI) OmniVision Technologies Sinks on Dismal Outlook

OmniVision Technologies’ (OVTI) earnings of 25 cents for the fiscal second quarter (ending October 2011) were in line with the Zacks Consensus Estimate. Shares plunged 11.53% regardless, as earnings were significantly...

1Dec2011 | | 0 comments | Continued

(ATVI) Activision Blizzard Unveils Two New Games

As competition heats up in the pre-holiday season sales, video game publisher, Activision Blizzard Inc. (ATVI) recently came out with two new adventure games back-to-back, namely Survival: Shadows of Katmai in partnership...

6Nov2011 | | 0 comments | Continued

(CLWR) Company News for October 10, 2011 – Corporate Summary

•    Sprint Nextel Corp. (NYSE:S) announced that it will cease selling phones and devices that are compatible with Clearwire Corporation’s (NASDAQ:CLWR) network at the end of this year •   ...

10Oct2011 | | 0 comments | Continued

(DTSI) DTS Incorporated Announces Partnership With Interra

DTS Inc. (DTSI) recently announced that it has entered into a partnership with Interra Systems. Under the terms of the partnership, DTS will integrate its high-definition audio codec support into Interra’s digital...

20Sep2011 | | 0 comments | Continued

(ERTS) Electronic Arts Releases NHL12

Video game developer and publisher, Electronic Arts Inc. (ERTS), popularly known as EA, recently launched its latest game NHL 12 in retail stores across North America. NHL 12 is available exclusively...

20Sep2011 | | 0 comments | Continued

(ATVI) Activision Blizzard to Unravel Bond 007

From November 1, 2011, ‘espionage’ is set to be redefined when Activision Blizzard Inc. (ATVI) releases its latest James Bond game GoldenEye 007: Reloaded and GoldenEye 007: Reloaded Double ‘O’ Edition....

20Sep2011 | | 0 comments | Continued

(NFLX) Netflix Lowers Subscriber Forecast

Netflix Inc.’s (NFLX) shares plummeted almost 19% in yesterday’s trade after the company cut down on the projected subscriber base for its third quarter of fiscal 2011. Estimates for the total subscriber base declined by a million. The...

20Sep2011 | | 0 comments | Continued

(ERTS) Electronic Arts Set to Revive Syndicate

Video game developer and publisher, Electronic Arts Inc (ERTS), popularly known as EA, recently unveiled the first-person shooter franchisee Syndicate. This is a remake of the original game by Bullfrog productions,...

20Sep2011 | | 0 comments | Continued