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Nintendo Expects To Sell 26% More Switch Consoles In 2021 Over Previous Estimate
Thursday, November 5, 2020 - 6:00am | 376Creator of Super Mario franchise Nintendo Co Ltd (OTC: NTDOY) hiked the forecast for Switch handheld consoles in its earnings report. It expects to sell 24 million Switch handheld consoles for the year ending March 2021, 26% higher than the previously projected 19 million units...
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Console Wars Heat Up With PlayStation 5 Price And Games Reveal
Wednesday, September 16, 2020 - 6:21pm | 709Sony Corporation (NYSE: SNE) shared a look at its upcoming PlayStation 5 console and games with a presentation Wednesday. Console Wars: Sony unveiled its PlayStation 5 will cost $499.99 and the PlayStation 5 Digital Edition will cost $399.99. Microsoft Corporation (NASDAQ: MSFT) had previously...
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Video Streaming Is Coming To Nintendo Switch
Thursday, July 27, 2017 - 10:08am | 659The Nintendo Co., Ltd (ADR) (OTCMKTS: NTDOY) Switch has been a huge hit among gamers. However, recent changes Nintendo is making to the device may soon make it a major hit among all cable cord cutters. Up to this point, the Switch has not supported third-party video streaming apps. However, earlier...
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With Netflix-Like Service, Could Video Games Go The Way Of Blu-Rays?
Saturday, May 6, 2017 - 8:58am | 970Netflix, Inc. (NASDAQ: NFLX)'s business model has served it well for long, as reflected by its strong financial performance and solid stock showing. No wonder it's being aped by others in a bid to taste at least some degree of success as the original did. Netflix's business model offers...
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GameStop Sees Purchase Intent For Nintendo's Switch, Microsoft's Scorpio At Or Above PS4 Levels
Thursday, March 30, 2017 - 9:27am | 741Following investor meetings with GameStop Corp. (NYSE: GME), Wedbush said in a note released on Wednesday that it expects the purchase intent for Nintendo Co., Ltd (ADR) (OTC: NTDOY)'s Switch and Microsoft Corporation (NASDAQ: MSFT)'s yet-to-be released Scorpio at Sony Corp (ADR) (NYSE: SNE)'s...
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Are Nintendo Shares Still Plagued By Overdone Bull Run In 2016?
Thursday, January 26, 2017 - 2:26pm | 335Nintendo Co., Ltd (ADR) (OTC: NTDOY) will close out an eventful 2016 when the company reports Q4 earnings on January 31. According to Wedbush analyst Michael Pachter, even a possible holiday season earnings beat wouldn’t be enough justification to buy the stock. “We believe that the...
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The 2016 Holiday Season's Best Toys
Thursday, December 29, 2016 - 12:25pm | 635The toy story has become engrossing, with estimates predicting a healthy 6.5 percent growth for the toy industry. NPD estimates toy sales growth of 6.5 percent for the year after an estimated 6 percent growth from January through September 2016. Over the years, the toy industry has turned in some...
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Xbox One Beats Sony PS4 Sales 3 Months In A Row
Friday, October 14, 2016 - 9:03am | 328Monthly sales data released by industry tracking firm NPD Group showed that Microsoft Corporation (NASDAQ: MSFT) is the unparalleled king for the third month running as far as gaming consoles are concerned. The software giant's Xbox One edged out Sony Corp (ADR) (NYSE: SNE)'s PS4 on the unit sales...
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Windows 10 To See Big Changes With Its Free 'Anniversary Update'
Thursday, June 30, 2016 - 9:04am | 245Microsoft Corporation (NASDAQ: MSFT) is giving away a Windows 10 upgrade starting August 2. The free "anniversary update" of the company’s most popular OS version ever will include a suit of revamped browsing, gaming and security tools and apps. However, users who have not installed...
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PlayStation 4 And Xbox One Are Already Being Replaced? Upgrades For UltraHD/4k TVs
Tuesday, June 28, 2016 - 10:04am | 478On June 10, Sony Corp (ADR) (NYSE: SNE) CEO Andrew House confirmed the successor to the company's widely popular PlayStation 4 in an interview with the Financial Times. Following Sony’s announcement, Phil Spencer, chief executive of Xbox One, announced Microsoft Corporation (NASDAQ: MSFT...
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Snoop Dogg Upset With Xbox, Threatens Bill Gates: 'What The F**K Are You Doing?'
Thursday, January 14, 2016 - 8:56am | 366Snoop Dogg wasn't very happy with his Xbox. Microsoft Corporation (NASDAQ: MSFT)'s Xbox One had some connection issues on Wednesday night. As CNBC noted, "[the] console has online capabilities called Xbox Live that allow millions of gamers around the world to compete from the...
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Vetr Crowd Slightly More Bullish On Microsoft
Tuesday, December 8, 2015 - 3:56pm | 306Shares of Microsoft Corporation (NASDAQ: MSFT) remain within striking distance of their 52-week high of $56.23. The Vetr crowd turned incrementally bullish on Microsoft by upgrading their rating to 3.5 stars out of a possible five from a prior rating of just three stars. Microsoft remains...
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What Michael Pachter Is Watching In The Video Game Space
Tuesday, September 8, 2015 - 4:50pm | 283Michael Pachter of Wedbush is one of Wall Street's leading authorities on the video game space. In a report published Tuesday, Pachter previewed Thursday's NPD release which he expects to show August's console/handheld software sales falling 5 percent year-over-year to $220 million. That marks the...
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Video Game Consoles Are Entering Their Sweet Spot: Here's How To Play It
Monday, August 10, 2015 - 10:46am | 404In separate reports published Monday, Piper Jaffray analyst Michael J. Olson said that new generation consoles had been received well and appeared poised to drive sustainable software growth, especially for video game publishers. Olson commented, "We expect that CY15 & CY16 will be the...
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Video Game Industry Outlook 'Still Blurry,' Credit Suisse Analysts Warn
Friday, July 24, 2015 - 11:51am | 402In a report published Friday, Credit Suisse analyst Seth Sigman detailed finds from a proprietary survey of 477 gamers (210 of which are Xbox One/PS4 gamers) and how this relates to the video game industry. Here are Sigman's main findings: Physical games, rather than downloads, are still the "...