The disintegration of one of the world's great consumer electronics companies continued as Sony sold one of its core operations and fired 5,000 people. The Japanese company will turn its attention to…
Douglas A. McIntyre courtesy of Sony Corp.Sony Corp. (NYSE: SNE) says it is not true, but investors and traders aren’t buying the company’s denial that it is in talks either to sell its Vaio personal…
When current Sony CEO Kazuo "Kaz" Hirai took over as head of the huge Japanese consumer electronics company, he promised to turn the company around. He either took the job too late…
As Microsoft's revenue reaches the high-water mark in its history, and does so because it has been able to change the way it conducts business, Steve Ballmer has become the best person…
The chance that smartphone sales would decrease after years in which the devices had taken the place of PCs among tens of millions of consumers worldwide was considered low. However, the process…
A weak forecast from GameStop took down the entire video game sector. But now we have a conflicting report from NPD Group indicating that sales were better industry-wide.
Nintendo announced forecast earnings for the current year. It will lose $336 million. Wii U sales predictions for the period where cut by about 70%.
Shares of video-game retailer GameStop slumped Tuesday after the company unexpectedly reported lower-than-expected holiday sales and cut its guidance for the fiscal fourth quarter.
ThinkstockThe Consumer Electronics Show (CES) opened today in Las Vegas and it is nothing if not big. It’s also a place for big announcements, and the Consumer Electronics Association (CEA) CEO Gary…
An early report on overall holiday sales -- online and in stores -- indicates that while sales rose, the rise was somewhat smaller than expected. The jump in online sales is the…
MicrosoftU.S. spending on digital games is declining. In 2012, the total spend was about $21.9 billion compared with an expected total of $20.5 billion in 2013. But the news isn’t all bad.…
ThinkstockShopper traffic fell 21.6% year-over-year in the week ending December 8th according to the latest survey data from ShopperTrak released Wednesday. Sales compared with the same period a year ago were ,…
MicrosoftIn an announcement Wednesday morning touting its sale of more than 2 million of its new Xbox One game consoles, Microsoft Corp. (NASDAQ: MSFT) said, “Demand is exceeding supply in our 13…
ThinkstockGoogle Inc. (NASDAQ: GOOG) launched its haphazardly named streaming radio service, Google Play Music All Access, in May for a $10 a month subscription price. Apple Inc. (NASDAQ: AAPL) launched its free…
Courtesy Sony Corp.Sales of Sony Corp.’s (NYSE: SNE) PlayStation 4 reached 2.1 million units worldwide, temporarily giving it bragging rights over Microsoft Corp.’s (NASDAQ: MSFT) Xbox. Given that the PS4 just launched…
