Reuters: Price cuts on video consoles by Microsoft (MSFT) and Sony (SNE) have causeD the competition in the field to heat up. Reuters: AIG’s (AIG) new CEO says he is working hard…
What had been rumored is now true. Microsoft (MSFT) will cut the price of its Xbox 360 Elite by $100 to $299, the same price as the Sony (SNE) PS3. Microsoft and…
Reuters: Derivatives traders dipped into $4 trillion in client collateral. Reuters: Home sales and durable orders improved. Reuters: The US softened its stance on private equity deals to buy banks. Reuters: The…
Sales of the Sony (SNE) PS3 and Microsoft (MSFT) Xbox 360 run behind those of the Nintendo Wii most months and in most countries. Sony has attempted to remedy that by dropping…
Reuters: Senator Edward Kennedy died at age 77. Reuters: The US Postal System is seeking 30,000 job cuts. Reuters: US housing and confidence data moved up. Reuters: White House and CBO debt…
Sony Corporation (NYSE: SNE) must be betting that it can retake the lead and it must be betting hard that the economic recession’s effects of creating high price-sensitivity are soon to end. …
Sony (SNE) and Amazon (AMZN) could have a new and large market for their e-book readers. The head of China Mobile (CHL), the largest cellular company in the world, sees part of his…
Reuters: Sony (SNE) and Microsoft (MSFT) are battling to control home entertainment but consumers are slow to adopt their technologies. Reuters: The “clunkers” program will end on August 24. Reuters: GM is…
The video game sector was supposed to be one of the relative beneficiaries of the recession even if it was not to be entirely immune. The sector was part of the ‘in-living…
In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease Control and…
Reuters: HP (HP) issued optimistic guidance. Reuters: China is investing in the private housing sector. Reuters: Buffett says the US is on a slow path to recovery. Reuters: US regulators urged Citigroup…
In the not too distant future, video games may have health warning labels like the ones found on Marlboros and Jim Beam. New research performed by the Centers for Disease Control and…
Sony’s (SNE) PS3 and Microsoft’s (MSFT) Zune both have the same problem. They substantially under-sell the market leaders. In the case of the Zune, that is Apple’s (AAPL) iPod which has a…
Reuters: China’s expansion is leading to charges is it stripping asset from other under-developed countries. Reuters: UBS (UBS) will reveal the names of 5,000 clients in a deal with US tax authorities.…
Just when it looked like consumer spending might pick up, one of the hottest retail sectors, at least a year ago, video games, fell apart. In July, the industry had a 29%…
