ERTS ATVI GME TTWO
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Summer Meltdown For The Video Game Industry
-07/30/09 at 8:18 AM
CDTby Perry Rod
Sony and Nintendo reported disappointing numbers
in Japan overnight. Nintendo Wii sales dropped 57% year over year
from 5.17 million to 2.23 million units worldwide. Sales of
PlayStation 3 dropped 31% year over year from 1.6 million to 1.1
million units worldwide. PS3 software sales were down 35% in
that same period. The PlayStation Port...
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TTWO ERTS
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No Regrets, No Responsibility: Strauss Zelnick, Take Two
Interactive'... -07/20/09 at 11:03 AM CDTby Perry Rod
“I don’t engage in regrets,”
he said in an interview with CNBC last month. It was a revealing
statement by the chairman of Take Two Interactive, Inc. (TTWO). A
humble man may have had some regrets, given the dramatic fall of
the company’s stock. But humility is almost certainly
not a quality requirement for one who engages in...
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THQ Inc. Sells Over 1 Million UFC Undisputed Copies In First
Month -06/11/09 at 6:40
PM CDTby Mahyar Hashemi
According to research group NPD, UFC Undisputed
moved just over a million copies in its first twelve days on the
shelf in North America. That may explain why THQ stock is up
64% since its release date. Analysts were expecting much
fewer first month sales. Wedbush Morgan senior analyst
Michael Pachter had predicted 400,000 copies to sell ...
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TTWO ERTS
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THQ Inc. and Take Two Interactive - A Similar
Value? -06/10/09 at
11:22 AM CDTby Perry
Rod
According to recent trading, video game
companies THQ Inc (THQI). and Take Two (TTWO) Interactive Software,
Inc. have a nearly identical market capitalization value. THQ
stock has nearly tripled in the last three months on word of solid
sales of their new games, UFC Undisputed and Red Faction
Guerilla. But do these companies really deserve sim...
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THQ Unloads a Powerful Punch at E3
-06/09/09 at 3:04 PM
CDTby Mahyar Hashemi
Since the start of the E3 Expo in Los Angeles
just five business days ago, THQ Inc. stock has soared
nearly 27% as of midday trading today. Investors must have been
impressed. THQ showed off Darksiders, Homefront and
Warhammer, along with current releases Red Faction and UFC
Undisputed. THQ stock had hit a low of $2.23 this year as
a...
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Nintendo Stock Falling In Japan Despite Record Breaking
Sales -01/21/09 at 2:24
AM CSTby Perry Rod
While video game sales break new records all
across the world, video game stocks have seen better days. American
publishers Activision (ATVI), Electronic Arts (ERTS), Take Two
(TTWO) and THQ (THQI) have all seen their stocks dramatically fall
over the year. The latter has had the worst hit, sinking 86%
in a year while others have been cut by over ...
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