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Grand Theft Auto Fans Rejoice As Take-Two Confirms 'GTA 6': What's Next?
Friday, February 4, 2022 - 5:20pm | 820Read More...The term "GTA 6" has been a Twitter Inc (NYSE: TWTR) trend many times thanks to eager video game fans awaiting the release of “Grand Theft Auto 6.” Fans got their first update on the game from the publisher Friday, sending shares of Take-Two Interactive Software (NASDAQ: TTWO...
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Can't Get A Playstation 5? Sony Wants You To Buy A PS4 Instead
Wednesday, January 12, 2022 - 11:18am | 356Read More...Supply chain issues have hurt the availability and sales numbers of the Playstation 5, the newest console from Sony Group Corp (NYSE: SONY), but the company may have a temporary solution for gamers. What Happened: Sony has been struggling with supply constraints of its Playstation 5, which was...
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New Data Show Gamers Spend Almost Half Console Time Not Playing Games
Tuesday, June 13, 2017 - 1:34pm | 464Read More...Microsoft Corporation (NASDAQ: MSFT) has unveiled its newest video game console ahead of the Electronic Entertainment Expo Wednesday in Los Angeles. 'The World's Most Powerful Console' Dubbed “the world’s most powerful console,, the Xbox One X is the latest release from Microsoft, and...
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With Netflix-Like Service, Could Video Games Go The Way Of Blu-Rays?
Saturday, May 6, 2017 - 8:58am | 970Read More...Netflix, 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 | 741Read More...Following 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 | 335Read More...Nintendo 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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Xbox One Beats Sony PS4 Sales 3 Months In A Row
Friday, October 14, 2016 - 9:03am | 328Read More...Monthly 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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The Week In Announcements: The Market Reacts To Sony, Amazon And Apple Product Revelations
Friday, September 9, 2016 - 9:58am | 500Read More...There is no doubt that Apple Inc. (NASDAQ: AAPL)'s iPhone 7 unveiling was the main event of the week. However, that was far from the lone product reveal. This week also hailed a Sony Corp (ADR) (NYSE: SNE)'s PlayStation 4 upgrade announcement and Amazon.com, Inc. (NASDAQ: AMZN)'s new product launch...
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7 Of The Best Reactions From Wired's Live Blog Of Sony's PS4 Event
Thursday, September 8, 2016 - 8:54am | 430Read More...With all the attention on Apple Inc. (NASDAQ: AAPL) and its iPhone 7 launch event, little attention is being paid to Sony Corp (ADR) (NYSE: SNE). The company introduced the new PlayStation 4 Pro and a new, slimmer, lighter updated console device, which maintains the PS4 name at its PS4 event. The...
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PacCrest Outlines Gaming Catalysts For Electronic Arts Amid E3 Conference
Tuesday, June 14, 2016 - 10:44am | 620Read More...Pacific Crest’s Evan Wilson mentioned that Electronic Arts Inc. (NASDAQ: EA) kicked off E3 with the EA Play press even that showcased most of its slate for 2016. Wilson mentioned that the company “spent most of its time showing off five franchises: Titanfall 2, Mass Effect Andromeda,...
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'Pachter Factor' Talks NX's Potential Success
Tuesday, May 17, 2016 - 2:03pm | 405Read More...Michael Pachter appears on SIFTD.net Games every week to answer questions about the gaming sector. In this week's episode, Pachter talked about Nintendo Co., Ltd (ADR) (OTC: NTDOY)'s Wii U and NX launch. Nintendo's NX Release Nintendo has set a dismal forecast of 800,000 Wii Us to be sold in 2016,...
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What Michael Pachter Is Watching In The Video Game Space
Tuesday, September 8, 2015 - 4:50pm | 283Read More...Michael 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 Industry Outlook 'Still Blurry,' Credit Suisse Analysts Warn
Friday, July 24, 2015 - 11:51am | 402Read More...In 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 "...
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June Video Game Sales Are Out; What Do They Show?
Friday, July 17, 2015 - 8:17am | 397Read More...In a report published Friday, Brean analyst Todd Mitchell analyzed June's NPD retail video game industry sales, which showed an 18 percent increase in video game industry sales during June to $69 million. Mitchell commented that the sales growth came from a 20 percent jump in software sales...
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Wedbush Calls April Video Game Growth A 'One-Hit Wonder'
Friday, May 15, 2015 - 10:29am | 268Read More...In a report published Friday, Wedbush analyst Michael Pachter commented on NPD data (released Thursday) that showed gaming console and hardware software sales rose 13 percent year-over-year to $257 million, exceeding the analyst's estimates of $248 million. "Sales were up for the third time in four...














