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Nov 13, 2012

All eyes on Call of Duty after strong Halo 4 launch

SAN FRANCISCO (Reuters) – Microsoft Corp’s “Halo 4″ action-shooter video game delivered robust sales on its launch — a good sign for the flagging video game industry and setting up a tough battle with Activision Blizzard Inc’s latest “Call of Duty”.

As more gamers migrate from console gaming to mobile offerings on tablets and smartphones, the video game industry has seen revenues decline and the performance of both titles in the upcoming holiday shopping season and 2013 is being watched closely as a gauge of future demand for the sector.

Nov 12, 2012

Microsoft ‘Halo 4′ sales hit $220 million on launch day

SAN FRANCISCO (Reuters) – Microsoft Corp said its “Halo 4″ video game racked up $220 million in global sales on its launch day, beating records set by previous installments of the hit series.

Action-shooter “Halo 4,” released last Tuesday, is on its way to reaching $300 million in global sales in its first week, making it the biggest launch in the decade-old Halo franchise’s history, the company said.

Nov 12, 2012

Microsoft “Halo 4″ sales hit $220 mln on launch day

SAN FRANCISCO, Nov 12 (Reuters) – Microsoft Corp
said the “Halo 4″ video game that it released last week racked
up $220 million in global sales on its launch day, beating
records set by previous installments of its hit game series.

Action-shooter “Halo 4″ — released last Tuesday — is on
its way to reach $300 million in global sales in its first week,
making it the biggest launch in the decade-old Halo franchise’s
history, the company said.

Nov 8, 2012

Activision raises outlook on hopes for ‘Call of Duty’

SAN FRANCISCO, Nov 7 (Reuters) – Activision Blizzard Inc
raised its 2012 outlook on Wednesday on expectations of
strong holiday sales of its latest title in the “Call of Duty”
franchise, despite competition from Microsoft Corp’s
blockbuster “Halo 4.”

Investors are keeping a close eye on action-shooter “Call of
Duty: Black Ops II,” a game that hits stores next week and
advances a franchise that has broken sales records and driven
Activision’s fourth-quarter performance in past years.

Nov 7, 2012

Activision hikes outlook on high hopes for Call of Duty

SAN FRANCISCO (Reuters) – Activision Blizzard Inc (ATVI.O: Quote, Profile, Research, Stock Buzz) raised its 2012 outlook, expecting strong holiday sales of its latest title in the “Call of Duty” franchise, despite competition from Microsoft Corp’s (MSFT.O: Quote, Profile, Research, Stock Buzz) blockbuster “Halo 4.”

The world’s largest video game publisher now expects earnings per share of $1.10 in 2012, compared with 99 cents previously. It raised its revenue estimate to $4.8 billion from $4.63 billion. This beat Wall Street’s view of $1.01 earnings per share and revenue of $4.68 billion.

Nov 6, 2012

Preview – Microsoft pulls out the stops for Halo 4

SAN FRANCISCO (Reuters) – “Master Chief” springs back into action on Tuesday with the release of Microsoft Corp’s Halo 4, the latest instalment of the Xbox blockbuster that will compete with Activision Blizzard’s Call of Duty franchise for holiday-season bragging rights.

Microsoft hopes the return of the laconic green-armoured super-soldier protagonist of Halo, which has generated $3 billion of revenue since its 2001 launch, after a five-year hiatus will bring out gamers in droves when the title begins selling in more than 40 countries starting midnight.

Nov 6, 2012

Microsoft pulls out the stops for Halo 4

SAN FRANCISCO (Reuters) – “Master Chief” springs back into action on Tuesday with the release of Microsoft Corp’s Halo 4, the latest installment of the Xbox blockbuster that will compete with Activision Blizzard’s Call of Duty franchise for holiday-season bragging rights.

Microsoft hopes the return of the laconic green-armored super-soldier protagonist of Halo, which has generated $3 billion of revenue since its 2001 launch, after a five-year hiatus will bring out gamers in droves when the title begins selling in more than 40 countries starting midnight.

Nov 5, 2012

THQ net loss shrinks but revenue drops in 2nd quarter

SAN FRANCISCO, Nov 5 (Reuters) – Video game publisher THQ
Inc reported a smaller net loss even as revenue fell in
its fiscal second quarter as it continued to grapple with a weak
market.

The company, known for its wrestling videogames, announced
that the spring 2013 launch of South Park: The Stick of Truth,
based on the popular animated television series, was postponed
to 2014.

Oct 31, 2012

Thousands throng San Francisco to mark World Series win

SAN FRANCISCO, Oct 31 (Reuters) – Thousands of fans resplendent in orange and black choked downtown San Francisco’s largest thoroughfare on Wednesday, noisily celebrating the Giants’ second World Series baseball title in three years.

Giants faithful journeyed from all over the Bay Area from dawn to stake out a clear view of a celebratory parade that kicked off with a military band and featured floats, cheerleaders, double-decker buses and replicas of the city’s iconic cable cars along a three-mile route from the eastern ferry terminus to the Civic Center in the heart of downtown.

Oct 31, 2012

Electronic Arts Q3 forecast disappoints as “Medal” seen lagging

SAN FRANCISCO (Reuters) – Video game publisher Electronic Arts Inc forecast third-quarter earnings below Wall Street targets on Tuesday after its just-released “Medal of Honor: Warfighter” title failed to wow gamers ahead of a crowded holiday season.

Poor reviews for the latest installment in the first-person shooter franchise released last week and the postponement of its “NBA Live 13″ will hurt current-quarter sales, analysts say. A clutch of new sports games, such as the popular “FIFA 13,” did not seem able to take up the slack, they say.