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.
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.
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.
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
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
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.
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.
SAN FRANCISCO (Reuters) – Microsoft Corp Chief Executive Steve Ballmer said on Monday demand for the company’s new Windows 8 operating system, released to the public on Friday, was running at a higher rate than its last release, Windows 7.
“We’re seeing preliminary demand well above where we were with Windows 7, which is gratifying,” Ballmer said at an event launching new Windows phones.
SAN FRANCISCO, Oct 19 (Reuters) – Activision Blizzard
is betting big on children’s fantasy adventure game
“Skylanders” this holiday, with the launch of a new title on
Sunday and plans for more mobile versions of the console game.
The franchise’s second offering, “Skylanders: Giants”, will
hit stores in North America following the success of
“Skylanders: Spyro’s Adventures” whose U.S. sales have exceeded
286 million game packs, toys and accessories since its 2011
Oct 15 (Reuters) – Microsoft Corp on Monday
announced that Xbox Music, a digital music service to vie with
Apple Inc’s iTunes and Amazon.com Inc’s Cloud
Player, will be available for its Xbox game consoles on Tuesday.
The service will be expanded to Windows software-based
computers and tablets, including the upcoming Surface tablet,
from Oct. 26, when Microsoft launches Windows 8. It will be
expanded to phones shortly after that.
SAN FRANCISCO, Oct 6 (Reuters) – Zynga Inc’s
inexorable decline over the past six months, capped by a sharp
reduction in its 2012 outlook on Thursday, has sharpened
interest in what Chief Executive Mark Pincus will do next.
Wall Street’s excitement over a game publisher once counted
among the stars of the new social Internet has cooled since its
December initial public offering. On Friday, analysts slashed
their price targets on a stock that dived as much as 22 percent,
to $2.21 – more than three-quarters off its $10 debut.