Analyst slashes PS3 shipment forecast
Japanese brokerage Mitsubishi UJF Securities has lowered its rating on Sony, predicting a 50 per cent shortfall in the company's launch estimates for the PS3 which sent the share price down 3 per cent.
Paul Loughrey,
Recent articles by Paul Loughrey
Japanese brokerage Mitsubishi UJF Securities has lowered its rating on Sony, predicting a 50 per cent shortfall in the company's launch estimates for the PS3 which sent the share price down 3 per cent.
Games developer Enlight Software has announced the signing of a deal with Exent Technologies, for the provision of in-game advertising to a catalogue of existing and future PC titles.
Whilst Nintendo has once again failed to announce the official price or launch date for Wii, the company's head of German operations has stated that he expects a price point below 250 Euro.
BioWare/Pandemic Studios has announced the appointment of industry veteran and former EA exec Jillian Goldberg, who will serve in the role of executive vice president of marketing.
Software giant Electronic Arts has announced its acquisition of German development studio Phenomic, creators of Settlers and Spellforce, amongst other titles.
Casual games provider PopCap Games and Valve Software have jointly announced a new agreement that will see a significant number of casual games digitally distributed through Valve's Steam platform.
Microsoft has announced details of its scheduled South African launch for the Xbox 360, which will hit retail on September 29th, followed by four additional launches throughout Europe.
Sony has issued a statement correcting the information regarding its projected retail allocation for the PlayStation 3, confirming plans to have 2 million units available by launch day.
Vivendi is striving to bring back the creativity that's lacking from the industry, European EVP, Adam Roberts, telling GamesIndustry.biz that bringing development in-house will help.
Microsoft has reiterated that there are no plans to reduce the price of the Xbox 360 console, telling our sister site Eurogamer that a lower priced Core System is at retailer's discretion.
The road block has turned into a pile up this week, as Cars keeps the lead and prevents any movement in the top end of the all-formats sales chart for a fourth consecutive week.
Sony has announced the launch of a new limited edition pink PS2 console, designed to capitalise on the success of titles such as SingStar and Buzz and capture a wider gaming audience.
Software publisher Deep Silver has confirmed its product line-up for the Leipzig Games Convention, spearheaded by the Namco Bandai co-published RTS title, Warhammer: Mark of Chaos.
Less than three months before the scheduled tri-continent launch of Sony's PlayStation 3 console, SCEA president Kaz Hirai has stated that retail shortages in each territory are inevitable.
Flagship Studios has announced the formation of a joint venture to support online game hosting, gameplay management and digital distribution, beginning with the developer's hugely anticipated PC title, Hellgate: London.
US specialist retailer GameStop had released its financial report for the second quarter, noting an uncertainty over the available units for the launch of Nintendo's Wii and Sony's PS3.
Organisers of the London Games Festival have announced details of the consumer events planned for the weeklong event, which will showcase the biggest games and latest hardware releases for the Christmas period.
Bizarre Creations has followed up its request for the removal of Geometry Wars clones from the Internet with a statement that calls for better intellectual property protection and more originality from developers.
Throwing cold water on Sony's talk of 1080p output for its PlayStation 3 console, Microsoft's Andre Vrignaud has warned consumers that the company's claims are nothing but hype.
Market analyst firm The Yankee Group has forecast a victory for Sony in the next-gen console race, predicting a four per cent lead over Microsoft, with Nintendo's Wii trailing far behind.
Phantom Entertainment - formerly Infinium Labs - has announced plans to ditch the idea of a physical receiver, intending to launch its Phantom Games Service as client software for Windows PCs.
The organisers of Games Market Europe have confirmed that this year's event, which was scheduled to take place in September, has been cancelled - but said there are plans to revise the format for 2007.
Microsoft has announced new details regarding its Live Vision camera for the Xbox 360, which is expected to ship this September - complete with a free gesture-control software title.
German publisher dtp entertainment AG has announced the world premier of acclaimed adventure game designer Jane Jensen's Gray Matter, to be presented during the Leipzig Games Convention.