Microsoft is rumoured to be cutting the price of its Xbox 360 in a little over one week's time. Here comes the fight for Grand Theft Auto IV's sales. When we first heard about a possible price cut, we immediately thought it was an odd time for such a move. But GTA IV will be with us at the end of April and that means big business for Sony and Microsoft. TechRadar reports the price of every Xbox 360 SKU is to be slashed by 50 Euros on March 14 ...
In an alarming move by Eidos parent comapny SCi, 14 projects are to be axed to balance against the £81.4 million ($162 million) loss the company has accrued. This may or may not spell doom for other SCi-owned developers; Eidos has declined to comment on rumors that Conflict: Denied Ops dev Pivotal Games will be sold off or closed down as a result of SCi's decision.Here's the original story on the SCi move from our pals ...
Sony shares jumped by five percent based on optimism over future sales of the firm's PS3 and Blu-ray players. This followed yesterday's news that Toshiba had officially switched off the life-support machine for HD-DVD. "We believe Blu-ray's victory could drive market share gains for the PS3, as we believe consumers will now be more willing to pay up (versus 360) for the standard Blu-ray player," William Blair analyst Ralph Shackart told ...
BBC news reports this morning that the infamous red ring of death was caught on camera at Microsoft's Game Developers Conference booth. "Microsoft wants consumers to believe that its problems with the Xbox 360 console in terms of hardware failure are over," says the BBC, referring to the chatter over 360's alarming failure rate this time last year. The report continues: "But wandering through the Game Developers Conference halls and it's clear ...
It's all about the games, Microsoft has said in a statement on the end of the HD-DVD format war."We do not believe the recent reports about HD DVD will have any material impact on the Xbox 360 platform or our position in the marketplace," the company has said."As we've long stated, we believe it is games that sell consoles and Xbox 360 continues to have the largest next-gen games library with the most exclusives and best selling games in the ...
Pacific Crest Securities analyst Evan Wilson believes Microsoft and Nintendo will release new home consoles by 2010, the year he says will likely mark the end of the PSP and DS cycles.In an investor note issued to GameSpot, Wilson said it is unlikely that Microsoft or Nintendo will attempt to extend the traditional five year console cycle in this generation."We believe that peak industry sales will occur in 2010, given that Microsoft will ...