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 ...
A report from independent warranty company, SquareTrade, claims that the failure rate for Xbox 360 currently stands at 16.4 percent.SquareTrade reported its collation of over 1,000 warranty claims on 1UP.In comparison, the company puts failure rates of PS3 and Wii at around three percent.SquareTrade estimates that the majority, if not all, the failed 360s tracked were based on the original motherboard.And SquareTrade CEO Steve Abernethy ...
Xbox Live is the new chat room according to US authorities cited by the Cincinnati news.According to the publication's local FBI branch, paedophiles are increasingly using Xbox Live to lurk online and communicate with children playing games.Though we thought it'd be obvious that any online service with kids present would attract some unwanted visitors.There are several reports of kids being lured into giving out personal data to paedophiles via ...
Factor 5 president Julian Eggebrecht has expressed his desire to update Turrican for the current generation of consoles, as well as the Wii Virtual Console.Originally released on the Commodore 64, Turrican was developed and designed by Manfred Trenz.Factor 5 was responsible for the Amiga port of the first two games, and later went on to helm of the series by developing Mega Turrican for the Mega Drive.Eggebrecht says: "There was quite a bit of ...
Probably noticing the amount of hits it got from the ridiculous Mass Effect "SeXbox" controversy, Fox News has gone on the attack again, this time blaming games for the death of nature.Digging from a National Academy of Sciences report, Fox says visits to parks and the issuance of hunting and fishing licenses declined between 18 and 25 percent in the 1980s and 90s, about "the period of rapid growth of video games". Coincidence? We think ...
Electronic Arts CEO John Riccitiello has admitted that the company "blew it" when it decided to swallow up stellar PC developers Bullfrog and Westwood."We at EA blew it, and to a degree I was involved in these things, so I blew it," Riccitiello said at the DICE Summit in Las Vegas. "When I talked to the creators that populated these companies at the time, they felt like they were buried and stifled," he declared."The command and conquer model," ...