Microsoft soundly beat its 2010 sales forecast for the Kinect, a motion-sensor device that enables players to use body movements — instead of controllers — to play games on the Xbox console.
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Given recent valuations for the likes of Zynga, you’d think investors would be frothing at the mouth for any IPOs in this sector. But only a few players look serious about going public soon, and investors aren’t putting as much…
Activision Blizzard’s shares fell after the video-game maker forecast that 2011 sales would fall short of analysts’ estimates and announced that it would cease creating Guitar Hero games because of lackluster sales.
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Sony (SNE) unveiled its new PlayStation Portable device, the Next Generation Portable Entertainment System, or NGP.
The hand-held device has greater motion sensitivity and allows gamers to connect with other users online, Sony said in a statement. Th…
U.S. gamers spent about the same amount of money on video games last year as they did in 2009, even as sales of consoles and other hardware took a plunge. Purchases of physical game discs slid 5%, in spite of the record-breakin…