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The release of the PlayStation 5 has allowed Sony to break through to new 52-week highs. Sony stock still holds as much as 15% short- to mid-term upside potential as holiday console sales and growth in gaming are expected to continue for the foreseeable future. Diversification all...
Nintendo created a Platform with the Nintendo Switch, much like the platforms that Apple created with iOS and Alphabet created with Android. Nintendo Switch Online to drive recurring revenue and incremental profitability. Nintendo has “other bets” too and they are pr...
Sure, there may have been terrific news on a vaccine last week, but just because a vaccine may be available sometime next year doesn't mean the growth of video games will come to an end. Like many technology trends, video games were already a growth industry before COVID, and they won't be ...
The release of new state-of-the-art videogame consoles from Microsoft (MSFT) and Sony (SNE) isn't just the start of a new era for the industry (the two companies' last consoles came out seven years ago), but also an exclamation point on a banner year, with gamers new and old stuck at home and...
There's excitement in the markets on news that Pfizer 's (NYSE: PFE) coronavirus vaccine is potentially 90% effective in preventing COVID-19. However, Dr. Scott Gottlieb, who previously served as the commissioner of the U.S. Food and Drug Administration, warned people last month not...
Videogame sales growth accelerated in October, the last month before the first new major console launches in four years, as a double-digit gain in content sales offered a preview of what might be as the industry entered its crucial quarter. Overall sales rose 14% year-over-year in October, to...
Nintendo 's (OTC: NTDOY) Switch console sold more units in the third quarter than any other piece of video-game hardware since 2009, according to new data from NPD Group and its analyst Mat Piscatella. The last console to put up better numbers in Q3 was Nintendo's own DS handheld sy...
The PlayStation 5 has launched - a high-stakes debut for Sony (SNE -0.3%), whose link to consumers is now heavily defined by its game/media console. It's launch date comes just two days after a new generation of Xbox consoles from Microsoft (MSFT +0.2%), and the two heavy hitters are taking d...
A quarterly wrap-up from NPD Group says that Q3 was the best third quarter ever for videogame spending, which shattered previous highs for the time frame during a period where the industry continued to benefit from pandemic measures. Overall spending hit $11.2B from July through September, up...
Digital games keep breaking records, and the industry could reach $159 billion in revenues in 2020. VanEck just published a new report, dissecting why video games and esports are more popular than ever, with an estimated 65% of adults playing video games. Gaming is growing a ton, ...