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World of Warcraft Crushes Star Wars: The Old Republic
Tuesday, May 8, 2012 - 2:20pm | 1040The Force is with Activision's beloved MMO. Sadly, the same cannot be said for EA and Star Wars: The Old Republic. Electronic Arts (NASDAQ: EA) had high hopes for its long-awaited Star Wars MMO, touting it as the next great game in the only genre that has successfully persuaded consumers to pay a...
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EA Could Replace Zynga As 15% of Facebook's Revenue
Monday, May 7, 2012 - 1:03pm | 370Analyst Arvind Bhatia of Sterne Agee says he doubts Zynga (NASDAQ: ZNGA) will be 15% of Facebook's (NASDAQ: FB) revenue in the future. Bhatia explains, “Facebook's own revenue is going to continue to grow at a much higher pace than Zynga's revenue.” Bhatia says he believes Electronic Arts (NASDAQ:...
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DVD Rentals to Drop 50% in Five Years
Wednesday, February 8, 2012 - 12:20pm | 685DVD sales are already in the toilet. By 2017, DVD rentals might be as well. Earlier this week, Coinstar (NASDAQ: CSTR) and Verizon (NYSE: VZ) sent shockwaves through the video rental community when the two corporations announced an unprecedented deal to launch a new streaming video service while...
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Why You Should Not Buy into Zynga's Rally
Thursday, February 2, 2012 - 4:11pm | 572Facebook filed a highly anticipated five billion dollar IPO last night, which has made the entire social media sector boom today. LinkedIn (NYSE: LNKD) is up nearly 6% and Groupon (NASDAQ: GRPN) is trading up almost 7%. As a result, the Global X Social Media Index Fund ETF (NASDAQ: SOCL), in which...
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Zynga NOT Losing $150 on New Customers, Making $30, $50 or $100+ Instead?
Monday, January 23, 2012 - 11:58am | 501NaturalMotion's chief exec takes issue with Sterne Agee's loss estimates and releases a figure of his own: $30 profit per new customer. Last week, Sterne Agee analyst Arvind Bhatia explained to Benzinga why Zynga (NASDAQ: ZNGA) is losing $150 on every new paying customer. Some took issue with this...
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Zynga Loses $150 on Every New Paying Customer
Thursday, January 19, 2012 - 12:10pm | 1383Another reason for investors to run from the game industry's most desperate company. The truth about Zynga (NASDAQ: ZNGA) has been known for quite some time. But over the past few months, it has become painfully clear that the overhyped social gaming entity was destined to die. This week...
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Battlefield 3 Will Be Big, But Call of Duty Will Still Win 4Q, Says MKM Partners' Eric Handler
Tuesday, October 25, 2011 - 2:35pm | 511Next year could also bring significant EPS growth to Activision (NASDAQ: ATVI). That's according to Eric Handler, a Managing Director-Sector Head/Senior Analyst at MKM Partners, who spoke to CNBC this afternoon. But while Call of Duty is the company's bread-and-butter, the game that's expected to...
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GameStop Tablet "A Step in the Right Direction," Says Sterne Agee's Arvind Bhatia
Tuesday, September 13, 2011 - 9:46am | 269GameStop (NYSE: GME) is trying to be the pioneer of a new era in tablets. Can it succeed? We'll have to wait till the tablet is released to know for sure. But if nothing else, Sterne Agee analyst Arvind Bhatia believes the company is making a smart move. “I think it's a step in the right direction...
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Activision, And GameStop Among Favourites: CNBC (SNE, MSFT, ATVI, GME)
Thursday, March 4, 2010 - 10:06am | 153In an interview with CNBC, Arvind Bhatia, video game, and entertainment analyst at Sterne, Agee & Leach, said video game stocks are set to rise this year after a disappointing 2009. Bhatia said that while the poor performance of game stocks in 2009 was reflective of the discretion shown by...