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June Video Game Sales Are Out; What Do They Show?
Friday, July 17, 2015 - 8:17am | 397In a report published Friday, Brean analyst Todd Mitchell analyzed June's NPD retail video game industry sales, which showed an 18 percent increase in video game industry sales during June to $69 million. Mitchell commented that the sales growth came from a 20 percent jump in software sales...
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Wedbush Calls April Video Game Growth A 'One-Hit Wonder'
Friday, May 15, 2015 - 10:29am | 268In a report published Friday, Wedbush analyst Michael Pachter commented on NPD data (released Thursday) that showed gaming console and hardware software sales rose 13 percent year-over-year to $257 million, exceeding the analyst's estimates of $248 million. "Sales were up for the third time in four...
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What Gaming Investors Need To See Before Earnings
Monday, April 13, 2015 - 12:41pm | 387In a report rolled out Sunday, analysts at Wedbush provided a preview of the March 2015 results for the entertainment software industry. The analysts are expecting another month of console/handheld software sales growth (same as January and February), driven by "new releases and a manageable...
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Wedbush Remains Bullish On Activision Blizzard Ahead Of Q4 Print
Monday, February 2, 2015 - 12:33pm | 299Michael Pachter of Wedbush on Monday commented in a note that Activision Blizzard, Inc. (NASDAQ: ATVI) will report above consensus fourth-quarter results on Thursday, driven by "Call of Duty: Advanced Warfare" and "World of Warcraft." Pachter estimates Activision...
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Is Xbox One Really Beating PlayStation 4?
Tuesday, December 16, 2014 - 12:30pm | 486Microsoft Corporation (NASDAQ: MSFT) celebrated a major victory in November after NPD announced that Xbox One had sold 1.2 million units. Curiously, no specific sales figures were provided for PlayStation 4, but Sony Corp (NYSE: SNE) was thought to have sold between 750,000 and 800,000 units...
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Bank Of America Comments On November NPD Data, Take-Two Interactive A Standout
Friday, December 12, 2014 - 11:46am | 313Justin Post of Bank of America commented in a note on Friday on November's NPD data showing U.S. retail software sales improved to negative two percent in November. According to Post, November's improvement was attributed to a slate of new releases this year including "Call of Duty...
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Brean Capital Comments On November NPD Retail Video Game Data
Friday, December 12, 2014 - 11:21am | 198Todd Mitchell of Brean Capital commented in a note on Friday that November's NPD data that showed total retail video game industry sales declining 12 percent in November to $2.4 billion was better than the 18 percent decline projected. Mitchell notes that upside to estimates came from just over $1....
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Bank Of America: Q3 'Tracking Well' For Electronic Arts, Hikes Price Target
Friday, December 12, 2014 - 9:28am | 181Justin Post of Bank of America commented in a note on Friday that Electronic Arts Inc. (NASDAQ: EA) is setting up for a “solid” third quarter. Post notes that Electronic Art's retail sales were down 29 percent year-over-year in the third quarter, marking an improvement from October as the company...
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Investors Focus On Earnings Rather Than Geopolitical Tensions
Friday, July 18, 2014 - 6:08pm | 2627U.S. stocks rose as many questions remain unanswered following the crash of MH17 over the unstable region of Donetsk in Ukraine. U.S. intelligence sources speculated the plane was brought down by a ground-to-air missile but cannot confirm who was responsible. Investors appear to focus on...
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Market Wrap For January 17: Stocks Finish Week With Mixed Results
Friday, January 17, 2014 - 5:40pm | 2758Stocks traded mostly lower today as investors digested a new set of earnings that were disappointing. A mixed housing data and a consumer sentiment coming in lower than expected was enough to tame the bulls as major indices finished the day mixed. Markets will be closed on Monday for Martin...
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Netflix Soars on Earnings Beat
Thursday, January 24, 2013 - 12:00pm | 497Online movie and television giant Netflix (NASDAQ: NFLX) has soared over 40 percent on Thursday on news of a better-than-expected fourth quarter. The Los Gatos, California company reports an EPS of $0.13 for the quarter - almost 5 times less than the $0.64 reported during the same period in 2011...
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NPD Says Android Is Now The Leading Smartphone OS In The US
Wednesday, August 4, 2010 - 3:13pm | 142According to The NPD Group, a leading market research company, Android smartphone operating system (OS) by Google (NASDAQ: GOOG) continued to gain share in the US consumer mobile phone market in Q2. The NPD Group said that for the first time since the fourth quarter of 2007, Research In Motion's (...
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NPD: Google's Android is Now Top-Selling Mobile OS (GOOG)
Wednesday, August 4, 2010 - 12:42pm | 211The NPD Group is reporting Wednesday that Google's (NASDAQ: GOOG) Android mobile operating system was the top-selling OS in the second quarter. 33 percent of phones sold during the period had Android. The NPD Group, a leading market research company, is reporting that for the first time since the...