New products might be game consoles' swan song

With a new generation of game consoles slated to start hitting store shelves later this year, game enthusiasts should savor the moment. It may not come again.

Nintendo posts first annual loss

Japanese videogame giant Nintendo on Thursday posted its first annual loss since becoming a public company, blaming a soaring yen and price cuts on its consoles for sinking it $530 million into the red.

US video game sales drop 25 percent in March

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 25 percent in March from a year earlier to $1.1 billion. It marked the fourth month of decline as Sony Corp.'s new PS Vita handheld failed to ...

US video game sales fall 34 percent in January

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 34 percent in January from a year earlier to $751 million due to the lack of new game titles, according to market researcher NPD Group.

Nintendo posts loss on strong yen, weak sales

(AP) -- Nintendo Co. sank to losses for the April-December period, battered by a price cut for its 3DS handheld, a strong yen that erodes overseas earnings and competition from mobile devices such as the iPhone that offer ...

US video game sales drop 21 percent in December

(AP) -- U.S. retail sales of video game hardware, software and accessories fell 21 percent in December from a year ago to $3.99 billion as players bought fewer games for their aging consoles, according to market researcher ...

NPD: October video game sales rise 1 percent

(AP) -- U.S. retail sales of video game hardware, software and accessories rose 1 percent to $1.08 billion in October, helped by sales of "Battlefield 3," market researcher NPD Group said Friday.

Nintendo's loss swells to $925 mn for first half

Nintendo said Thursday its net loss swelled to 70.3 billion yen ($925 million) for the six months to September as it forecast a full-year loss, citing the strong yen and a lack of hit game titles.

US shops see videogame sales drop in May

US videogame industry sales at real-world shops slumped in May on a light line-up of new titles and shifts to digital content offered for download on the Internet, according to NPD Group.

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