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.

IPhone bills boost Verizon 1Q revenue growth

(AP) -- Holiday sales of the iPhone 4S started to boost revenue at Verizon Communications Inc. in the latest quarter, as subscribers settled in to paying their new monthly bills.

Amazon 4Q results, outlook sends stock lower

Shoppers spent more money online this holiday season than ever before, and yet, Amazon -the world's largest Internet retailer- failed to meet Wall Street's sales expectations with its latest financial results.

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 ...

GameStop holiday sales nearly flat at $3.02B

(AP) -- Video game retailer GameStop Corp. on Monday reported nearly flat sales for the nine-week holiday period that ended on Dec. 31, as game software sales rose but sales of game consoles and other hardware slid.

NPD: US holiday electronics sales drop 5.9 percent

(AP) -- U.S. sales of consumer electronics fell 5.9 percent this past holiday season, as smartphones cannibalize sales of standalone gadgets like cameras, camcorders and GPS navigation devices.

Nintendo 3DS game system gets momentum in US

Nintendo on Tuesday announced that it sold more than four million of its sophisticated 3DS handheld videogame gadgets in the United States by end of 2011.

Internet lets US export consumer lifestyle

As gift-buying frenzy mounts in the days before Christmas, US retailers are exporting the country's shopping culture along with once hard-to-get goods to locales around the world.

Online shopping moves into mainstream

When it comes to the holiday shopping season, online purchases have not only earned a seat at the adult's table but are increasingly eating all the food.

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