Nintendo forecasts net loss, slashes Wii U sales target

Nintendo on Friday warned it would swing back into the red this fiscal year as the Japanese gaming giant slashed its sales target for the Wii U console, blaming poor sales over the key holiday season.

Crowd-funded videogame console selling fast

The crowd-funded Ouya videogame console hit the market on Tuesday and sold out quickly at online retailer Amazon as well as on the website of major US chain store Target.

Microsoft readies new Xbox as entertainment hub

Microsoft offers a glimpse Tuesday at a new-generation Xbox as videogame consoles evolve into home entertainment centers and adapt to competition from smartphones and tablets.

Mobile shines in exploding world of games

The booming popularity of play on smartphones or tablet computers in a realm once dominated by videogame consoles was a hot theme at the major Game Developers Conference that ended on Friday.

Sony invites press to mystery New York event

Sony sent out invitations Thursday to a mystery event in New York City on February 20, sparking rumors that the world would get its first look at a new-generation PlayStation videogame console.

Nintendo chief rules out price cuts for Wii U

Nintendo's president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly threaten specialized ...

PS3 takes console crown from Xbox 360: IDC

Sony's PlayStation 3 bumped Microsoft Xbox 360 from the videogame console sales throne in December, according to a report released Wednesday by industry tracker International Data Corporation.

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