Search Results For: playstation profit
Hot on the heels of Sony releasing its upgraded PlayStation 5 Pro console, there's some interesting chatter surrounding what comes nextthe PlayStation 6, which will be a true next-generation game system rather than an iterative upgrade. The PS6 is apparently in development as you read this, and is likely...
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In a recent 10-K filing with the the Securities and Exchange Commission (SEC), games retailer GameStop said it was putting in place "initiatives to reduce headcount" as part of a "strategic plan to achieve profitability." Separately, GameStop reported $1.79 billion in fourth quarter revenue for its fiscal 2023...
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Before we get into today's news, we should set the stage: Pocketpair is a small Japanese game developer with a few minor successes under its belt. Most people, particularly outside of Japan, have probably never heard of any of Pocketpair's previous games, like Unity-engine survival-craft title Craftopia or the rather...
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All things considered, AMD ended its fiscal year on a high note with its fourth quarter (of 2023) revenue coming in at $6.2 billion, for a quarterly profit of $667 million. For the full year, AMD reported revenue of $22.7 billion, with net income tallying $854 million. The figures are largely the result of...
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Well, the Microsoft purchase of Activision-Blizzard-King has finally closed, and we're now observing what may well be the the first knock-on effect of the acquisition. Anyone who didn't expect major ripple effects from the purchase hasn't been paying attention to the actions of Microsoft's previous acquisitions, like...
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Cloud gaming has been an option for more than a decade, but only recently have companies like NVIDIA and Microsoft hit their stride as faster network speeds unlocked cloud gaming for more players. Sony, however, isn't pushing its cloud gaming service very hard, and CEO Kenichiro Yoshida says that's intentional...
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Sony's PlayStation VR2 headset is available to purchase on Amazon and can be bundled with Horizon Call of the Mountain. The company says it created the headset with "comfort in mind."
The highly-anticipated VR headset is the next-gen version of the PlayStation PSVR for the PlayStation 4, which...
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AMD has posted its earnings report for the first quarter of 2023 and in it the company divulges some notable losses, including a 9 percent year-over-year decline in revenue to $5.35 billion. This resulted in a net loss of $139 million, compared to a $786 million profit in the same quarter a year ago...
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The process of in vitro fertilization (IVF) takes its first baby step toward becoming completely automated. Last spring, engineers utilized a microscope, a mechanized needle, a tiny petri dish, a laptop, and a Sony PlayStation 5 controller to fertilize more than a dozen eggs.
Currently, a patient attempting...
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Even in the midst of exploding PlayStation 5 sales, Sony casts a conservative outlook on the current fiscal year. The company warns that a global slump in spending on electronics and entertainment will impact future profits.
It wasn't that long ago that it was next to impossible to find a...
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Sony recently announced that it would be much easier to obtain a PlayStation 5 globally this year, and its financial results for the third quarter of 2022 seem to uphold the claim. The company sold 7.1 million PS5s from October to December, 3.2 million more units than during the same quarter last...
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During an earnings call with analysts, AMD CEO Dr. Su noted, "We remain very bullish about our data center business," and it's easy to see why. Just days after rival Intel posted a brutal earnings report in which it suffered one of its biggest quarterly losses in history and a 20 percent drop in full-year revenue, AMD...
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High seas adventure and piracy game fans have been excited for the upcomingSkull and Bones,but according to a new statement from the development company, the game is delayed again. Along with the delay Ubisoft has also decided to scrap a few unannounced projects. It also looks like some company restructuring is going...
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AMD didn't quite meet its revenue target for its fiscal third quarter of 2022, though it did still manage to post a 29 percent year-over-year gain to $5.6 billion. Half of that ($2.3 billion) was recorded as a profit, which is a gain of 13 percent from the same quarter a year ago. In a statement, AMD CEO Dr...
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Gamers have been feeling the effect of inflation when it comes to playing on a PC, but they are now experiencing it with a console as well. Sony has raised the price of its PlayStation 5 console in markets outside the U.S., citing inflation as one of the main factors.
Console gamers have enjoyed the same...
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Best Buy restocks are your best chance at scoring a Geforce RTX 30 series graphics card at MSRP, but the latest one carried a $199.99 caveat. That's the price of an annual subscription to Best Buy's Totaltech program, and if you even wanted a chance to bag a Founders Edition card during yesterday's restock, you had to...
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Have you been trying in vain to score a PlayStation 5 or Xbox Series X console? What about a Nintendo Switch OLED, or a rare set of kicks from Nike? There is just not enough to supply of these and other items to meet demand, in part because scalpers are so quick on the draw. But don't blame it on bots, says a...
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Netflix officially announced its intentions to enter the extremely lucrative gaming industry this past July. Following up on that, Netflix yesterday tooks it is first step into the already very competitive mobile platform that will include five mobile games at the outset.
Netflix will begin its mobile gaming...
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You may not be able to mosey into Best Buy or Walmart and walk out with an Xbox Series X or S console tucked underneath your arm, but it's not because Microsoft is dragging its feet on shipments. During an earnings call this week, Microsoft CFO Amy Hood indicated the company was able to ship more consoles than...
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We now have some additional clarity on the cooling performance of the revised PlayStation 5 Digital Edition console that first debuted earlier this summer. The new PlayStation 5 carries the model number CFI-1100B01 and has some revised internals (namely a new, lighter heatsink) compared to the launch...
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There might be a console shortage, but even so, Sony says it is on track to sell more PlayStation 5 systems during its fiscal year ending March 2022, than it did PlayStation 4 consoles during its first fiscal year of availability. More precisely, Sony CFO Hiroki Totoki assured investors that managed to...
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The PlayStation 5 has barely been on the market for six months, but Sony is already projecting a considerable milestone for its hot-selling game console. The company shared a presentation with investors this week in which it talked about the sales performance of the PlayStation 5 compared to its...
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