Total DVD sales are down by about 4 percent for the year, contributing to a creeping dread in the movie capital that buyer interest is plummeting as the global economic crisis worsens.
Source: By BROOKS BARNES
Total DVD sales are down by about 4 percent for the year, contributing to a creeping dread in the movie capital that buyer interest is plummeting as the global economic crisis worsens.
Source: By BROOKS BARNES
Medtronic, the medical device maker, said that legal expenses and declining foreign exchange rates weighed down its quarterly profit.
Source: By THE ASSOCIATED PRESS
The retail industry, including stores such as Lowe’s and Target, continued to see signs of a sharp pullback in consumer spending, both online and in stores.
Source: By CLAIRE CAIN MILLER
Videogame sales are expected to be strong this year and in 2009, despite the economic troubles that have hurt some retail stores that sell the games.
Source: By REUTERS
Third-quarter profit rose to $1.67 billion from $1.27 billion a year earlier as Verizon Wireless added 2.1 million subscribers in the quarter.
Source: By LAURA M. HOLSON
Filed under: Gaming, Peripherals
Unafraid to incite elitist gamer geek unrest, respected video game industry analyst Michael Pachter has supported a prediction by GigaOM that Wii Fit will outsell Grand Theft Auto IV this year. Yeah, you read right: the latest entry into what is arguably the biggest hardcore video game franchise around is gonna get whooped by an exercise tool — we’re not shocked, we’re just laughing. GTA4 was dominating at first, but with time interest has waned while Wii Fit and its included Balance Board peripheral have stayed hot despite supply shortages. Nintendo’s hardware-focused strategy seems to be working; the Balance Board install base is approaching 12 million, or roughly 30% of all Wii owners. You can bet it’ll be put to good use in future games and other, less mainstream applications even after folks have given up on losing weight and resigned themselves once more to lifelong loneliness.
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Source: Samuel Axon
EBay was once an online juggernaut and Amazon.com its weaker rival. Things have changed.
Source: By BRAD STONE
The profit fall came as the company completed the introduction of its Best Buy Mobile concept to nearly 1,000 North American stores, intended to increase cellphone sales.
Source: By THE ASSOCIATED PRESS