Friday, October 19, 2012

How the video games industry is faring

Companies in the video games industry have begun releasing their earnings reports for the latest quarter. Here's a look at selected companies that make or sell video games or machines.

? Thursday: Microsoft Corp. says Xbox 360 platform revenue fell 24 percent, or $418 million, mostly because of fewer consoles sold and lower revenue from video games software. The year-ago quarter saw the release of "Gears of War 3," with no comparable major releases in the just-ended quarter. That was offset partly by higher revenue from its Xbox Live subscription service.

Coming up:

? Wednesday: Nintendo Co.

? Oct. 30: Electronic Arts Inc., Take-Two Interactive Software Inc.

? Nov. 1: Sony Corp.

? Nov. 5: THQ Inc.

? Nov. 7: Activision Blizzard Inc.

Source: http://news.yahoo.com/video-games-industry-faring-225521741.html

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