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When Will We Officially See the PlayStation 5 and Xbox Series X?
The year is young, but we are already looking towards the upcoming holiday season. There has been a continuing drought in terms of new big-ticket games being released. Right now, it looks that the launch of new console systems this fall may not see much in the way of new product. This begs the question, do the new console systems even need games to be successful? Of course, that is a rhetorical question and the answer is of course the PlayStation 5 and Xbox Series X need games. However…..
Sony Stock Jumps as Game Revenue Declines
On Monday February 3, Sony Corporation (NYSE: SNE) announced total revenue results that were flat, but down significantly in the video game division. Ironically Sony stock rose on the news. This was in sharp contrast to Nintendo that a few days before had seen its stock drop after reporting a significant revenue increase. The recent third fiscal quarter for Sony ended on December 31, 2019. Overall revenue in the quarter was up 3% over Q3 2018. However, net incom…..
Sony Gets Aggressive With PlayStation Now Game Streaming Service
In advance of the launch of competing services, Sony has announced a major price reduction for its PlayStation Now game streaming service. In addition to cutting monthly subscription prices in half, Sony has added major new AAA content including Grand Theft Auto V. The new monthly pricing is: US: $9.99 – monthly / $24.99 – quarterly / $59.99 – yearly (from 19.99/ 44.99/ 99.99) CAN: $12.99 – monthly / $34.99 – …..
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