close
Edit Metric
Company
Value
Source
Source URL
Notes
Cancel
 
close
Edit  |  History
Details
Company:
Value :
Source:
Source URL:
Notes:
 
Feedback
Get involved
FAQ

Game Consoles Wars: Xbox 360 vs. PS3 vs. Wii

Concept

Top Bears Reasons — Vote below!

0%
agree
 Xbox losses and Wii seems to be winning all the time

Add a New Bears Reason
Concept: Game Consoles Wars: Xbox 360 vs. PS3 vs. Wii
Headline: (100 character max)
Analysis:
Cancel
0%
agree
0 votes

edit Xbox losses and Wii seems to be winning all the time

Top Contributor: Jay | Last edited on 06/13/08 | Edit | History

Microsoft's Xbox woes continue as the company announced that sales of its game console fell 60% in the fiscal fourth compared to a year ago. Operating loss for this division of the software giant stood at $1.2 billion (remember, this is a loss). This includes a $1B+ charge against earnings for extending the warranty period for 3 years. In addition, the division lost its leader, Peter Moore, who departed to video game publishing giant Electronic Arts (ERTS).


On the competitive front, Sony announced a $100 price cut to be more in line with Xbox prices and of course, Nintendo's Wii continues to lead the pack in sales. Nintendo's appeal seems to be growing way beyond the core gamer audience--I know a lot of moms and dads, as well as grandparents, that are buying Wiis.

(100 character max) Cancel
The Shelf
Contributions
Help make Wikinvest better! Learn how to get involved. And create an account to build your reputation.
Did you know…?
Bookmarks
Worried about pump and dump?
We review changes
for stock spam
» read more
Want to make Wikinvest better?
We need your help,
contribute today
» learn how
Do you write software?
We are recruiting
the best engineers
» view jobs
Like Wikinvest?
Spread the word —
Tell your friends!
» spread the word
Wikinvest © 2006, 2007, 2008. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki