Nintendo 1Q Profit is Up
Wednesday, July 30th, 2008Nintendo CO’s profit for Quarter One rose by 34% as sales of its hit Wii console shot up. The resuly also emphasizes strong Sales of Video games.
Nintendo CO’s profit for Quarter One rose by 34% as sales of its hit Wii console shot up. The resuly also emphasizes strong Sales of Video games.
Finally, the announcement came. Starting this fall, Xbox 360 owners can stream movies directly from Netflix. Microsoft says the 360 will be the only game system that allows Netflix access for no additional cost. But, only Live Gold members will get access. Streaming movies can also be shared with your Live party, allowing you to watch content together. Users will have instant access to their Netflix instant access queues.
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Microsoft plans to cut the price of its best-selling Xbox 360 Pro model by $50 to $299 in the next few weeks. The price cut for the Xbox 360 model with the 20 gigabyte hard drive will come before the video game industry’s biggest trade show, E3, taking place in Los Angeles on July 15-17, the report said.
Highly-anticipated video game Grand Theft Auto (GTA) IV is expected to break records for the fastest-selling game of all time and many shops are opening their doors at midnight for gamers. The game has been classified as 18 in the UK and Mature for US gamers. Grand Theft Auto IV will retail for $60.
Sales of video game software blew past analysts’ expectations for the month of March. It jumped to $945.6 million, up 63% from the same month last year, according to data released Thursday from the NPD Group.