Video game console makers Microsoft and Nintendo have reported earnings for the most recent quarter. This week, companies that make games will be issuing their quarterly reports.
Here's a look at reports and results for selected companies that make or sell video games.
? July 12: NPD Group reports that U.S. retail sales of video game hardware, software and accessories fell 29 percent in June to $700 million. It's the seventh consecutive month of decline. Sales of console and portable software ? the video games themselves ? fell 29 percent from a year earlier, while sales of hardware fell 45 percent. Sales of accessories grew 4 percent. Excluded are sales of used games and rentals as well as digital and social-network spending.
? July 19: Microsoft Corp. says it sold 1.1 million Xbox 360 consoles, down from 1.7 million a year earlier, in what it calls a soft console market. Membership in its Xbox Live service increased more than 15 percent.
? July 25: Nintendo Co. says it sold 710,000 Wii units in the April-June quarter, down from 1.56 million a year ago. Nintendo is coming out with a successor, the Wii U, this year. It is forecasting 10.5 million units for the full fiscal year, which ends in March 2013.
Coming up:
? Tuesday: Electronic Arts Inc., Take-Two Interactive Software Inc.
? Thursday: Sony Corp., Activision Blizzard Inc.
? Aug. 6: THQ Inc.
Source: http://news.yahoo.com/video-games-industry-faring-225521741.html
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