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Posts tagged michael-pachter

Pachter: PS4, Xbox One under $400; current-gen price drops this year

Wedbush Morgan analyst Michael Pachter is predicting a sub-$400 pricing scheme for the PS4 and Xbox One – $349.99 for the PS4 and $399.99 for Xbox One. This comes from the investment firm's annual E3 preview report, which unsurprisingly calls out the next generation consoles as the main focus...

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Pachter: Wii U sales hit 55,000 in April, 20,000 below Wii

Nintendo's Wii U sold 55,000 units in April, down 19 percent from March, while the Wii sold 75,000 in April, down 16 percent from last year, Wedbush analyst Michael Pachter estimates. To compare, he says Microsoft sold 205,000 Xbox 360 units and Sony snagged 165,000 sales of the PlayStation 3 this...

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Report: Vivendi looking to sell 'part or all' of majority stake in Activision

Activision's French multimedia conglomerate parent company, Vivendi SA, is said to be considering a sale of its 61 percent controlling stake in the US-based Call of Duty publisher. Bloomberg reports that Vivendi is holding a meeting on June 22 to discuss the potential for a sale of "part or all" of...

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Wedbush thinks Grand Theft Auto 5 will launch in October

With this morning's announcement that BioShock Infinite will now launch in February 2013, publisher Take-Two Interactive altered more than a game's launch date. Take-Two is a publicly traded company, and one fewer gigantic product launch during the holiday season – arguably Take-Two's only...

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Nexon bids for EA takeover, everyone says it's very unlikely

You know Nexon, right? The South Korean MMO company that made Maple Story and ... uh ... Everplanet ... and stuff? Anyway, Nexon is a pretty big deal on the other side of the Pacific Ocean. Such a big deal, in fact, that it's looking at buying out some of its rivals, apparently including EA. MK...

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3DS sold under cost since price cut, Nintendo 'hoping' to profit by March 2013

Nintendo took a big hit last year when it dropped the price of its then-nascent handheld, the 3DS, to $170 just a few months after initial launch. Such a hit, apparently, that Nintendo is selling the unit for less than it costs the company to produce, as revealed in the company's latest financial...

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Microsoft buys indie developer Twisted Pixel

After developing games exclusively for Xbox 360 and PC, it's fair to say that indie dev Twisted Pixel has been going steady with Microsoft. Today, the two have finally tied the knot as the Redmond corporation announced that it has purchased the Austin studio. That may be terrifying news for...

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PSN Breach: What it means for you, and for Sony

It's been nearly one week since the PlayStation Network servers were taken down due to an "external intrusion," and nearly one day since we learned PSN users' personal information was stolen during said intrusion. We're still not quite sure of the full scope of the security breach, but the latest...

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PSN devs offer mixed reactions to cost of outage

As consumers scramble to deal with the ramifications (identity theft!) of the PlayStation Network breach and subsequent outage, PSN developers are struggling with anxieties of their own. "PSN being out definitely affects our bottom line," Q-Games Dylan Cuthbert told IndustryGamers, "but as...

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Analysts consider dance genre 'bubble,' Ubisoft says more 'The Experience' games possible

Ubisoft's Just Dance and its successful clones like Michael Jackson: The Experience, along with Harmonix's Dance Central, have established the dance genre as a viable market for milking. Now the industry must play the delicate game of sucking the marrow dry without creating a zombie. Gamasutra...

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