NOTE: This page uses real-time stock quotes. Load times may be slower than usual. Information about specific companies is not intended to be a complete description, nor of their securities, nor is this study an offer to buy or sell such securities. DFC does not underwrite or own the securities of the companies the analysts cover. Investors should not rely solely on an analyst’s recommendation when deciding whether to buy, hold, or sell a stock and should consult a stock professional for their investment guidance.
Sony Video Game Results are a Major Disappointment
It is quarterly earnings time and in the video game industry, Sony has become the leading company to watch. Hardware shortages of the PlayStation 5 have been a major industry drag. Unfortunately, the latest earnings release indicates shortages are still an issue.
PlayStation 5 Sales Below Expectations
On the surface, the Sony results look pretty good. In Sony’s Games & Network Services revenue was up 12% over the previous year quarter. However, Sony reports revenu…..
Subscription Services Drive Video Game Market Growth
It is no secret that video game software delays will result in a weak holiday 2022 product lineup. However, overall video game revenue in 2022 is expected to see continued growth without major new hits. This is a sign of how the game industry has successfully moved to a games as a service model.
In the latest DFC Intelligence market forecast 2022 software revenue from console and PC games …..
DFC Lowers 2022 Video Game Console Forecast
As the first quarter of 2022 comes to an end video game console shortages remain a major issue. Sales potential for both hardware and software has been limited and will remain as an issue throughout the rest of the year. While market growth is still expected, DFC’s forecasts have been lowered in expectation of limited supply.
The latest DFC Intelligence forecasts expect 4% growth in the video ga…..
Click arrow to get full stock quote