This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

'Halo 3' Could Be Godsend Xbox Needed

The simExchange, a fantasy stock market that allows gamers to predict video game sales, expects 10.6 million copies of Halo 3 to be sold over its lifetime.

"Halo is a big game now and will be for months," says David Dennis, a spokesperson for Microsoft's games and entertainment devices division. "When people go out to buy a console this holiday season, they are still going to think about Halo 3 and the console for it."

Microsoft's games releases for the Xbox 360 does not end with Halo 3. The year's best titles including Activision's (ATVI - Get Report) Call of Duty 4, Guitar Hero 3, and Electronic Arts' (ERTS) Rock Band will launch on the Xbox 360, in addition to the older PlayStation 2 and PS3.

Microsoft has also managed to secure exclusive episodic content around Take-Two's (TTWO) much-anticipated game, Grand Theft Auto IV, scheduled for release next year.

Sony has responded to the increased competition last week by cutting the price on its 80GB model of its PS3 console by $100 to $499 and introducing a lower priced 40GB version for $399. The Xbox 360 ranges from $277.99 to $449.99, depending on the model.

Despite a price cut for the Xbox 360 in August, the first since the console was launched, Microsoft still has enough room to make another one, said Matt Rosoff, an analyst with Directions on Microsoft, an independent research firm.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
ATVI $23.32 0.00%
MSFT $43.85 0.00%
SNE $28.32 0.00%
AAPL $128.46 0.00%
FB $78.97 0.00%

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs