This Day On The Street
Continue to site
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

'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
Only $9.95
14-Days Free
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
SYM TRADE IT LAST %CHG
ATVI $26.06 0.00%
MSFT $46.88 0.00%
SNE $29.12 0.00%
AAPL $122.37 0.00%
FB $95.21 0.00%

Markets

Chart of I:DJI
DOW 17,745.98 -5.41 -0.03%
S&P 500 2,108.63 +0.06 0.00%
NASDAQ 5,128.7850 +17.0520 0.33%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs