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

Five Video-Game Developments for 2010

4. The march to digital distribution: Even though Sony's digital-only PSP Go portable was a wretched failure (with sales drifting down to PS2 levels after it made PSP users' library of games useless), the push toward online networks and even "cloud" gaming continues. Though the numbers for 2009 aren't in yet, Microsoft says nearly 60% of its users paid a $50 annual fee to join its Xbox Live Gold online service in 2008. Meanwhile, Sony said last month that its PlayStation Network has 33 million registered users worldwide. At the same time, EA laid off 1,500 employees from its brick-and-mortar sectors last month, while GameStop announced plans to enter the digital arena after same-store sales fell 7.8% last quarter and Goldman Sachs (GS) removed it from its "conviction" buy list.

5. The death of peripherals: What did we learn about plastic peripherals in 2009? If you have a Guitar Hero or Rock Band instrument set, you're not buying another one. Overall, peripheral sales are down 6% from last year, according to NPD, with music games like The Beatles: Rock Band and Guitar Hero 5 pulling in just $53 million in October, compared with the $137 million made by their predecessors during the same month last year. Activision salted the wound nicely when its $100-plus DJ Hero and turntable peripheral scarcely cracked 100,000 sales in its first month and its $120 Tony Hawk: Ride and skateboard accessory was roundly panned before its release last month.

-- Reported by Jason Notte in Boston.

Jason Notte is a reporter for TheStreet.com. His writing has appeared in The New York Times, The Huffington Post, Esquire.com, Time Out New York, The Boston Herald, The Boston Phoenix, Metro newspaper and the Colorado Springs Independent.
3 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
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 $23.94 0.00%
MSFT $47.87 0.00%
NFLX $558.40 0.00%
SNE $31.34 0.00%
TTWO $25.08 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs