Sony (SNE) revealed in September that it had updated the Playstation console to be named PS4. It is expected to launch in the fall as well. This next generation console is expected to rival PC gaming. It is also expected to incorporate a mobile feature in order to continue game play. A share function will allow game clips to be replayed and/or uploaded to other websites. Sony's PS3 is the top selling console globally according to VGChartz. But the PS3 was launched in 2006 and the only updates since then have been on the mobility side, particularly the PSP. Play Station fans have waited a long time for an upgrade.
The third part to this investing thesis are the game titles. Although much was made of the loss of Warcraft subscribers, Activision's next big title is Call of Duty Ghosts and they will be showing footage of it at Microsoft's May 21 event and then releasing it on Nov. 5. A teaser has been added to Activision's Facebook (FB) page and the game can be pre-ordered now through Amazon (AMZN)or Gamestop (GME) or even Toys R Us. Gamers can unlock a special Ghosts Gun Camo for Black Ops 2 if they pre-order before July 1. Call of Duty is the most successful franchise in gaming history. The last installment made over $1 billion within 15 days, and since the release of the first title in 2003, the series has sold over 100 million copies. Ghosts will be available on both the new Xbox and PS4, but sorry Nintendo - they are skipping Wii U. Pre-order at Best Buy (BBY)and you receive a $15 gift card.
Electronic Arts will be hitting the holidays with Battlefield 4. Call of Duty will probably outsell Battlefield 4, but it will be tough competition. Pre-orders are being taken now for Battlefield 4 and the title will be released Oct. 31. It is already number four in the USA pre-order chart for the Xbox version at VG Chartz(COD Ghosts has not been tracked yet.) While Activision will be at Microsoft's event on the 21st, EA will be making a presentation at the Stifel technology conference in NY. If you have a longer horizon, EA has acquired the Star Wars license and has opened a Los Angeles office for its DICE studio to begin working on the franchise. According to Game Informer, people "stood up and cheered". But do not expect any titles during fiscal year 2014, which ends on March 31, 2014.
New consoles, new game titles and summer selloff are all colliding to unlock a buying opportunity for video game investors.--Written by Debra Borchardt in New York.
>To contact the writer of this article, click here: Debra Borchardt. Follow @WallandBroad
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