GameStop beats Wall Street’s low expectations for second-quarter earnings

GameStop reported numerous losses for its second-quarter earnings, but digital sales rose.

Why you’re likely to be playing Grand Theft Auto V by March

Gamers could be playing the next Grand Theft Auto by next spring, analysts agree.

Facebook to meet Q2 expectations in first earnings report as a public company

Come Thursday, Facebook will give Wall Street exactly what it is expecting: a satisfactory earnings report, with second quarter revenue around $1.15 billion and earnings per share of $0.12, according to investment firm Wedbush.

Wedbush modeled Facebook’s Q2 revenue at …

June retail video game sales expected to be a dud

U.S. video game sales for the month of June are expected to be down 34 percent compared to a year ago, according to a forecast released overnight by analyst Michael Pachter of Wedbush Securities.

Sales are a closely watched barometer …

Activision Blizzard’s quarterly earnings report predicted to shine come Wednesday

Activision Blizzard will report its first-fiscal-quarter earnings on Wednesday, May 9, after the market close. This will come two days after its arch-rival Electronic Arts reports its earnings, and the two together will paint a better picture of the grudge match between EA's Star Wars: The Old Republic and Activision Blizzard's flagship online game World of Warcraft.

Analysts: THQ has taken a step in the right direction

Many eyes in the gaming industry will be on THQ on Thursday, Feb. 2 when it releases its financial results for the third quarter of fiscal 2012. The video game publisher’s future has been questioned recently after multiple layoffs, rumors …

THQ to drop licensed kids’ games and focus on “core” content

Video game publisher THQ today announced it is officially shifting its focus from traditional kids’ licensed games to “core” franchises such as Saints Row, UFC, and Darksiders in order to become a more streamlined organization. The announcement comes after recent …

CEO claims Zynga could double paid users after IPO, and he’s probably right

Zynga co-founder and chief executive officer Mark Pincus said today that his company could double its number of paid subscribers.

Zynga has about 215 million monthly users. Roughly 7.7 million of these users have purchased Facebook Credits, which can be …

Reader poll: Which pundit best summed up the stock market slide?

The pundits were out in force today as they described the big drop in the stock market. Which quote was your favorite?

“Markets will rise and fall, but this is the United States of America,” Barack Obama said. “No matter …

A GamesBeat 2011 debate: Will the deep end or the shallow end of gaming thrive?

Today we’re revealing the ninth group of speakers for our third annual GamesBeat 2011 conference. These speakers are going to engage in a debate about The Shallow or the Deep End of Gaming. Trion Worlds’ Lars Buttler will argue that …