BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Video game sales drop again; recovery still far away]]>http://www.bloggingstocks.com/2009/06/12/video-game-sales-drop-as-recovery-is-still-far-away/http://www.bloggingstocks.com/2009/06/12/video-game-sales-drop-as-recovery-is-still-far-away/http://www.bloggingstocks.com/2009/06/12/video-game-sales-drop-as-recovery-is-still-far-away/#commentsFiled under: , , ,

May marked the third-straight month that video game software sales dropped, a sign that the economic downturn continues to weigh on the gaming sector. NPD Group released its video game sales data yesterday afternoon, reflecting sales that fell to $448.9 million during May. These monthly results are 17% lower than the same period last year. The drop in software sales was somewhat expected, as the Street called for a drop between 15% and 20%. Hardware sales dropped 30% during May, totaling $302.5 million.

But the comparisons are difficult as major hits were released during spring 2008, including Grand Theft Auto IV, Mario Kart, and Super Smash Bros. Brawl. There were no such major hits released this year.

Continue reading Video game sales drop again; recovery still far away

Video game sales drop again; recovery still far away originally appeared on BloggingStocks on Fri, 12 Jun 2009 10:30:00 EST. Please see our terms for use of feeds.

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Starbucks Earnings PreviewEarnings season continues to move right along, and Wednesday following the market close coffee giant Starbucks Corporation (NASDAQ: SBUX) will get its chance to impress Wall Street.

The last time that the company reported earnings was back on January 28 when it failed to meet analyst expectations by posting 15 cents per share versus analyst estimates for 17 cents a share. This time around, analysts are looking for the company to show 15 cents a share for its fiscal second quarter.

Continue reading Starbucks second quarter earnings preview

Starbucks second quarter earnings preview originally appeared on BloggingStocks on Tue, 28 Apr 2009 17:40:00 EST. Please see our terms for use of feeds.

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