MCV/DEVELOP News, events, research and jobs from the games industry
On face value, a shortage of day one Wii U stock will be frustrating to all retailers and publishers hoping for a smooth launch day and plenty of hardware and software sales. But the truth is that, managed right, a tighter flow of hardware can avoid any money lost to …
Read More »U will get stock. Eventually.
Wii U stock will be in short supply on day one, Nintendo has admitted. But the firm insists it will be making regular deliveries right up until Christmas in an effort to meet demand. Independent retailers this week told MCV they were unable to obtain enough Wii U consoles to …
Read More »Zynga now "worthless" as stock price continues to tumble
JP Morgan analyst Doug Anmuth has effectively labelled social gaming firm Zynga as worthless”. That is to say that its share value has now fallen so low – $2.35 per share, in fact – that it is no longer worth as much as its securities, which combined represent value of …
Read More »iPhone 5 sells 5m units despite shortage
Apple’s shiny new iPhone 5 has sold 5m units since its launch on Friday September 21st. Specifically, it hit that sales milestone after just three days on the market. It is currently available in the UK, US, France, Germany, Canada, Australia, Hong Kong, Singapore and Japan. In addition, in excess …
Read More »Retail unlikely to discount Wii U at launch
The discounting that ‘blighted’ the launch of 3DS at UK retail will likely be avoided for Wii U. There was a lot of stock of 3DS, which meant we felt we could go lower on price,” one senior retailer exec told MCV. But I don’t expect nearly as much Wii …
Read More »Zynga attacks Facebook as analysts denounce firm as stock falls 40%
It was good while it lasted. The wheels appear to have fallen off Zynga’s bandwagon with stock in the company plummeting an unimaginable 40 per cent in the hours following its devastating financial report. So serious has its fall from grace been that COO John Schappert lashed out at Zynga’s …
Read More »Pachter: Riccitiello fears for his job
EA president John Riccitiello is worried he is at risk of losing his job over the publisher’s falling stock, according to US analyst Michael Pachter. The media pundit told an audience at the Develop Conference that the EA president confided in him about the company’s falling stock. Riccitiello wanted to …
Read More »Nintendo shares fall following E3 presentation
The Japanese stock market has reacted badly to Nintendo’s E3 presentation, with stock in the company falling 2.68 per cent since trading opened today. Nintendo’s conference has been widely criticised by the consumer press, with nearly all lamenting the lack of new games announcements – headline-worthy reveals were expected with …
Read More »Diablo III stocked at some GAME Australia stores only
GAME’s administration has cast a blemish on what should’ve been one of the most exciting days of the year for Aussie PC gamers. It was revealed early today (after rumours emerged yesterday), that customers who pre-ordered the highly anticipated dungeon crawler were receiving emails saying they wouldn’t be able to …
Read More »Witcher 2 coming to GAME as new releases return
Namco Bandai has announced that upcoming RPG The Witcher 2 will be available at GAME and Gamestation. Add this to confirmation that all Reward, Elite and Gift cards are now fully active and restored and it’s yet another step toward both retailers returning to full strength. GAME, Gamestation and Namco …
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