New Video Game Consoles Are Hurting GameStop

Were 30244698-121342114.240x160this any other transition period for the video game industry, GameStop stock would be soaring these days.

Instead, the stock has been largely flat — climbing less than one point year to date, noticeably underperforming the market’s seven percent gains — as well as other companies in the gaming space.

Read more at CNBC.com

New systems seek to unseat Sony, Microsoft and Nintendo in 2013

The newconsoles-top630console war is about to get a lot more crowded.

While announcements of next-generation devices from Microsoft and Sony are bound to grab headlines this year, a wave of new machines from various corners of the games industry is threatening to shake up the traditional three-company battle over your living room.

Read more at Yahoo! Games

Report: Next Xbox coming by 2013 holiday season

Enjoy xbox360-subscriptionthat time as the only next-generation console on the market, Wii U. The competition is coming sooner than you might think.

Bloomberg reports Microsoft will release its next generation Xbox in time for the 2013 holidays. While the date has been widely expected, the news service says unnamed company insiders have now confirmed the time period.

Read more at Yahoo! Games

20 predictions for next-generation consoles

Now that Nintendo has priced and dated the Wii U, it’s only a matter of time before people once again start trying to guess what Microsoft and Sony have in store. Other than unnecessary redesigns, that is.

Aside from secondhand information from developers, there aren’t many facts out there regarding the Xbox 720 (technical codename: Durango) or the PlayStation 4 (technical codename: Orbis). But they’re both definitely coming, so we’re heading out on a very large, very shaky limb today by blasting out some informed predictions for what gamers might expect in the near future. While we don’t expect every one of these to come true, we’re sure going to brag about the ones that do. Take it away, crystal ball!

Read more at Yahoo! Games

Alleged Xbox ‘Durango’ development system sells for $20K on eBay

Despite plenty of leaks, Microsoft has yet to officially confirm that it’s working on the next Xbox. But the first one may already have been sold.

An eBay auction over the weekend found a buyer for a purported Xbox ‘Durango’ Development Kit — a system game developers use to create games for the upcoming console. The buyer, who remained anonymous, shelled out $20,100 for the kit, which apparently looks like a black computer tower.

Read more at Yahoo! Games

Alleged Xbox ‘Durango’ development system sells for $20K on eBay

Despite plenty of leaks, Microsoft has yet to officially confirm that it’s working on the next Xbox. But the first one may already have been sold.

An eBay auction over the weekend found a buyer for a purported Xbox ‘Durango’ Development Kit — a system game developers use to create games for the upcoming console. The buyer, who remained anonymous, shelled out $20,100 for the kit, which apparently looks like a black computer tower.

Read more at Yahoo! Games

Ubisoft’s Guillemot: New consoles are overdue

With the current console generation in the midst of its eighth year — and retail game sales sliding for the past seven months — there’s little argument that the Xbox 360, PlayStation 3 and Wii have become a bit long in the tooth. There might be plenty of power left to exploit from their components, but from a consumer standpoint, people are ready for something new.

So is Yves Guillemot. The CEO and co-founder of Ubisoft says his company has plenty of strong titles doing well these days, but the publisher revels in new hardware launches.

Read more at Gamasutra

Leaked ‘Xbox 720′ document alleges 2013 launch, augmented reality glasses and more

Microsoft left a lot of people hungry for details about its next-generation console system at this year’s E3. This past weekend, however, those people had plenty to chew on, courtesy of a leaked document that purports to offer plenty of previously unannounced details on the system.

The 56-page document, which first surfaced in the popular NeoGAF forums, presents itself as a road map for the Xbox system through 2015, including alleged details on the so-called Xbox 720, a unique glasses display, and a focus on cloud gaming.

Read more at Yahoo! Games

Pushing Graphic Limits: Videogames, the Next Generation

Nintendo and Sony took pains to avoid mentioning their next-generation console systems at this year’s E3 videogame conference. But their publishing partners had plenty to say.

While no independent publishers were willing to come out and call the graphically-intense games they had on display “next generation,” many quietly confirmed that they were showcasing what consumers can expect to see when the Xbox 720 and PlayStation 4 finally hit the market in late 2013.

Read more at CNBC.com

Will New Videogame Consoles Sell?

As Nintendo prepares to launch the Wii U later this year and Microsoft andSony gear up for expected 2013 launches for their next generation consoles, there’s a sense of excitement building in the videogame industry — but there’s also a sense of fear.

The market has changed considerably since the launch of the Wii, Xbox 360 and PlayStation 3 — and while new console launches used to be a surefire way to reinvigorate both core and casual gamers, nobody’s certain if that will happen this time.

Read more at CNBC.com