FRIDAY: Electronic Arts may lay off employees, Majesco updates fiscal results & GAME opening new stores (UPDATED)

Here are the Daily Bytes for Friday, January 30. Updated during the day so check back for NEW news.

Rumors are circulating that Electronic Arts may cut 55 employees. Also, this could mean that Need For Speed for the PSP is dead.
Majesco (COOL) has updated its fiscal results for 08′. Its new net [...]

THUR, JAN 29: Nintendo (NTDOY) Tanks Over 5 Bucks Per Share!

Nintendo (NTDOY) tanked over 5 bucks per share on guidance and currency issues. NTDOY ended the day at $39.30 after falling $5.35 per share. This didn’t help GameStop (GME) as the game retailer fell $1.82 per share. Konami (KNM) dropped $1.42 per share for the day.
Winner: none
Loser: Nintendo (NTDOY)

TODAY: Nintendo Falls Over $5 per share, Sony Disappoints, and MORE! (UPDATED)

News Bytes for Thursday January 29, 2008. Updated When News Happens. Check During the Day.

Nintendo has fallen over 5 dollars per share to $39.30 on news that Nintendo has cut it’s outlook for the year. Maybe a buying opportunity? Sony didn’t fair as bad only dropping $-.66 / share despite negative [...]

WED, JAN 28: Gamestop (GME), Konami (KNM),Nintendo (NTDOY) and Shanda (SNDA) Join the Dollar Club

Join the dollar club! GameStop (GME), Konami (KNM), Nintendo (NTDOY) and Shanda (snda) all made statements today with gains over $1.00. GME ended the day up $1.77 a share, NTDOY almost joined the 2 dollar club up $1.96, KNM up $1.06 and SNDA - yes, the same SNDA that had a horrible week [...]

Duke It Out! Who will Sell the Most Consoles in 09′ Between the 360 and the PS3…

This is defiantly a toss up. Especially, if you look at the numbers for total sales worldwide for 2008, according to data from vgchartz.com. It was somewhat close, with the Xbox360 clinching victory over the PS3.
If you ask me, I am going to give the advantage to the PS3. Even without a [...]

TUE, JAN 27: Nintendo (NTDOY) bounces back, Perfect World (PWRD) Slips

Nintendo (NTDOY) bounces back from a rather forgettable day yesterday with a +$1.79 gain today. Sony (SNE) had a neat little spike of $.70 per share while Nvidia (NVDA) begged to be heard with an increase per share of $.47. On the International side, NetEase.com (NTES) finished the day up +$.56 and Perfect [...]

Some Electronic Arts, Some Activision, A Little Bit of Comic Con and False Rumors

Daily News for January 27, 2009:

Electronic Arts has axed marketing and PR jobs in the UK as part of their 2009 downsize plan
New Downloadable Guitar Hero World Tour tracks in February. Tracks include musicians: Bob Seger, Paul McCartney, and the Shins.
You know those PSP2 rumors floating around the internet? They are apparently [...]

Before You Start Bashing PS3 Console Sales, You Might Want To Think About This…

There is too much focus on the fact that the PS3 is lagging behind the Xbox360 and the Wii in total console sales. I understand that Sony dominated the console sales last time around and being in 3rd place could be a cause for alarm, but there is a whole side to the picture [...]

MON, JAN 26: Nintendo (NTDOY) Falls Flat, GameStop (GME) Spikes

A non-eventful Monday for the most part. Gamestop (GME) ended the day up $.75, Konami (KNM) up $.58 and Microsoft (MSFT) up $.43 per share. Nintendo (NTDOY) dropped $1.74 per share. Electronic Arts (ERTS) followed with a loss of $.63 per share. Not much to report on the international side as [...]

Power Rankings (for week ending January 23)

Here are the Gametraderdaily.com power rankings for the week ending January 23th. These power rankings are based on this last weeks stock performance in terms of percentage change. These rankings are not meant to be a guide to use to buy or sell shares of stock in a company. Gametraderdaily.com is not responsible for [...]