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Posts Tagged ‘Stock’

Apple Becomes Most Valuable Brand In The World, Google Falls To 2nd

by Ernice Gilbert on May 9th, 2011, under Apple, Hot, News

I remember when Apple was just sitting there…I do. It was in the early 2000s, and then the iPhone got introduced. I also remember watching CNBC when the revolutionary device launched, the company’s worth sat at around $32 per stock, but once the phone launched, it immediately shot up, instantly raising the company’s value. It was the beginning of Apple’s rise, and now, Steve Jobs and the gang has managed to nurture Apple into the most valuable brand in the 21st century, beating back Google to second most valuable.

Agony: Sony’s Seventh Generation PlayStation Story

Inside Sony Japan, where most massive company decisions are made, the mood must have been joyful when it was time to release PS3: “Guys we have no competition!” PlayStation father Ken Kutaragi must have proclaimed. “PS2 is the most successful console ever made, and with over 130 million (at the time) sold, the PS3 will have even more success!” I imagine he didn’t stop there either, with his confidence beaming, and Sony wanting to once again put out the most compelling machine they’d ever forged, all sorts of technology must have been considered, and although price would’ve definitely be an issue, Sony wasn’t afraid.

“They’ll buy it!” I could hear Hirai siding with Kutaragi, “it’s PlayStation, damn it! Look at how many PS2s were sold!” Things were getting a bit touchy though, price range had shot up from $399 to now $599 and some execs were perturbed. “Are we showing too much confidence in our userbase?” Another thought to himself, yet he failed to utter the thing, since the two big dogs in the room held all the say. So Blu-Ray was implemented, OtherOS, Cell Technology – and the final product was a massive technological accomplishment, but one that came with a great price.

Microsoft Says It Won’t Be Able To Fulfill Demand For Kinect

by Ernice Gilbert on January 8th, 2011, under Hot, Microsoft, News, Uncategorized

Kinect is successful. In every sense of the word. So successful it is that Microsoft’s senior director of PR for Entertainment Services Jose Pinero thinks his company won’t be able to meet demand at retail for the next two months.

Square-Enix Stock Holder Goes Mental Over Final Fantasy XIV, Sells Everything

by Ernice Gilbert on October 14th, 2010, under Hot, News, Square-Enix

When Final Fantasy XIV came out, Square-Enix didn’t want websites to review the game because, according to them, it wasn’t ready for a review. But my God, if a game’s not ready to be reviewed, why release it? It doesn’t make any sense.

Websites went ahead and reviewed the game anyway, and to make long story short, they failed it, pretty bad. Those who reviewed the game weren’t the only ones disappointed with the Massively Multiplayer Online (MMO) game, however, and for one major fan of the company, who also happens to own some Square-Enix shares, enough was enough.

He sold it all, causing a temporary drop in the company’s stock that’s valued around US $2.6 billion on Wall Street.

EA Stocks Down 6 Percent On Mixed MOH Reviews, Company Unmoved

by Ernice Gilbert on October 12th, 2010, under Dice, EA, Hot, News

EA shares tumbled almost six percent today after lower than expected review scores started piling in. At first, the scores were decent, with most sites rating the game in the 80s, but then 6/10s started showing up leading to a metascore that now stands at 74.