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Video game makers shares climb on strong holiday demand
Card Consolidation Credit Debt Holiday video game sales rose 11 percent in November according to analysts with Microsoft's Halo II and Take-Two Interactive's Grand Theft Auto accounting for 1/3 of sales.
(AXcess News) Electronic Arts ( ERTS), the largest manufacturer of video games in the world, is buying Jamdat Mobile ( JMDT), a maker of video games for mobile phones, for $680 million. News of the deal pushed Jamdat shares up $4.29, or 18.84 percent, to close at $27.06. market trading, Jamdat shares eased 30 cents or 1.11 percent. Founded in 2000, Jamdat was one of the first companies to make video games for mobile phones. maker through its IPO last October and will remain with the company, EA said.
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Copyright 2006 Michael V. Gruber, MPH When it comes to online video games, the market is a strong one, and being a video game designer can be a lucrative career. Unlike technological fads that may come and go, the video game industry has only grown stronger since its beginning, and video games are appealing to a wide demographic. A video game designer will be in constant demand as long as he or she has the training and the skills to keep up in this highly lucrative and competitive business.
Merchant Credit Guide Co Dec 10, 2004 (AXcess News) New York - Holiday video game sales rose 11 percent in November according to analysts with Microsoft's Halo II and Take-Two Interactive's Grand Theft Auto accounting for 1/3 of sales.While figures show a strong rise in sales those numbers are misleading if you take out the two dominant players numbers. Microsoft Corporation (NASDAQ: MSFT) saw 3.3 million of its Halo II video games fly from retailers shelves while Take-Two Interactive Software (NASDAQ: TTWO) booked 1.5 million video game sales of its Grand Theft Auto: San Andreas.
Which holiday movie are you most looking forward to seeing (For more movies, trailers, games and prizes, click to our Holiday Movie Guide)
Apply Online For Credit Card Video game console sales of Microsoft's X-box were up nearly 52% in November compared to figures from last year at that time. Sony Corp (NYSE: SNE) suffered set backs in November, unable to get components in time for their Playstation 2 delivery. Sony's console sales were off 18% compared to last year.
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By Card Credit Debt Debt Guide Standard & Poor's reported that it raised its outlook for Activision (NASDAQ: ATVI) after the hand-held and console game makers sales for October and November rose 27%. Sales were led by its Tony Hawk's Underground 2 and X-Men Legends video games. Both games can be played on cross-platforms using X-box or Playstation 2.S&P Equity Research, which rates the company at "buy," raised Activision's 12-month target price to $20 from $18.
Other features not including basics are a stereo media player, a MP3 + MPEG4 player, music + video on demand, instant messaging and 3D games.
Credit Repair Electronics Boutique (NASDAQ: ELBO) is planning to offer video games to cell phone users according to a story in Motley Fool.AdvertisementSteven Mallas over at the Fool said that a subsidiary of THQ (NASDAQ: THQI), THQ Wireless, inked a deal with LukasFilm for Star Wars. The brand is to be offered to cell phone users, according to Mallas.
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