Retailer's second fiscal quarter results fail to meet analyst and investor estimates. Company lowers third quarter estimates as a result.
Despite reporting a rise in sales and earnings, GameStop's share value subsequently fell by 8 per cent. Trading opened significantly lower after the company's second quarter figures were revealed, closing the day on $19.06, an 8.2 per cent drop on the previous day's $20.76.
Working under the name of Increpare, Stephen Lavelle makes games very quickly with absolutely no budget, by the looks of it. Frequently collaborating with other designers and working across a range of software platforms from Flixel to Unity, his offerings tend to turn on an intriguing, troubling idea, swiftly executed.
91 per cent of boys and 93 per cent of girls aged eight to 11 years old play online games, according to US survey. Analyst says kids' market overlooked.
The report also concludes that Sony's PSP has the largest gender discrepancy, with 17 per cent of surveyed teen girls playing games on the device compared to 44 per cent of teen boys. Nintendo's DS, however, dominated the handheld sector for both the teen and 'tween' sector.
Next week is the eighth annual Edinburgh Interactive festival. We take a look at what to look forward to.
Realtime Worlds administrator says 23 of the 60 strong team have been re-employed due to interest in the social gaming property.
Begbies Traynor, the adminstrators for ailing APB developer Realtime Worlds, has announced that 23 members of staff have been re-employed. The staff were part of the 60 strong Dundee team which was working on social game Project MyWorld, and were all made redundant earlier in the month.
Google opens its app store for developer preview and reveals additional transaction and registration fees.
The publisher has unveiled Wii exclusive uDraw Studio and uDraw GameTablet for use with it, to be released next year.
THQ unveiled the uDraw GameTablet, a drawing tablet peripheral for Wii, at Gamescom this year. The device will be bundled with the publisher's new art game uDraw Studio, which is scheduled for launch early 2011.
The bundle will retail at $69.99, while two further games, uDraw Pictionary and Dood's Big Adventure, will be released at the same time priced at $29.99 each.
The publisher joins Activision, The Creative Assembly and Blitz Game Studios in Dundee to interview Realtime Worlds staff.
Sony Computer Entertainment Europe is the fourth company to announce that it would be holding a recruitment event in Dundee following the announcement that Realtime Worlds had entered administration.
The videogame retailer reports increased earnings and profitability in its second fiscal quarter.
GameStop has reported a rise in sales for the quarter ended June 31, its second fiscal quarter. Sales rose 3.4 per cent to $1.80 billion (£1.15 billion), compared to $1.74 billion (£1.11 billion) for the same quarter last year. Net earnings increased by 4.2 per cent to $40.3 million (£25.8 million) from last year's $38.7 million (£24.8 million) in the same quarter.
Middle-earth MMO introducing new pricing model, online store and VIP memberships. Story also extended.
Turbine's Lord Of The Rings Online will launch its free-to-play service on September 10. A new pricing model will allow players to play for free up to level 50 as well as purchase expansions, quest packs, items and account services via a Lord Of The Rings Online store. Players can also choose to pay a single fee and become a VIP member with unlimited access to all of the game's content.
Call Of Duty: Modern Warfare 2 remains the most popular game this week, while Red Dead Redemption and Madden NFL 11 round out the top three.
Toy Story 3 retains top spot while Madden NFL 11 debuts at number ten on the UK all formats chart during the week ended August 14.
After tussling with StarCraft II over the previous two weeks, Disney’s title keeps the number one position for the second week in a row. StarCraft II drops out of the top ten, however, to 12.
Format: Xbox 360, PC, PS3
Release: Out now
Publisher: Eidos / Square Enix
Developer: IO Interactive
Screenshot gallery
Sean Murray When I was a student I ate a lot of shit pizza.
I should probably have eaten better and gone out less. I shouldn't have played Metal Gear to see the different ending with Otacon, and I certainly shouldn't have collected every Chocobo in Final Fantasy.
Sony reveals the catch-up TV service will launch in October in the UK, with other countries receiving comparable services.
Speaking at Gamescom 2010, Sony announced that catch-up TV service ITV Player would be coming to the PS3 in the UK and gave more details on film streaming service MUBI.
We never got round to taking those Spanish evening classes. We didn’t do those Maya tutorials like we promised ourselves we would. We haven’t even cleaned out the fish tank. We have, meanwhile, found the time to collect all of the agility orbs in Crackdown 2. The disparity between our willingness to self-improve in the real world and level up in the virtual one is well documented.
Sony rumoured to be showcasing new handheld to publishers which features touch-sensitive controls on the rear of the device.
Three seperate anonymous sources have told Eurogamer that Sony is showcasing an unfinished next-generation PSP to publishers at the moment. According to the sources, the device is comparable in size and design to the PSP-3000 and features touch controls on the back.
Aurora Feint's new cross-platform service will allow iOS and Android device users to send each other game invites.
Aurora Feint, the developer behind social game network OpenFeint, has announced a new viral game distribution system that will connect iOS and Android users. The system will eventually allow players on either platform to send SMS and email game invites to each other.
UNICO National criticises Take-Two for "negatively portraying" Italians in its latest game. Take-Two responds, defending the title.
UNICO National, an organisation that claims to be the largest Italian-American service in the U.S., has criticised Take-Two Interactive's portrayal of Italians in Mafia II. UNICO president Andre DiMino is demanding that Take-Two delays the release of the title, which is due to launch on August 24, calling it a "pile of racist nonsense".
The Killer 7 developer partners with Hungarian studio to create a range of digitally-distributed titles.
Killer 7 and No More Heroes developer Grasshopper Manufacture and Hungarian studio Digital Reality have announced a co-development partnership. The union will focus on digitally-distributed games.
The Creative Assembly and Blitz Game Studios announce recruitment events for staff from ailing APB developer, Realtime Worlds.
The Creative Assembly and Blitz Games have joined Activision in setting up recruitment meetings in Dundee for staff from Realtime Worlds. The APB developer entered administration on Tuesday.
Administrator Begbies Traynor says that 53 jobs have been retained at the Dundee developer; company owes creditors in the UK in the region of £3 million.
Joint administrator Paul Dounis has said that Realtime Worlds is attracting interest from potential buyers in both the UK and US. “We are actively pursuing all these expressions of interest which have come from both the UK and US,” he said in a statement this afternoon.
As an animation software developer, NaturalMotion has seen its Euphoria engine powering everything from the flailing storm troopers of Star Wars: The Force Unleashed, to the stumbling horses of Read Dead Redemption. It can also be found at the very heart of Backbreaker, the studio’s own American football game.
Torchlight’s success took even its creators by surprise. Designed to introduce players to the world in which Runic Game’s upcoming MMORPG would be set, the Diablo-esque RPG resonated with players craving an accessible dungeon crawler, and left many fans demanding a sequel – this time with a multiplayer mode.
Valve's sequel to debut on February 9 next year. Stephen Merchant also confirmed as voice actor.
Speaking to Game Informer at Gamescom, Valve confirmed Portal 2's release date and also said that Wheatley, the friendly robot in the reveal trailer, will be voiced by British actor and writer Stephen Merchant.