How the video games industry is faring

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How the video games industry is faring

By The Associated Press

Companies in the video games industry have begun releasing their earnings reports for the latest quarter. Here's a look at selected companies that make or sell video games or machines.

- Oct. 18: Microsoft Corp. says Xbox 360 platform revenue fell 24 percent, or $418 million, mostly because of fewer consoles sold and lower revenue from video games software. The year-ago quarter saw the release of "Gears of War 3," with no comparable major releases in the just-ended quarter. That was offset partly by higher revenue from its Xbox Live subscription service.

- Wednesday: Nintendo Co. says it narrowed its losses in the six months through September, but the Japanese game maker lowered its sales and profit forecasts for the full year ahead of the launch of its new Wii U home console.

Coming up:

- Oct. 30: Electronic Arts Inc., Take-Two Interactive Software Inc.

- Nov. 1: Sony Corp.

- Nov. 5: THQ Inc.

- Nov. 7: Activision Blizzard Inc.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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