Immersion reported fiscal 2Q19 revenues of $8.74 million, up 42% year-over-year and beating the $8.68 million consensus estimate.
Google’s first ever product keynote at GDC 2019, in San Francisco this week, hosted the announcement of its upcoming cloud-based game streaming service, Stadia. Integrated with the company’s existing cloud computing infrastructure, the service is being developed with the cooperation of major industry partners, including Epic Games and Ubisoft. This move leverages Google’s recent high profile hires from the games … Read More
When Phil Spencer, Executive President of Gaming at Microsoft, announced that Project Scorpio would become VR compatible, gaming and VR fans have been anticipating what the compatibility and ecosystem would look like. Will Xbox be Oculus Rift compatible? Or will Xbox become a part of the ever-growing Micorosft MR platform? Since that announcement, there have been doubts as time has … Read More
Highlights Sony executive says the PlayStation 4 is entering the final phase of its lifecycle With lower future unit sales growth, corporate operating results may be negatively impacted Sony plans to reinforce content IP in order to increase engagement with the PlayStation Network. Sony Corporation held its annual Corporate Strategy Meeting where company executives unveiled the corporate direction and mid-term strategy that charts … Read More
SAN FRANCISCO (April 11, 2017) — In its new Virtual Reality Industry Report: Spring 2017, Greenlight Insights forecasts total virtual reality revenues to reach $7.2 billion globally by the end of 2017, of which, head-mounted displays (HMDs) will account for $4.7 billion. Anticipating modest growth in the short term, Greenlight Insights expects the VR industry to grow into a major … Read More
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