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How the video games industry is faring

By The Associated Press
April 30, 2012
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A look at results from selected companies in the video games business:

April 12: Market tracker NPD Group says U.S. retail sales of video game hardware, software and accessories fell 25 percent in March from a year earlier to $1.1 billion. It marked the fourth month of decline as Sony Corp.'s new PS Vita handheld failed to spark a turnaround. Electronic Arts Inc.'s "Mass Effect 3" was the top seller in the month.

April 18: Video game maker THQ Inc. says its expects adjusted loss and revenue in the latest quarter will come in above Wall Street's expectations because of better-than-expected digital sales and strong sales of "Saints Row: The Third" and "UFC Undisputed 3."

April 19: Microsoft Corp. says revenue from Xbox 360 products and services fell 33 percent. Although it got more revenue from its Xbox Live subscription service, it sold about half the Xbox 360 consoles it did a year ago and fewer stand-alone Kinect motion-control sensors.

April 26: Nintendo Co. reports a $533 million loss for the fiscal year that just ended as weak sales of the Wii home console and the strong yen eroded earnings. Nintendo sold 9.8 million Wii machines during the fiscal year, fewer than the 15 million a year earlier and below its initial hopes of selling 13 million machines.

Coming up:

May 7: Electronic Arts Inc

May 10: Sony Corp.

May 15: THQ Inc. (quarterly earnings)

Not yet known: GameStop Corp.

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