CMA examines auto-renewal terms for Switch, PlayStation and Xbox subscriptions The Competition and Markets Authority (CMA) has launched an investigation into Nintendo Switch, Sony PlayStation and Microsoft Xbox amid fears that the way subscriptions to …Read more
Fans splash out on consoles, virtual reality headsets and events as they defy spending gloom
The UK games market broke the £5bn sales mark for the first-time last year as Nintendo’s new hybrid Switch console boomed and virtual reality headsets flew off the shelves.
Gaming fans forked out £5.11bn on consoles, games, hardware such as headsets and attending events – a 12.4% year-on-year rise – as the sector defied a wider downturn in consumer spending.Read more
Hybrid between a home console and a handheld machine looks set to be games company’s first big hit since the Wii
Nintendo’s share price has hit its highest point in seven years, thanks to booming sales of the new Switch, its hybrid between a traditional home console and a handheld gaming machine.
The company’s share price is up 102% year on year as the Switch looks set to be the company’s first bona fide hit since the Wii hit the shelves more than a decade ago.Read more