Microsoft, Nintendo challenge Sony's lead in game consoles
Seattle
NOT so fast, Sony. Your two biggest rivals in the game console business, Microsoft and Nintendo, are showing signs of life.
After the last holiday season, when competitors made a series of missteps, Sony looked as if it might gain an unassailable lead in the console market over the course of 2014 with its PlayStation 4. Nintendo was losing money, and Microsoft - which released the Xbox One system around the same time as the PlayStation 4 last fall - lagged behind Sony's sales, a gulf that widened as the new year progressed.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think