Sony share prices fall with record annual loss, Xbox 360 continues to sell well

As we come to the inevitable end of this console generation, it can be a time to reflect back on where each company made their mistakes. Many have attributed the slow start of the PS3 to the lack of strong exclusives and unwillingness of the public to adopt Blu-Ray. Fast forward to 2009 and many were predicting that Sony would not only catchup, but over take the sales of the Xbox 360. Sony continued to employ strategies like price cuts and the more frequent release of new exclusives, but the sales never over took their main competitor. Not only have Sony had to remain in third place for the entire generation, but they have been posting continual annual losses, with this year's being a particularly large hit to the company.

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Zynga makes an overall loss of $400 million in 2011

Despite over 58 million people playing their games EVERY day Zynga reports a loss of $400 million last year. The announcement that was made in the Zynga Reports Fourth Quarter and Full Year 2011 Financial Results may come as a surprise to some people.

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Kingdoms of Amalur: Reckoning tops the UK video game chart.

Kingdoms of Amalur: Reckoning has taken the top spot in the UK gaming chart this week. The announcement should come as no surprise as the game was not only highly anticipated, but seems to have delivered on a promise.

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3DS sells more units than Wii did in its first nine months

Nintendo’s newest handled has already broken the benchmark that the Wii set for its first 9 months. The 3DS sold more than four million units in the US, Nintendo announced in a press release. In addition to the impressive hardware sales, Super Mario 3D Land and Mario Kart 7 were announced as the fastest-selling games in their respective franchises. Initially when the 3DS released, there was rampant concern on whether it would be able to sell as well as its predecessor after it failed to reach Nintendo’s projected first month numbers. Fast forward eight months and the 3DS looks like a burgeoning powerhouse.

Bastion exceeds expectations selling over 500,000 units

The critically acclaimed indie game has been a great commercial success. The action-RPG game developed by Sugergiant Games was released by on XBLA in July and on Steam in August, where it was received as a refreshing unique experience. The total sales from both sources surpassed 500,000. The company recently announced the sales details on its blog. Supergiant Games also noted that recent price cuts and sales promotion, due to the holiday season, aided them in reaching that astronomical benchmark.

Amazon Gold Box, BOGO and Music and Dance Video Game Day

Amazon is running a video game Gold Box Event, a BOGO 50% off sale for over a thousand games and Day 7: Music and Dance Day of the 19 Days of video game Deals sale. There are so many great video game sales going on today that it would be more difficult for you not to find something that you wanted. These deals won’t last long, so even if you’ve already got your holiday shopping done, break out your wallet and get yourself a present.

Video Game Accessories Day at Amazon

Amazon is continuing its 19 Days of Deals sale today with video game accessories. There are accessories for the Sony PlayStation 3, Microsoft Xbox 360, PC, Nintendo Wii, Nintendo DS and the Nintendo 3DS on sale for great low prices. Today is likely the only day that you’ll be able to save up to 45% on these gaming accessories at Amazon, so don’t put off checking out the excellent selection.