Tag Archives: msft

Noteworthy ETF Inflows: XLK, AAPL, MSFT, GOOG

Looking today at week over week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Technology Select Sector SPDR Fund (Symbol XLK) where we have detected an approximate $280.3 million dollar

GameStop analysts split on digital download threat

Wall Street analysts are split over whether video game retailer GameStop (GME) is doomed to suffer the same fate as Blockbuster Video, following news that Electronic Arts (EA) is launching a subscription online game service. Benchmark analyst Mike Hickey said the future isn’t bright for GameStop’s brick-and-mortar stores. EA’s new service, EA Access, will allow owners of Microsoft’s (MSFT) Xbox One console to play downloadable catalog games from EA for a low subscription price ($4.99 a month or $29.99 for the annual plan). EA Access members also will get 10% discounts on new games and add-on content, plus the ability to play trial versions of upcoming games up to five days before they launch. “For GameStop, we see this as a decided negative, as the program could dismantle their core value proposition (used trade) and their core business (physical delivery of goods), both of which should prove to be an…

GameStop hammered by threat from EA online service

Video game retailer GameStop faced renewed comparisons to the defunct Blockbuster Video on Tuesday after game publisher Electronic Arts announced a new online subscription service for Microsoft’s Xbox One console. GameStop (GME) stock fell as much as 9% on the news Tuesday, ending the day down nearly 6% to 43.43. GameStop stock has been shaken in the past by concerns that digital downloads and Internet streaming would make its sales of packaged software as obsolete as renting movies from a brick-and-mortar store. Electronic Arts (EA) said its new service for Microsoft ‘s (MSFT) Xbox One is called EA Access. The service starts at $4.99 a month and is being rolled out to a limited number of gamers in a beta test. EA didn’t give a date for the official launch of EA Access, except to say that it will be soon. “During the beta, gamers will have unlimited access to four…