With the economy slowing down, some investors might be wondering how top video game producer Take-Two Interactive (NASDAQ: TTWO) will hold up in the near term. Microsoft reported that its Xbox hardware revenue fell 11% in the quarter that ended June 30. Meanwhile, Logitech International, a leading manufacturer of gaming peripherals, reported a revenue decline of 16% in gaming products in its most recently reported quarter. Read More...
With the economy slowing down, some investors might be wondering how top video game producer Take-Two Interactive (NASDAQ: TTWO) will hold up in the near term. Microsoft reported that its Xbox hardware revenue fell 11% in the quarter that ended June 30. Meanwhile, Logitech International, a leading manufacturer of gaming peripherals, reported a revenue decline of 16% in gaming products in its most recently reported quarter.