Speaking with Forbes in his latest interview, SCEA president Jack Tretton went all out in support of the PlayStation brand and how its success drives the industry forward. To make a long story short, the SCEA big man believes that the industry, as a whole, would be so much better off when it's Sony on top of the food chain. To make the short story a bit longer, read on and get the details.

Nintendo does have a lot of celebrating to do cos the past couple of years have been really good for them. Not only did their gaming consoles (DS and Wii) give them much source of pride -- and profit -- they have also been just recognized as one of the world's most reputable companies, landing in at an impressive #6.

Forbes recently accused Rock Band of being a "shameless knockoff" of Guitar Hero, only with added peripherals. Shame on you, Forbes. You know how much the truth hurts. EA responded to the accusation with a very firm no comment statement.

Irony in the full article.

Well no wonder you've got layoffs in the industry recently - not to mention the shutting down of certain studios and whatnot. According to research conducted by EEDAR, only 4% of the total games out in the market ever make a profit - all other 96% just either break even or lose money. Yeouch.

Sega may not be the console manufacturing giant that it was in the early to mid-90's, but it's pretty happy where it's at right now. The publisher says it's in a good position to succeed and it's looking at companies like THQ to compete with. The game maker, however, said that it doesn't aim to compete with industry giants just yet. More in the full article.

It looks like there's more bad news from the company that can't seem to acquire Take-Two. Electronic Arts is expected to report US$ 111 million in losses at 33 cents per share. This report is for the quarter which ended on June 30. Find out more after the jump!

We haven't run out of Grand Theft Auto 4 (Xbox 360 and PlayStation 3) reports as of late (with recent freezing problems and banning in other countries). This only goes to show that as far as popularity goes, GTA IV is on top of the list. But business publication Forbes wants to know if this hype will be enough to give the Nintendo Wii a run for its money. More at the full article.

In this day and age, it would seem that the boundaries of traditional gender roles are blurring, even with regard to electronic gaming. Forbes, for example, has recently picked up on what appears to be a surge of female interest in the casual game market.

If this sounds interesting to you, feel free to turn to the full article after the jump for more on gender-related gaming.

Atari just received a warning from NASDAQ stating it may be delisted for low stock market value. Even after patching things up with FUNimation, it seems the video game company is in the red once more. Find the details at the full article.

 

A new Forbes report informs us that Namco Bandai Holdings' net profit for the fiscal year (ended March 31) climbed by 71 percent.

This was due to brisk sales of DVDs and game software. The company however predicts slower earnings this year because of the lower-than-expected sales of games for Sony's PlayStation 3. Bandai President Takeo Takasu notes:

PS3 did not make a good start, which will make the transition from the old game console to the next generation system more prolonged than we had earlier thought.

...This will keep a lid on sales of our video games in the first half, although we believe that sales of PS3 will increase in the second half (to March 2008)

Namco bandai says that it has only sold 300,000 copies of Gundam Musou, far lower than their expected 500,000 copies. It is reported that because of this Namco Bandai plans to release only 23 titles (still a lot if you ask other folks) for the PS3 this fiscal year, compared to the 24 titles for Microsoft's Xbox 360, and the 37 titles for Nintendo's Wii.