By CCN Markets: Console wars return for season five! Who will win the bloody free-for-all this year? The team that sucks less, of course. The main points for each team have been listed below, but they are operating with thin margins to bring their visions to fruition. A comparable gaming PC is projected to be much, much more expensive when compared to the expected launch prices of the PS5 and Microsoft’s Xbox ‘Project Scarlett’. PS5—The Unnamed Project With an unconfirmed potential release date slated for “early 2020” and a generally expected launch price around $ 500, the PS5 is set to clip
Nvidia’s Q4 Earnings Will Suck, But it’s Not Crypto Winter’s Fault
Nvidia investors got a nasty surprise this morning when the chipmaker announced its Q4 fiscal 2019 earnings could come in $ 500 million short of original estimates. While Nvidia has repeatedly blamed its financial woes on a decline in cryptocurrency mining-related demand in the past, it’s acknowledging that it’s baby — the gaming industry — remains a significant problem. The chipmaker dropped its guidance to $ 2.2 billion from $ 2.7 billion, and the news sent its share price into a tailspin. Nvidia’s Bread-and-Butter Customer-base is Cooling Nvidia blames weaker-than-forecasted sales of its gaming and data center platforms for the guidance cut. Deteriorating