This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include without limitation those about the Company’s expectations regarding the impact of the COVID-19 pandemic; anticipated revenue, gross margin, operating expenses, other income/(expense), and tax rate; plans for return of capital; and our goal of maintaining a net cash neutral position. These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. Risks and uncertainties include without limitation: the effect of the COVID-19 pandemic on the Company’s business, results of operations, financial condition, and stock price; the effect of global and regional economic conditions on the Company’s business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services, and technological innovations on a timely basis; the effect that shifts in the mix of products and services and in the geographic, currency, or channel mix, component cost increases, increases in the cost of acquiring and delivering content for the Company’s services, price competition, or the introduction of new products or services, including new products or services with higher cost structures, could have on the Company’s gross margin; the dependency of the Company on the performance of distributors of the Company’s products, including cellular network carriers and other resellers; the risk of write-downs on the value of inventory and other assets and purchase commitment cancellation risk; the continued availability on acceptable terms, or at all, of certain components, services, and new technologies essential to the Company’s business, including components and technologies that may only be available from single or limited sources; the dependency of the Company on manufacturing and logistics services provided by third parties, many of which are located outside of the US and which may affect the quality, quantity, or cost of products manufactured or services rendered to the Company; the effect of product and services design and manufacturing defects on the Company’s financial performance and reputation; the dependency of the Company on third-party intellectual property and digital content, which may not be available to the Company on commercially reasonable terms or at all; the dependency of the Company on support from third-party software developers to develop and maintain software applications and services for the Company’s products; the impact of unfavorable legal proceedings or government investigations; the impact of complex and changing laws and regulations worldwide, which expose the Company to potential liabilities, increased costs, and other adverse effects on the Company’s business; the ability of the Company to manage risks associated with the Company’s retail stores; the ability of the Company to manage risks associated with the Company’s investments in new business strategies and acquisitions; the impact on the Company’s business and reputation from information technology system failures, network disruptions, or losses or unauthorized access to, or release of, confidential information; the ability of the Company to comply with laws and regulations regarding data protection; the continued service and availability of key executives and employees; political events, international trade disputes, war, terrorism, natural disasters, public health issues, and other business interruptions that could disrupt supply or delivery of, or demand for, the Company’s products; financial risks, including risks relating to currency fluctuations, credit risks, and fluctuations in the market value of the Company’s investment portfolio; and changes in tax rates and exposure to additional tax liabilities. More information on these risks and other potential factors that could affect the Company’s business and financial results is included in the Company’s filings with the SEC, including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.
Amazon customers with missing consoles offered new PS5 stock – Eurogamer.net
With a deadline to accept by this weekend.
Amazon has begun contacting customers hit by its launch day missing-presumed-stolen PlayStation 5 disaster, and is offering a priority order for a replacement.
But because all affected orders were mass-refunded last week, this will now mean ensuring payment details are up to date and accepting a new £449.99 charge.
One affected customer – Push Square managing director Anthony Dickens – shared the email he received from Amazon via Twitter. In the message, Amazon gives a deadline of 23:59 UK time this Saturday, 5th December to accept.
You’ll need to contact Amazon via its website livetext or phoneline to sort this (affected customers should already be familiar with those!). After that it should be job done, and there’s no need to put in a new order via Amazon’s website or sit and wait around for whenever new stock actually goes on sale.
— Anthony Dickens (@antdickens) December 2, 2020
@tomphillipsEG Its happening! Amazon found me a replacement ps5!
— Paul Denning (@Podbod10k) December 2, 2020
“Please note that this offer is solely for the purpose of replacing the PlayStation 5 that you ordered,” Amazon’s email reads. “It cannot be transferred to another customer and cannot be used to purchase additional units of the PlayStation 5.”
I’ve just heard from a couple of the customers I’ve been speaking with over the past few weeks who have also received similar emails from Amazon. If you’re an affected customer, it’s worth checking to see if you’ve received one too. And if you’re left waiting, do let us know.
Amazon previously pledged to “put it right” for all affected customers after shockingly widespread claims of stolen deliveries. One customer even pursued their PS5 order to the depot, where they were told a driver would be sacked.
Earlier this week I contacted Amazon to ask what it was doing to investigate its PS5 launch day issues, and whether it could reassure customers with future orders over the security of their orders. The company has yet to respond.
PS5 comes out top in massive month for console sales | UK Monthly Charts – GamesIndustry.biz
Almost 900,000 games consoles were sold in the UK during November, according to the last GfK market data.
The hardware data is for the four weeks ending November 28th.
In terms of home consoles (not handhelds), it is the eighth biggest month for console sales and the second biggest month for console revenue, behind December 2013, which was when PS4 and Xbox One received big new shipments.
The most successful machine of last month was the newly released PlayStation 5, which means that Nintendo Switch had to settle for second place for only the third time in two years. Even so, it was a big month for Switch, with hardware sales up 96% over the previous four weeks. The console had a very successful Black Friday, and so far this year, Switch hardware sales are up 63.1% year-on-year.
In terms of boxed software, 2.38 million games were sold in the UK last month (October 25th – November 21st). Switch games were the most popular of the month, accounting for nearly 35% of all games sold, followed by PS4.
Nintendo was the top publisher of the month thanks to continued strong sales of Animal Crossing: New Horizons, Mario Kart 8: Deluxe, Minecraft and Super Mario 3D All-Stars. The company held off strong competition from Ubisoft, which saw big sales of Assassin’s Creed Valhalla (No.2) and Watch Dogs: Legion (No.5).
The biggest selling new game of the month was Call of Duty: Black Ops Cold War. The Activision shooter sold significantly fewer boxed units than previous games in the franchise, with the vast majority of sales coming via digital download.
The other big new game in the charts is PS4 and PS5 game Spider-Man: Miles Morales. The title reached No.4 and primarily sold on PS5. In fact, it was comfortably the biggest PS5 launch game, ahead of Call of Duty.
The launch of new consoles unsurprisingly caused a spike in the accessories market. Nearly 1.25 million accessories were sold in November (October 25th – November 21st), which is up 61.4% month-on-month and 48.3% compared with last November.
The best-selling accessories of the month were the PS5 DualSense Controller (No.1) and the Pulse 3D Headset for PS4 and PS5 (No.2). The PS4 DualShock drops from the top spot to No.3, meanwhile the new Xbox controllers debut at No.4 (Shock Blue), No.5 (Carbon Black) and No.9 (Robot White). Other new accessories in the charts include the Media Remote for PS5 (No.7), the DualSense Charging Station (No.8), and the PS5 HD Camera (No.11).
Here is the UK Top 20 Best-Selling Boxed Games for November (GfK data)
|1||Call of Duty: Black Ops Cold War|
|2||Assassin’s Creed Valhalla|
|4||Marvel’s Spider-Man Miles Morales|
|5||Watch Dogs: Legion|
|6||Animal Crossing: New Horizons|
|7||Mario Kart 8: Deluxe|
|9||Super Mario 3D All-Stars|
|10||Fortnite: The Last Laugh Bundle|
|11||Ring Fit Adventure|
|14||Grand Theft Auto 5|
|15||Hyrule Warriors: Age of Calamity|
|17||Star Wars: Squadrons|
|18||51 Worldwide Games|
|19||Just Dance 2021|
|20||Crash Bandicoot 4: It’s About Time|
Reuters also confirms Samsung about to discontinue the Galaxy Note line – GSMArena.com news – GSMArena.com
What started as a far-fetched rumor back in August has only gained more traction in the past months and now it looks just about certain that Samsung will in fact discontinues its Galaxy Note line. The latest confirmation comes from Reuters and is based on three sources with close knowledge on the matter.
The rumored move is expected to reflect the lowered demand for flagship smartphones in relation to the ongoing pandemic. Samsung is allegedly planning to relocate its development resources to its foldable phone range. One of the sources also mentioned Samsung is planning to bring S Pen support to its Galaxy S21 Ultra and next foldable phone with the smart stylus being sold separately in either case.
We’ll just have to wait a bit longer to see if these rumors are true as Samsung is expected to debut the S21 line in early January.
Amazon customers with missing consoles offered new PS5 stock – Eurogamer.net
COVID-19 update for Dec. 2: Here's the latest on coronavirus in B.C. – Vancouver Sun
'The blob': Scientists confirm discovery of a completely new undersea species – Timmins Press
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