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E3 Expo 2017 Kicks off with Some Blockbuster Announcements
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Hosted by Entertainment Software Association (ESA), E3 is an annual video-game industry trade show. E3 2017, a three-day event will officially kick off on Jun 13 at the Los Angeles Convention Center. However, a few days prior to the official start, numerous press conferences were lined up starting with Electronic Arts’ (EA - Free Report) press conference on Jun 10, 2017.
It will be the first time in Expo’s 24-year history that the general public will be allowed to attend the fair. Reportedly, over 15K tickets were sold.
Highlights from the Press Conferences
Electronic Arts: Like last year, EA does not have a presence at the E3 but it did organize a press conference wherein it showcased the gameplay trailers of FIFA 18 as well as the highly anticipated Star Wars Battlefront II (multiplayer game, out this holiday season). Moreover, the company gave a sneak peek into its latest IP, Anthem, developed by BioWare. Per media reports, BioWare described Anthem as a sci-fi game that will help “explore a landscape of primeval beauty, confront the dangers you find, and grow in power with every step".
For the first time, Madden 18 will have a playable story mode wherein a player can play as a young aspirant trying to make it into NFL. There was also a Need for Speed Payback trailer as along with unveiling of a DLC for Battlefield 1. Currently, Electronic Arts carries a Zacks Rank #3 (Hold).
Microsoft Corp (MSFT - Free Report) : Undoubtedly, the biggest announcement made by Microsoft at the press conference was the launch of its new gaming console – Xbox One X. The product, which was first talked about at the E3 last year, will be available in the market from Nov 7, 2017 at a price of $499.
Xbox One X has 6 teraflops of graphical power compared with 4.2 teraflops of Sony’s PlayStation 4 (PS4). The new version of Xbox will have a bandwidth of 326 GB/second, outpacing the 218 GB/second of PS4.It also has a 4K resolution. Moreover, the console will be able to run the earlier versions of Xbox games. Thus, Xbox One X will be backward compatible with Xbox One and Xbox One S titles, playing those at native 4K at full 60 frames-per-second. Apart from this, the other improved features include 1TB of storage, 12 GB of GDRR5 RAM and eight custom x86 cores clocked at 2.3GHz CPU.
The company also reportedly announced quite a few games for Xbox One X, which includes Forza Motorsport 7 as well as Assassin’s Creed Origins (set in Ancient Egypt) and Sea of Thieves. Crackdown 3 releases on Nov 7, 2017 while Shadow of War releases on 10 Oct, 2017. Cuphead’s USP is its look which is reminiscent of 1930’s animation, adds media reports. The game will release on Sep 29, 2017. Currently, Microsoft carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
BethesdaSoftware: Following Microsoft’s blockbuster press conference, Bethesda Software had its date with the press on Jun 11, 2017. The company had quite a few announcements to make, including the arrival of new standalone game, Dishonored on Sep 15, 2017 as well as the release of Wolfenstein II: The New Colossus (with a bizarre Nazi-occupied U.S as the backdrop) on Oct 27, 2017, per reports.
The video-game publisher also reportedly announced that it was launching Elder Scrolls: Skyrim for Nintendo’s (NTDOY - Free Report) Switch. Other games like Fallout 4 and DOOM, both VR games on HTC Vive, are expected to release later this year.
The PC Gaming Show: Some of the biggest highlights of PC Gaming’s press conference was the announcement of the launch of desktop versions of Age of Empires as well as Forza Motorsport 7.
Ubisoft: Ubisoft unveiled two new Far Cry 5 trailers (releases in Feb 2018) along with clarifying that Beyond Good and Evil will have a second chapter as well, adds media reports. It announced a new game called Skulls & Bones apart from declaring that Mario and Rabbids Kingdom Battle will be available for Nintendo Switch.
Sony Corp: Sony’s press meet was chock-a-block with gaming announcements. Sony’s Spiderman game (for PS4) arrives in 2018. Sony also announced its hotly anticipated game, God of War that is set for an early 2018 release along with Shadow of Colossus (for PS4) that releases next year.
For PS VR, Sony announced a few titles, namely, Elder Scrolls V Skyrim, The Inpatient and Bravo Team. Recently, the company announced that it has sold over 1 million PS VR headsets. Released in October, these headsets are priced at $399 and are relatively cheaper compared with other headsets available in the market. Also, PS VR has an advantage over both Oculus Rift and HTC’s Vive, which need high-end PC configuration to work. PS VR, however, is compatible with Sony’s gaming console PS4. Currently, Sony carries a Zacks Rank #3.
Nintendo’s press meet is scheduled for today. The company is expected to display new games for its Switch Console, like Super Mario Odyssey, along with a new Pokémon title. Released in Mar 2017, Switch has had a spectacular start despite a non-traditional release date. The console, priced at $300, combines the functionalities of both conventional consoles and handheld devices.
We will keep you posted on the developments. Stay tuned!!
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
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E3 Expo 2017 Kicks off with Some Blockbuster Announcements
Hosted by Entertainment Software Association (ESA), E3 is an annual video-game industry trade show. E3 2017, a three-day event will officially kick off on Jun 13 at the Los Angeles Convention Center. However, a few days prior to the official start, numerous press conferences were lined up starting with Electronic Arts’ (EA - Free Report) press conference on Jun 10, 2017.
It will be the first time in Expo’s 24-year history that the general public will be allowed to attend the fair. Reportedly, over 15K tickets were sold.
Highlights from the Press Conferences
Electronic Arts: Like last year, EA does not have a presence at the E3 but it did organize a press conference wherein it showcased the gameplay trailers of FIFA 18 as well as the highly anticipated Star Wars Battlefront II (multiplayer game, out this holiday season). Moreover, the company gave a sneak peek into its latest IP, Anthem, developed by BioWare. Per media reports, BioWare described Anthem as a sci-fi game that will help “explore a landscape of primeval beauty, confront the dangers you find, and grow in power with every step".
For the first time, Madden 18 will have a playable story mode wherein a player can play as a young aspirant trying to make it into NFL. There was also a Need for Speed Payback trailer as along with unveiling of a DLC for Battlefield 1. Currently, Electronic Arts carries a Zacks Rank #3 (Hold).
Microsoft Corp (MSFT - Free Report) : Undoubtedly, the biggest announcement made by Microsoft at the press conference was the launch of its new gaming console – Xbox One X. The product, which was first talked about at the E3 last year, will be available in the market from Nov 7, 2017 at a price of $499.
Xbox One X has 6 teraflops of graphical power compared with 4.2 teraflops of Sony’s PlayStation 4 (PS4). The new version of Xbox will have a bandwidth of 326 GB/second, outpacing the 218 GB/second of PS4.It also has a 4K resolution. Moreover, the console will be able to run the earlier versions of Xbox games. Thus, Xbox One X will be backward compatible with Xbox One and Xbox One S titles, playing those at native 4K at full 60 frames-per-second. Apart from this, the other improved features include 1TB of storage, 12 GB of GDRR5 RAM and eight custom x86 cores clocked at 2.3GHz CPU.
The company also reportedly announced quite a few games for Xbox One X, which includes Forza Motorsport 7 as well as Assassin’s Creed Origins (set in Ancient Egypt) and Sea of Thieves. Crackdown 3 releases on Nov 7, 2017 while Shadow of War releases on 10 Oct, 2017. Cuphead’s USP is its look which is reminiscent of 1930’s animation, adds media reports. The game will release on Sep 29, 2017. Currently, Microsoft carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
BethesdaSoftware: Following Microsoft’s blockbuster press conference, Bethesda Software had its date with the press on Jun 11, 2017. The company had quite a few announcements to make, including the arrival of new standalone game, Dishonored on Sep 15, 2017 as well as the release of Wolfenstein II: The New Colossus (with a bizarre Nazi-occupied U.S as the backdrop) on Oct 27, 2017, per reports.
Computer and Technology Sector 5YR % Return
Computer and Technology Sector 5YR % Return
The video-game publisher also reportedly announced that it was launching Elder Scrolls: Skyrim for Nintendo’s (NTDOY - Free Report) Switch. Other games like Fallout 4 and DOOM, both VR games on HTC Vive, are expected to release later this year.
The PC Gaming Show: Some of the biggest highlights of PC Gaming’s press conference was the announcement of the launch of desktop versions of Age of Empires as well as Forza Motorsport 7.
Ubisoft: Ubisoft unveiled two new Far Cry 5 trailers (releases in Feb 2018) along with clarifying that Beyond Good and Evil will have a second chapter as well, adds media reports. It announced a new game called Skulls & Bones apart from declaring that Mario and Rabbids Kingdom Battle will be available for Nintendo Switch.
Sony Corp: Sony’s press meet was chock-a-block with gaming announcements. Sony’s Spiderman game (for PS4) arrives in 2018. Sony also announced its hotly anticipated game, God of War that is set for an early 2018 release along with Shadow of Colossus (for PS4) that releases next year.
For PS VR, Sony announced a few titles, namely, Elder Scrolls V Skyrim, The Inpatient and Bravo Team. Recently, the company announced that it has sold over 1 million PS VR headsets. Released in October, these headsets are priced at $399 and are relatively cheaper compared with other headsets available in the market. Also, PS VR has an advantage over both Oculus Rift and HTC’s Vive, which need high-end PC configuration to work. PS VR, however, is compatible with Sony’s gaming console PS4. Currently, Sony carries a Zacks Rank #3.
Nintendo’s press meet is scheduled for today. The company is expected to display new games for its Switch Console, like Super Mario Odyssey, along with a new Pokémon title. Released in Mar 2017, Switch has had a spectacular start despite a non-traditional release date. The console, priced at $300, combines the functionalities of both conventional consoles and handheld devices.
We will keep you posted on the developments. Stay tuned!!
Zacks' 2017 IPO Watch List
Before looking into the stocks mentioned above, you may want to get a head start on potential tech IPOs that are popping up on Zacks' radar. Imagine being in the first wave of investors to jump on a company with almost unlimited growth potential? This Special Report gives you the current scoop on 5 that may go public at any time.
One has driven from 0 to a $68 billion valuation in 8 years. Four others are a little less obvious but already show jaw-dropping growth. Download this IPO Watch List today for free >>