Video game sales shift to older, high-income consumers as young adults cut back
Older gamers represent a larger portion of spending, while young adults focus on groceries
PlayStation 5 surpasses 80 million units: keeping pace with PS4, devastating Xbox Series
Leadership tells investors to expect a shift away from "hardware"
The big picture: The PlayStation 5 isn't slowing down – 80 million units sold proves that. But behind Sony's strong numbers is a strategic pivot that could reshape the future of gaming. Executives say they're moving away from a "hardware-centric business model" toward building platforms, communities, and cross-device experiences. If the shift sticks, the PS6 might not just be the next console – it could be the last.
Microsoft's Azure revenue tops $75 billion as AI demand accelerates
AWS leads the global cloud infrastructure market, but Azure's growth rate continues to impress
Tesla sold just 4,306 Cybertrucks in Q2, down 50% from last year
Musk expected 250,000 Cybertrucks a year by 2025
HMD retreats from US market, ends Nokia phone sales amid economic pressures
Blaming the tariffs without blaming the tariffs
Online spending hits $7.9 billion at start of Amazon Prime Day, up nearly 10% year over year
Shoppers respond despite economic and tariff concerns
Despite lukewarm reviews, Nvidia's RTX 5070 is Amazon's best-selling GPU
A flawed market makes the RTX 5070 the least painful buy
Steam now generates three times more revenue for Capcom than PlayStation
Capcom's latest financial report shows dramatic shift toward PC
Tesla deliveries drop for second quarter amid growing backlash against Elon Musk
Despite falling deliveries, a few analysts remain optimistic
Mindfactory customers are overwhelmingly choosing 16GB Nvidia and AMD cards over their 8GB versions
For AMD, 16GB models are outselling their 8GB counterparts by as much as 30 to 1
As Tesla sales fall, Elon Musk fires top manufacturing executive
Musk's actions are widely blamed for Tesla's sales slump
AMD Ryzen CPUs continue to crush Intel processors on Amazon best-seller list
Only three Core Ultra 200 CPUs occupy the top 100 list
Stellar Blade becomes Sony's most successful PC port in under 24 hours
With over 180,000 players, it's doubling Tsushima and God of War numbers
Nvidia reaches historic 92% GPU market share, leaves AMD and Intel far behind
Millions of RTX 50 GPUs sold, while Radeon 9000 sales remain under 750K units
Samsung Galaxy S25 Edge sales might be falling short of expectations
Thin isn't everything
Once an arcade company, Capcom now sells most of its games on PC
Monster Hunter Wilds sold 10 million units in a month
Apple reclaims top spot as iPhone 16 becomes the quarter's best-selling phone
Low-end smartphones gain ground amid Apple's market leadership
Tesla sales in Europe plunge 50% amid backlash over Musk and competition from hybrids, Chinese brands
It's been a bad month for Tesla
Doom: The Dark Ages hits 3 million players, but is the success real?
Is Bethesda's victory lap warranted or is it an attempt to drum up some viral marketing?
Sony PS5 sales hit 77 million units, almost on par with PS4's at same point
But can the PS5 ever catch the PS4's lifetime sales?
Nintendo forecasts 15 million Switch 2 sales in console's first year
The original Switch could still become the best-selling console ever
AMD beats Nvidia in German GPU sales with Radeon RX 9070 XT on top
The Steam survey tells a different story
AMD moves 3x more CPUs than Intel, rakes in 5x the revenue on Amazon
The Ryzen 7 9800X3D led the pack
EV chargers now outnumber gas pumps in California
The state accounts for 30 percent of all new zero-emission vehicle sales nationwide