Microsoft motion controller for its Xbox videogame console, which launches this week, will outsell Sony's new PlayStation controller during the holiday season, according to a forecast report released Monday.
Video-game console makers see motion-sensing technology -- playing Madden NFL 11 by running around your living room -- as salvation. Sorry, guys: Games on smartphones, social networks and in the cloud are going to eat your lunch.
Best Buy posted disappointing first-quarter results this morning, falling well short of analysts' expectations. Cautious customers lifted the retailer's overall U.S. sales by 5%, but lower sales of TVs, video games and movies cut into its profit margins.
Microsoft is expected to launch Kinect, its challenge to the Wii, this week at the E3 convention in Los Angleles.