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How the video games industry is faring

Published on NewsOK Modified: May 1, 2013 at 3:34 pm •  Published: May 1, 2013

Nintendo Co. says it returned to profit for the fiscal year that ended March 31 as a lift from the weakening yen offset sales struggles caused by software delays for its latest home console, Wii U. Both profit and sales results are slightly worse than the projections of analysts surveyed by FactSet. Wii U sales of 3.45 million units fell short of Nintendo's target of 4 million units in the fiscal year. That already had been lowered from an earlier projection of 5.5 million.

Microsoft sends out invites to an Xbox event on May 21. That's when the company will likely reveal its next video game console.

— May 1: Activision says the next installment in its successful "Call of Duty" franchise will be titled "Call of Duty: Ghosts" and feature a new story and characters. It will be released Nov. 5 for PC, PlayStation 3, Xbox 360 and next-generation consoles.

Coming up:

— May 8: Activision Blizzard Inc.

— May 9: Sony Corp. (PlayStation)

— May 13: Take-Two Interactive Software Inc.