Is Disney (DIS) Planning to Make Its Own Gaming Console?
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Price: $64.63 -0.92%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.5%
Revenue Growth %: +9.6%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 1.5%
Revenue Growth %: +9.6%
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Disney (NYSE: DIS) was reported to have secured a U.S. patent for a gaming console focused on 3D augmented reality.
According to CNET this afternoon, Disney's console may be able to take a real picture (such as a toothbrush) and animate it. This might also suggest that it would be a handheld device.
Recent rumors tied Disney to a new game called "Toy Box," which involved interactivity of Pixar and Disney characters.
CNET also alludes to a tie-up with Apple (Nasdaq: AAPL) for the hardware design. Given that Diney CEO Bob Iger is on Apple's Board, the idea might not be too far fetched.
Shares of Disney are 1.9 percent higher on the session. For the patent, click here
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According to CNET this afternoon, Disney's console may be able to take a real picture (such as a toothbrush) and animate it. This might also suggest that it would be a handheld device.
Recent rumors tied Disney to a new game called "Toy Box," which involved interactivity of Pixar and Disney characters.
CNET also alludes to a tie-up with Apple (Nasdaq: AAPL) for the hardware design. Given that Diney CEO Bob Iger is on Apple's Board, the idea might not be too far fetched.
Shares of Disney are 1.9 percent higher on the session. For the patent, click here
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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