Gameloft iPhone sales hit $25m

Gameloft has posted its year-end results, with sales up 11 per cent to €122m. Growth was driven by iPhone game sales, up over 230 per cent to €18m ($25m).

The French outfit has released dozens of iPhone and iPod Touch games in the last year including branded game heritage titles such as The Settlers and Earthworm Jim, licenses like Avatar and Derek Jeter Real Baseball, and original product such as Castle of Magic and Siberian Strike.

Gameloft departed from the packaged goods sector in 2009 to focus entirely on mobile games. It blamed a comparatively weak fourth quarter on this decision, and the strength of the dollar.

In Q4, sales were down six percent to €32m. Profits have not been disclosed but are expected to come in at around 8 per cent of revenues.