Mobile

Zynga’s revenue for the third calendar quarter nearly doubled to reach a new record, but the firm’s exorbitant investments continue to squeeze profits. For the three months that ended on September 30th, Zynga made $307 million, driven by in-game advertising and virtual goods purchases. That represents year-on-year revenue increase of …

Gameloft sales during the third quarter of 2011 ended at $56 million, the company has announced. The figure is up 17 per cent from the previous year, with Europe and North America representing 57 per cent of sales. Smartphone and tablet game sales meanwhile grew by 60 per cent year-on-year, …

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