Tag Archives: 2008

Konami enjoys strong 2008

Net income for the nine months ending December 31st 2008 reached YEN 17,826, a 17 per cent increase on the same period the year before. Operating income for the period hit YEN 34,703m, up from the YEN 27,610m seen in the same period the year before. Net revenue climbed from …

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EA: More job cuts coming as Q3 losses reach $641m

North American publisher EA has announced that it suffered losses totalling $641m for the three months ending December 31st 2008 – this compares to losses of $33m in the same period the year before. Revenue was up, however, hitting $1.65bn compared to $1.5bn in 2007. In further bad news, EA …

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1,000 jobs to go at Nokia

Finnish mobile phone company Nokia has announced that 1,000 people are to lose their jobs following a drop in net income of 69 per cent to €576m for the quarter ending December 31st – the firm’s worst Q4 results since 2001. Revenue fell 20 per cent to €12.7bn, whilst sales …

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Apple reports record results

The sad news of Steve Jobs’ departure has been quickly forgotten at Apple as the leading lifestyle technology company reported record results for the three months ending December 2008. Apple sold 7.3bn worth of products in the period, making 1.1bn of profit in the process – both results were all-time …

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eBay suffers steep Q4 income drop

Internet auction giant eBay has revealed that revenues for Q4 2008 were down seven per cent on the same period in 2007, reaching $2.04bn – far lower than analysts had predicted. Worse still, revenue for Q4 was down a hefty 31 per cent on the quarter before. We’ve been operating …

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AUSTRALIA: Market jumps by 47 per cent

Australia has become the latest nation to following the footsteps of the UK , USA and Canada (though sadly not Japan ) by reporting impressive rises in the value of its video game industry in 2008. The market reached AUD 1.96bn ($1.3bn) last year, up 47 per cent on 2007. …

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CANADA: Annual games market soars

Following last week’s news that the North American video games market grew by 19 per cent to hit $21.33bn last year, NPD figures have also shown that the Canadian industry in isolation also enjoyed significant growth, CBC reports. Sales of consoles, games and accessories in the region totalled $2.09bn in …

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NPD: Nintendo shatters records in 2008

Nintendo was the main beneficiary of a record-breaking year for the video games market in North America last year, with Wii breaking the record for the number of unit sales enjoyed by a single platform in one year – 10.17m units. In addition to this, DS shattered the territory’s monthly …

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NPD: 2008 video game revenues top $21bn

Following the trend seen in the UK market and shunning the falls seen in Japan , the North American video games market grew to record levels in 2008, hitting a total value of $21.33bn according to data from US body NPD. The figure represents an increase of 19 per cent …

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GameStop celebrates record festive sales

North American and global games retailer GameStop has posted some strong numbers for its festive sales period, showing that the company enjoyed its best ever performance for the nine weeks ending January 3rd. Sales for the firm totalled $2,856m, up 22.3 per cent from the $2,335m seen in the same …

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