Tag Archives: decline

Platform holder Nintendo has confessed that the chances of Wii topping its 2009 sales performance over the next 12 months are slim – though the firm is still hopeful that Wii can eventually overtake PS2 to become the most successful console the world has ever seen. [With the] Wii, we …

The specialist press has been fighting its corner after a mixed bag of ABC results. Nintendo, PlayStation and PC magazines all posted year-on-year readership declines – although Imagine and Uncooked’s 360 publications were both up. Edge saw a fractional increase, while multi-formats GamesMaster and GamesTM dropped as well. Despite the …

The amount of money invested in the video games sector by venture capitalists in North America was down 29 per cent in 2010 according to a new data from PricewaterhouseCoopers. Boston.com reports that in 2008 money from venture capitalists funded the development of 35 games in North America, representing a …

Japanese publisher Konami has reported profits of $116.7m for the nine months ending December 31st – a 40 per cent year-on-year decline. Profits were down 18 per cent compared to the same period in 2008 at $2.1bn. The steepest decline stemmed from Konami’s gaming operations, where revenue fell 33 per …

1C’s international publishing director Darryl Still has accused retail of failing to support boxed PC games. The industry veteran says that by refusing to stock certain games and moving PC titles to the back of the store, retail is forcing publishers to head towards digital distribution. And that PC games …

Famitsu publisher Enterbrain has claimed that 2009 was yet again a year of decline for the video games industry in Japan with both hardware and software sales suffering year-on-year decreases. Kotaku reports that hardware sales for the year were down 13.6 per cent, with the total market slumping by 6.9 …

Though it remains the daddy of the current console market, sales of Nintendo’s Wii are showing year-on-year declines across the board – and the company’s manufacturing partners are now feeling the full effect. Nikkei reports, courtesy of Kotaku, that manufacturing pair Mitsumi and Hosiden are set to suffer a year-on-year …

Sales analyst NPD has revealed that the North American video games market suffered yet another monthly decline in August – its sixth in as many months – though there are signs that the drops are abating. The market’s total value hit $908.72m throughout the month – 16 per cent down …

Sony has joined fellow platform holder Nintendo is posting year-on-year sales declines for its financial quarter ending June 30th, with revenues in its PlayStation business down 18 per cent year-on-year. Revenues for the recently formed Network Product and Services Division, which houses both the PlayStation business and its Walkman operations, …

Nintendo has become the latest video games company to suffer significant year-on-year declines, with net profits down 60.6 per cent in Q1 2009-2010 to YEN 42 billion, compared to YEN 107 billion in the same period a year before. The firm this morning reported operating profits of YEN 40bn for …