Tag Archives: Financials

Apple powers on to strong Q3

Apple has announced its latest quarterly financial results, outperforming analyst forecasts thanks to strong sales of iPhone and iPad. The company’s fiscal Q3 revenues were $28.6 billion, up from $15.7 billion in the same quarter a year ago. Apple’s net profit for its latest quarter was $7.3 billion, up from …

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Sony warns of full-year loss

PlayStation platform holder Sony has warned investor’s that this week’s full year financial report will fall dramatically short of previous expectations. AP reports that Sony now expects a YEN 260bn ($3.2bn) loss for the fiscal year ending March 31st. Previously it had forecast a YEN 70bn ($860m) profit for the …

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Hardware drives GameStop sales

GameStop has reported a 9.5 per cent increase in profits to $2.28bn for the first quarter of 2011. Net earnings jumped 6.9 per cent to $80.4m. Total store sales climbed 5.3 per cent with pre-owned product sales jumping 9.5 per cent. Digital sales soared by 53 per cent year-on-year. HD …

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Sega Sammy doubles profits

Sega Sammy has reported profits of YEN 41.5bn for the financial year ended March 31st, 2011. The company has more than doubled its profits in the previous year, up 104.8 per cent from YEN 20.2bn. Sales rose by 3.1 per cent year-on-year to YEN 396.7bn. Key sales drivers were identified …

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Sales up 19 per cent at Ubisoft

Ubisoft has announced that sales for the financial year ended March 31st, 2011 came in at 1.03bn Euros. This is a 19 per cent increase from the 871m Euros taken in the previous year. Key sales drivers were the firm’s dance portfolio (including Just Dance), its Kinect and 3DS ranges …

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EA slashes losses with strong Q4

Publisher EA has reported an annual loss for its last financial year of $276m – that’s a 59 per cent improvement on the $677m lost in the year before. Revenue reached $3.59bn, which is slightly down on last year’s $3.65bn. However, Q4 was strong with revenues up over 400 per …

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GAME bullish despite profit drops

Retailer GAME has reported profits in line with its January forecast, though it has suffered notable drops in both sales and profits for the year ending January 2011. Turnover fell from 1.772bn to 1.625bn, with overall sales falling 8.3 per cent year-on-year. UK & Ireland sales fell by 12.8 per …

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Grave expectations for GAME financials

Leading UK video games retailer GAME reports its annual financials tomorrow – and the national press is expecting a significant slump in profits. The Guardian reports that GAME will report a 60 per cent drop in profits for the year ending January, a downturn it blames on the rise of …

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Assassins Creed Brotherhood ships 6.5m

More than 6.5m copies of Assassin’s Creed: Brotherhood have been sold into retail globally since the game’s release in November. The figure was announced in Ubisoft’s latest financials, and shows strong sales momentum since last month’s revelation of Brotherhood’s 6m sales worldwide. The follow-up to last year’s Assassin’s Creed II …

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Ubisoft sales top 600m Euros in Q3

Ubisoft has reported sales of €600m for the three months ended December 31st, 2010. The publisher’s third quarter sales show a increase of 21.2 per cent when compared to €495m recorded during the same period last year. This exceeded initial forecasts of €520m. Sales for the first nine months of …

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