Tag Archives: profit

A long-term goal was finally achieved at the offices of publisher Take-Two last night – it was able to announce a year of overall profit without releasing a Grand Theft Auto title. For the year ending October 31st profit hit $42.5m. In the year before Take-Two endured a $140m loss. …

Future Publishing has posted a slight increase in profit for the year ending September 30th 2010. The period saw profits of 8.3m, up from the 7.6m in the same period a year before. Revenue fell one per cent to 151.5m. Net debt was reduced by nearly 50 per cent to …

GameStop has revealed that sales of pre-owned game products accounted for 47.4 per cent of the company’s profit for the three months ending October 2010. In total pre-owned was worth $528.m, with profit of $250.2m. By comparison profit from new games reached $182.4m (21.7 per cent of the quarter’s total) …

Speaking to the audience at last night London Games Conference, Bigpoint CEO Heiko Hubertz has warned that upcoming high-profile MMO Star Wars: The Old Republic will never produce a profit for either publisher EA or developer BioWare. If you look at Star Wars from EA and BioWare, they estimated a …

Square Enix has reported disappointing numbers of its second quarter ending September 30th 2010, with operating income plummeting from 13.091bn last year to 5.712bn this time out. Sales were down sharply, too, from 90.561bn in 2009 to just 68.056. The latter number was below expectations, though the former was actually …

Activision Blizzard has reported a net profit of $51 for the quarter ending September 30th 2010, up on the $15m it recorded in the same period the year before, Net revenue was up from $703m last year to $745m this time. Sales reached $397 – in 2009 that figure stood …

Japanese publisher Sega Sammy has reduced its gaming losses for the first half of its financial year on the back of strong video games software sales which helped propel the company to record profits. An operating loss for the six months ending September of 1.3bn ($16m) was reported for its …

The Networked Product and Services Division of Sony, which houses amongst many things its PlayStation operations, has reported an operating profit of 6.9bn ($86m) in its fiscal Q2 – a drastic improvement on the 59bn ($730m) loss it incurred in the same period in 2009. Sales at the unit grew …

Xbox 360 platform holder Microsoft has claimed that it will be selling each 130 Kinect motion camera for a profit. Speaking to The New York Times, Microsoft’s Don Mattrick claimed that the first ever prototype for the device cost $30,000 to manufacture and has in total cost hundreds of millions …

Japanese publisher and developer Square Enix has reported an impressive 814 per cent year-on-year increase in operating profit to YEN 5,434m for the quarter ending June 30th 2010. Recurring income was up 124 per cent at YEN 3,426m while net sales grew by 11 per cent to YEN 32,540m. Net …