Tag Archives: q4

Funcom CFO steps down after Q4 loss

Funcom’s chief financial officer Olav Sandnes has stood down from his position at the MMO to take up a role in a different sector publisher following the firm’s confirmation of losses in Q4 2008. He will remain in the role until a successor is found. In total, Funcom suffered an …

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Q4 2008 PC hardware sales show annual rises

UK PC sales in the fourth quarter continued to grow at a rapid pace, despite a rising dollar, on-going recession and stalling shipments worldwide. According to figures released by IDC, more than 3.8 million PCs were sold during the fourth quarter, an increase of 13.3 per cent on the same …

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Call of Duty: Modern Warfare 2 confirmed

Speaking in last night’s company earnings call, Activison president Mike Griffith confirmed that Call of Duty: Modern Warfare 2 is scheduled for a Q4 2009 release. No other details about the game have yet been released, but speaking about the success of the Call of Duty series, Griffith stated: "2009 …

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Activision Blizzard: Wii to sell 16m in 2009

Activision president Mike Griffith has predicted that in the next year 16 million Wiis will be sold over 2009, forecasting healthy sales increases for all the remaining leading formats. For calendar year 2009, we expect the installed base of hardware in North America and Europe will be up eight million …

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Disney Interactive sees losses despite revenue hike

Disney Interactive Media has reported a 13 per cent increase in revenue for the quarter ending December 31st 2008, but has nonetheless suffered a loss for period. Revenue reached $313m, up from $276m in the same period the year before. This wasn’t enough to prevent a loss of $45m, down …

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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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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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EA warns of poor Q4 results

Leading publisher EA has confirmed that disappointing sales of its key software titles means it expects both its net revenue and earnings for the current Q4 period to be below numbers previously forecast by the firm. The firm now expects its net revenue for the fiscal year ending January 31st …

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UK heading towards biggest ever Q4

GFK-ChartTrack has predicted that this year’s Christmas period will push the UK industry to its biggest Q4 ever in terms of both unit sales and value. The news comes in the week that a report from leading global sales monitor Top Global Markets showed software sales growth has flattened around …

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EA and Activision dominate Q3 and Q4

As part of its new report on what’s in store for the games industry for the remainder of the year, analyst firm Screen Digest has claimed that global publishing giants EA and Activision-Blizzard will account for 75 per cent of all releases on Xbox 360, PS3 and Wii this Q3. …

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