MCV/DEVELOP News, events, research and jobs from the games industry
Microsoft has said that it sold 1.2m Xbox One consoles in the quarter ending March 31st. The platform holder hasn’t said how many consoles it has sold in total. In January when it said it had shipped 3.9m Xbox Ones and then last week it said that number had climbed …
Read More »Nintendo sold 160,000 Wii U’s in three months ending June, is outsold by Wii
Only 160,000 Wii U consoles were sold worldwide in the quarter ending June 2013. The staggering figure eclipses the fact that Nintendo actually posted some improved numbers for the period with net income and operating income both improving. Net sales for the period hit 81,548m, down from 84,813m the year …
Read More »Zynga posts third quarter of losses
A loss of nearly $53m for the last quarter means that Zynga has now posted total losses of nearly $161m over the last nine months. But it wasn’t all bad news, and with numbers coming in ahead of expectations investors may this morning be feeling that there’s some reason for …
Read More »iPhone 4S tops 3m pre-orders
Around 3m customers have pre-ordered the upcoming Apple iPhone 4S in less than one week. Bloomberg Businessweek reports 3m units of the new smartphone may be sold in its first weekend on sale, according to RBC Capital Markets analyst Mike Abramsky. That would be almost double the number of iPhone …
Read More »FIFA the star as digital grows at EA
The traditional gaming sector’s current digital crusader, EA, has reported a stellar digital performance for its fiscal Q1 ending June 30th. Overall digital revenue for the period jumped 24 per cent year-on-year to $209m. Revenues for free-to-play and micro-transaction content climbed 32 per cent to $70m. Mobile and handheld content …
Read More »Smartphone sales plunge 34% in dismal quarter for Nokia
This must be regarded as the low point for Nokia as the company deals with plummeting legacy device sales before the new WinPho era begins. Today’s Q2 financial report reveals the depth of the Finnish firm’s current plight. Year on year revenue fell 11 per cent from €1bn to €927m, …
Read More »PS3 surge boosts Sony
An impressive year-on-year boost in PS3 sales has delivered a strong financial quarter for Sony for the three months ending June 30th 2010. Losses at the Networked Products and Devices Division, which includes PlayStation, dropped to YEN 3.8bn – in the same period last year that number stood at YEN …
Read More »Global Xbox sales hit 40m
The Xbox 360 has now sold over 40m units worldwide since it was first launched in late 2005. The news comes as Microsoft’s Entertainment and Devices Division reports yet another successful quarter, with the three months ending March 31 delivering profits $165m. Revenue hit $1.67bn – up from $1.63bn in …
Read More »Year-on-year declines at Majesco
US publisher Majesco has reported net revenues of $29.2m for its first quarter ending January 31st – down from the $32.8m seen in the same period in 2009. Operating income hit $2.5m in the period compared to the $3.7m reported last year. Net income fell from $4.2m to $3.8m. The …
Read More »Google revenues surge 17%
It seems that global economic slowdown has yet to reach the sunny vistas of California’s Mountain View with news that Google’s revenues enjoyed a year-on-year increase of 17 per cent for the quarter ending December 31st 2009. Total revenues hit $6.67bn for the period, up from the $5.7bn in the …
Read More »