MCV/DEVELOP News, events, research and jobs from the games industry
A jump in both iPad and iPhone sales has lead to a strong quarter for Apple, although its numbers fell short of analyst’s expectations. Revenue hit $35bn for Q3 2012, up from $28.57bn the year before. Analysts had expected Apple to reach over $37bn. Net income climbed from $7.3bn to …
Read More »EA has a "clear line of sight" on being a 100% digital company
A digital-only games industry may yet still be a little way off, but retail bosses will take no solace from the giddy excitement with which EA Labels boss Frank Gibeau speaks of the company’s digital future. "It’s in the near future. It’s coming. We have a clear line of sight …
Read More »More PS3 fans buy digital content than 360 gamers
UK PS3 owners are more willing to pay for digital content than Xbox gamers. That’s according to the latest figures from Kantar Worldpanel. The data specialist revealed that in the UK, 8m people bought a digital film, TV show or game in the past year. The firm says that 17 …
Read More »Digital predicted to account for 66% of market by 2017
A new report from DFC Intelligence predicts that digitally distributed games will account for 66 per cent of total overall games revenue by 2017. It also predicts a significant expansion in the overall games software market, which it believes will grow from $52m now to $70bn in five years. Interestingly, …
Read More »Digital growth keeps Future on track
Future PLC has revealed strong digital revenue growth in its interim results for the half-year ended March 31st 2012. Statutory revenue for the period fell 11 per cent to 61.1m with operating profit falling 33 per cent to 1.2m. Normalised revenue was down four per cent and profit down five …
Read More »Square Enix says goodbye to losses, posts profit
It might be a tough market out there, but Japanese publisher Square Enix has enjoyed a strong year. Having posted a loss of 12bn ($150m) in the previous year, Square Enix achieved profit of 6.1bn ($76m) in its last financial year. Revenue was up 2.1 per cent at 127.9bn ($1.6bn). …
Read More »Capcom profits down after "sluggish" year
It may not have impressed critics, but Resident Evil: Operation Raccoon City has delivered the goods for Capcom at retail. Not that it was enough to stop Capcom posting some disappointing numbers. Revenues for the fiscal year ending March 31st were down 16 per cent at $1.02bn. Profits fell 13 …
Read More »Retailer vows to share 10% of pre-owned revenue with publishers
New US online retailer EKGaming has made a remarkable pledge – to share ten per cent of its pre-owned revenues with publishers. It hopes to encourage what it describes as a circle of life” in retail that benefits all parts of the chain. It has also pledged to better the …
Read More »Global Q4 sales fall 3.6% at GameStop
GameStop has reported a 3.6 per cent decline in like-for-like store sales for its fiscal fourth quarter. Net earnings for the period fell $63.1m to $174.7m – that’s a drop of 27 per cent. Global sales for the fiscal year remained largely static at $9.55bn, with like-for-like sales falling 2.1 …
Read More »Brink sales pass 2.5m units
UK developer Splash Damage has said that 2011 release Brink has sold in excess of 2.5m units worldwide, generating revenue of around $120-140m. However, the success of the title has taught the studio one other lesson – developers don’t see all of that cash. And that’s the reason, according to …
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