MCV/DEVELOP News, events, research and jobs from the games industry
Good news for Namco Bandai this morning – the publisher has claimed the lion’s share of Japanese software revenues for the second month in a row. Enterbrain’s numbers, as reported by Andriasang, show that the company accounted for 36.8 per cent of the overall software market – that’s nearly three …
Read More »Sony Consumer Products report $1.099bn Q3 loss
The Consumer Products & Services division of Sony, which houses amongst other things its PlayStation business, has reported a loss of $1.009bn for the quarter ending December 31st 2011. Overall sales at the unit reached $12.776bn – an annual decline of almost 25 per cent. Amongst other things, the increased …
Read More »EA losses narrow as 2m buy Star Wars: Old Republic
You could almost smell the desperation in some quarters of the game press for EA’s Star Wars: The Old Republic to fail. Well guess what? It’s been a huge hit. Since its release in December the game has sold in excess of 2m copies worldwide, with 1.7 players signing up …
Read More »Amazon warns of potential loss this quarter
Online retailer Amazon has warned that it may well post a loss for its current financial quarter. This is despite a 35 per cent leap in revenues for the quarter ending December 31st, which hit $17.43bn. Despite this net income, fell 70 per cent from $416m in 2010 to $117m. …
Read More »Recession? What recession? Apple posts record earnings
The High Street might be in tatters as the world’s governments wallow in spiralling pits of debt and despair, but it’s all parties and barbeques and women and jager bombs at Apple HQ in California. The tech giant has just posted record profits for the quarter ending December 31st, driven …
Read More »Xbox drives Microsoft EDD to record sales
A successful Christmas for Xbox 360 hardware and software saw Microsoft’s Entertainment and Devices division post record sales of $4.24bn for the Christmas quarter. That’s a 15 per cent year-on-year increase over 2010. The division registered a profit of $530m, which represents an annual decline of 28 per cent. 8.2m …
Read More »EA hits $1bn annual digital revenue target
In July of last year MCV ran a piece entitled Riccitiello’s $1bn digital dream”. Now, six months later, we can confirm that the EA CEO’s dreams have come true. Having confirmed the publisher’s achievement, Riccitiello described it as an incredibly important milestone". The most pleasing thing for EA is that …
Read More »2011 US games market down 8% leaving UK as worst performer
NPD has confirmed that the US video games market declines eight per cent year-on-year to $17.02bn in 2011. That’s the same rate of decline that was seen in Japan last year, and sadly leaves the UK out alone as the worst performing video games market out of the traditional ‘big …
Read More »iOS IP Infinity Blade makes $28m in first year
Epic Games’ two debut iPhone games have generated more than $28 million in just over a single year, the company has announced. Infinity Blade and its sequel, two "triple-A" App Store games, have both accumulated the significant revenues in the space of a single year. The first Infinity Blade game, …
Read More »UK video games market falls 13% in 2011
The overall UK video game market was worth 2.52bn in 2011 according to the latest UKIE figures. That represents a year-on-year drop of 13 per cent from 2.88bn and a third year of decline. In 2009 the UK market was worth 3.31bn and in 2008 it reached a record value …
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