Take-Two has reported a 49 per cent increase in revenues year-on-year for the 12 months ending March 31st. Revenue hit $1.14bn while profits reached $53.8m. In the year before it posted a loss of $108.1m. Q4 revenues fell from $233.2m in 2010 to $182.3m, while losses for the period also …
Read More »Namco Bandai reports income surge
Operating income at Namco Bandai rocketed by 767 per cent to YEN 16,338m for the year ending March 31st 2011, the publisher has reported. This compares very favourably with the 92 per cent decline suffered in the last finical year. Recurring income climbed 760 per cent to YEN 16,399. Net …
Read More »Digital drives online results at Activision
The evergreen Call of Duty IP has lead Activision to a stronger than expected quarter, with both sales and revenue up year-on-year. Sales climbed from $1.3bn to $1.4bn for the period and profits shot from $381m to $503m. Digital was the star performer, with sales climbing 30 per cent year-on-year. …
Read More »THQ and EA discuss PSN hack
Leading execs from two of the world’s biggest publishers have downplayed the economic impact that the collapse of PSN has had on their companies. "Obviously, we’re hopeful that, that comes back online as quickly as possible," EA CFO Eric Brown told investors. "We are aware that heading into the construction …
Read More »EA slashes losses with strong Q4
Publisher EA has reported an annual loss for its last financial year of $276m – that’s a 59 per cent improvement on the $677m lost in the year before. Revenue reached $3.59bn, which is slightly down on last year’s $3.65bn. However, Q4 was strong with revenues up over 400 per …
Read More »Losses mount at THQ
THQ has reported losses of $136.1m for its 2011 financial year. This is significantly more than the $9m loss posted for fiscal 2010. Revenue was down year-on-year from $899.1m to $665.3m. The company’s Q4 was more successful, however, thanks to the release of Homefront. The shooter has now sold over …
Read More »Xbox 360 drives EDD profits up 50%
Microsoft’s Entertainment & Devices Division – which amongst other things is home to the company’s Xbox operations – has enjoyed a surge in revenue and profit in the first quarter of 2011. EDD posted revenues of $1.94bn, a rise of 60 per cent compared to calendar Q1 2010. Profits climbed …
Read More »GAME bullish despite profit drops
Retailer GAME has reported profits in line with its January forecast, though it has suffered notable drops in both sales and profits for the year ending January 2011. Turnover fell from 1.772bn to 1.625bn, with overall sales falling 8.3 per cent year-on-year. UK & Ireland sales fell by 12.8 per …
Read More »Profits double at Apple
Apple has posted net profits of $5.99bn for the quarter ending March 31st – that a jump of nearly 100 per cent compared to the $3bn reported in the same quarter the year before. Revenue for the period was up 83 per cent at $24.67bn. iPhone sales were the champion …
Read More »Minecraft sales reach 2m
Indie games sensation Minecraft has made over 19 million for its creator Markus Persson, the Swedish developer has said. Persson explained the early edition of the title had sold about 800,000 copies at €9.95 each, while a later version – sold at €14.95 – had been purchased over a million …
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