MCV/DEVELOP News, events, research and jobs from the games industry
The launch of Prototype 2 helped the boxed market rise slightly over the prior week, with overall unit sales up five per cent to 441,401 games sold. It’s Activision’s first No.1 of the year. UK games retail generated 10.45m overall from sales last week – an increase of eight per …
Read More »HMV poised to return to profitability
Sales at entertainment retailer HMV fell 19.4 per cent year-on-year for the 52 week ending April 28th. Like-for-like sales fell 11.7 per cent during the period. For the 17 weeks ending April 28th total sales fell 19.2 per cent and like-for-like sales fell 12.9 per cent. Profits are expected to …
Read More »Argos owner suffers 60% profit slump
The Home Retail Group has suffered a 60 per cent year-on-year decline in profits after a poor performance from Argos. The Home Retail Group’s profits fell from 265.2m last year to 90.2m. The main culprit was Argos, whose sales declined seven per cent to 3.8bn. While the Group’s performance in …
Read More »WiiWare sales are "almost non-existent"
Indie publisher Nicalis has said that WiiWare sales are in decline and have reached the stage of being almost non-existent”. The company had planned to release new side scrolling title La-Mulana on the service but has now cancelled the game as it is "near impossible to sell sufficient units on …
Read More »The relationship between games advertising and sales
Generation Media looks at the year-on-year percentage change in video games advertising and sales of boxed titles. The way in which consumers are able to purchase games and consoles in recent years has gone beyond just retail. As such, it has become difficult to understand what is really going on …
Read More »UK games retail generated £9.7m last week
The market fell below the 10m mark for the first time this year during the week ending April 21st. Unit sales dipped 17 per cent to 422,280. This was due to another week with few new releases hitting shelves. In fact, The Witcher 2 was the only new title to …
Read More »PS3 is leading Euro market in 2012
As part of its investor presentation last night, Nintendo revealed that Sony’s PS3 has taken control of the European hardware market since the turn of the year. Its data suggests that Sony has enjoyed weekly continental sales of between 100,00 and 50,000 units. 3DS is next in line with sales …
Read More »Nintendo reports first ever annual loss
3DS and Wii platform holder Nintendo has reported a 37,320m (284m) loss for the year ended March 31st 2012. That compares to a profit of 171,076m in the previous years. 2012 sales were down 36.2 per cent year-on-year at 647,652. Despite the improved fortunes of 3DS, handheld sales fell from …
Read More »Apple reports yet more staggering growth
The Eurozone crisis, global debt levels and international recession. None of which are terms respected by Apple. The company last night reported revenue of $39.2bn for its fiscal Q2 – that’s up from $24.7bn in the same period last year. Profit shot up from $6bn to an incredible $11.6bn. iPhone …
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 …
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