MCV/DEVELOP News, events, research and jobs from the games industry
Nokia’s first stab at reversing its torrid fortunes appears not to have taken off. The company has reported a €1.34bn loss for its 2012 Q1 with smartphone sales tumbling 52 per cent year-on-year. 2m Lumia handsets were sold in the period, and Nokia is predicting a similar performance from Q2. …
Read More »PS4 and Xbox 720 sales won’t match current gen, analyst believes
The PlayStation 4, Xbox 720 and Wii U will fail to match the sales of their immediate predecessors, analyst Piper Jaffray believes. In fact, analysts Michael J. Olson and Andrew D. Connor believe that between them the three machines will see an average software sales decline of 53 per cent …
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 …
Read More »Xbox 360 sales fall by 50% in Q1
Such has been the fantastic and ongoing success of Xbox 360 in the last few years that the industry can’t help but be worried when the market leader posts such disappointing numbers. Microsoft has reported that total Xbox 360 hardware sales hit 1.4m units shipped for the quarter ending March …
Read More »Xbox sales drop, blames ‘soft gaming console market’
Microsoft entertainment and devices division sales down 16%
Read More »THQ confident after firm ‘exceeds sales estimates’
Cash balance 'three times higher' than expected for end of fiscal year, claims publisher
Read More »Microsoft reports UK growth for Xbox Live
Paid-for Xbox Live games and content are enjoying good growth” in the UK year-on-year, says Microsoft. In an interview with MCV, Xbox Live’s UK product manager Pav Bhardwaj said this includes Arcade releases, Games on Demand titles and extra add-on content. We don’t have any particular numbers as such, but …
Read More »THQ expects sales to exceed estimates
With the doom-mongers continuing the circle, THQ has announced that it expects Q4 sales to exceed expectations. The publisher had previously forecast net sales of between $130-$150m. However, it now expects non-GAAP net sales to hit between $160-170m. It credited the boost to strong sales of Saints Row: The Third, …
Read More »Tesco posts first UK profit decline for 20 years
It may be the biggest and most important retailer in the UK, but supermarket giant Tesco has posted its first fall in UK profits for 20 years. Profits at its UK arm fell one per cent to 2.5bn for the year ending February 25th. UK sales fell 1.2 per cent …
Read More »Analyst predicts sales struggle for Prototype 2
Ahead of its release next week, analyst firm Cowen and Company has predicted that Activision’s Prototype 2 will struggle at retail. Gamasutra reports that that game is likely to see a soft performance" upon release, citing that fact that it has failed to break into Amazon’s Top 100 on either …
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