Entries in 'loss' (58)

$308m loss for EA in Q3

$308m loss for EA in Q3

EA has reported a $308m GAAP net loss for the quarter ending December 31st – a big decline on the $45m loss reported in the same quarter last year.

Ben Parfitt
by Ben Parfitt
on Jan 29th 2014 at 9:57AM in News
EA reports another quarter of loss although digital growth continues

EA reports another quarter of loss although digital growth continues

Publisher EA has reported a $273m loss for the quarter ending September 30th.

Ben Parfitt
by Ben Parfitt
on Oct 30th 2013 at 12:37PM in News
Blackberry axing 4,500 jobs

Blackberry axing 4,500 jobs

A catastrophic loss of nearly $1bn has forced Blackberry – formerly RIM – to announce the axing of 4,500 jobs.

Ben Parfitt
by Ben Parfitt
on Sep 23rd 2013 at 9:35AM in News
Sony hopes to recoup PS4 unit losses via game and subscription sales

Sony hopes to recoup PS4 unit losses via game and subscription sales

The PlayStation 4 console will be sold at a loss, Sony has confirmed.

Ben Parfitt
by Ben Parfitt
on Sep 20th 2013 at 11:51AM in News

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Square Enix promises reforms as profit flips to loss

Square Enix promises reforms as profit flips to loss

“Various strategic reforms” are on the way for Square Enix after the company confirmed a year of losses for the 12 months ending March 2013.

Ben Parfitt
by Ben Parfitt
on May 13th 2013 at 10:51AM in News
Disney Interactive was Disney's only loss-making business during last quarter

Disney Interactive was Disney's only loss-making business during last quarter

Perhaps this explains why Disney decided to ditch LucasArts?

Ben Parfitt
by Ben Parfitt
on May 8th 2013 at 2:43PM in News
Nintendo misses income target by half, posts second successive annual loss; Wii U sells 3.45m units

Nintendo misses income target by half, posts second successive annual loss; Wii U sells 3.45m units

As predicted by analysts, Nintendo has failed to return to profitability and posted its second successive annual loss.

Ben Parfitt
by Ben Parfitt
on Apr 24th 2013 at 9:03AM in News
Tough console market sees Square Enix report loss

Tough console market sees Square Enix report loss

Square Enix has reported a net loss for the nine months ending December 31st.

Ben Parfitt
by Ben Parfitt
on Feb 5th 2013 at 9:31AM in News

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Nintendo rules out Wii U price cut despite "not delivering value proposition" to consumers

Nintendo rules out Wii U price cut despite "not delivering value proposition" to consumers

The price of the Wii U will not be cut by Nintendo in the near future.

Ben Parfitt
by Ben Parfitt
on Jan 31st 2013 at 9:53AM in News
$8bn - the total losses made by Xbox 360 and PS3

$8bn - the total losses made by Xbox 360 and PS3

The console sector is at a crossroads, and a look at the numbers behind Xbox 360 and PS3 make for uncomfortable reading.

Ben Parfitt
by Ben Parfitt
on Jan 7th 2013 at 2:56PM in News
Wii U hardware is profitable for Nintendo after one game purchase

Wii U hardware is profitable for Nintendo after one game purchase

Nintendo might be selling Wii U hardware at a loss, but each sale should still result in a profit for the platform holder.

Ben Parfitt
by Ben Parfitt
on Nov 21st 2012 at 11:48AM in News
Disney's games division drags down financials

Disney's games division drags down financials

The Interactive business was notable in Disney’s recent financials for being the company’s only unit to fail to post a profit.

Ben Parfitt
by Ben Parfitt
on Nov 12th 2012 at 3:39PM in News

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Square Enix falls short with expected $69m loss

Square Enix falls short with expected $69m loss

Having expected to break even for the six months ending September 2012, publisher Square Enix now predicts a ¥5.4bn loss for the period.

Ben Parfitt
by Ben Parfitt
on Oct 31st 2012 at 10:43AM in News
Nintendo will sell Wii U at a loss; Analyst questions launch sale predictions

Nintendo will sell Wii U at a loss; Analyst questions launch sale predictions

Some may have been surprised at the Wii U’s relatively high launch price, but Nintendo will still be selling the hardware at a loss.

Ben Parfitt
by Ben Parfitt
on Oct 25th 2012 at 9:52AM in News
Square Enix on track for FY2013 sales and income boost

Square Enix on track for FY2013 sales and income boost

Japanese publisher Square Enix believes it is on track to see an increase in both net sales and net income for the current financial year.

Ben Parfitt
by Ben Parfitt
on Aug 7th 2012 at 9:35AM in News
Sony's games division suffers £29m Q1 loss

Sony's games division suffers £29m Q1 loss

Sony's games division has posted a $45m (£28.9m) operating loss for the quarter ending June 30th.

Christopher Dring
by Christopher Dring
on Aug 2nd 2012 at 10:28AM in News

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Toys R Us posts £60m Q1 loss

Toys R Us posts £60m Q1 loss

Retail giant Toys R Us posted a $60m loss for its financial quarter ending April 28th, 2012.

Dominic Sacco
by Dominic Sacco
on Jun 11th 2012 at 12:58PM in News
Sony reports £3.5bn annual loss

Sony reports £3.5bn annual loss

Japanese electronics giant Sony has reported a ¥456.7bn (£3.5bn) loss for the year ended March 31st 2012.

Ben Parfitt
by Ben Parfitt
on May 10th 2012 at 9:14AM in News
Nintendo reports first ever annual loss

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.

Ben Parfitt
by Ben Parfitt
on Apr 26th 2012 at 9:03AM in News
Lumia fails to shine as Nokia posts €1.34bn loss

Lumia fails to shine as Nokia posts €1.34bn loss

Nokia’s first stab at reversing its torrid fortunes appears not to have taken off.

Ben Parfitt
by Ben Parfitt
on Apr 23rd 2012 at 2:43PM in News
Focus on gaming increased as Sony reveals turnaround plan

Focus on gaming increased as Sony reveals turnaround plan

PlayStation has been given the full backing of Sony CEO Kaz Hirai today as the executive outlined a plan to reverse Sony’s sliding fortunes.

Ben Parfitt
by Ben Parfitt
on Apr 12th 2012 at 8:35AM in News
Sega to downsize, axe certain games

Sega to downsize, axe certain games

Sega is expecting a loss of £54m (¥7.1bn) as it restructures its US and European operations.

Dominic Sacco
by Dominic Sacco
on Mar 30th 2012 at 11:10AM in News
Mass Effect 3 loss could cost GAME £2m

Mass Effect 3 loss could cost GAME £2m

The consequence of GAME not stocking Mass Effect 3 could be £2m of lost profit and a £6-7m drop in revenue, one analyst has predicted.

Ben Parfitt
by Ben Parfitt
on Mar 2nd 2012 at 8:26AM in News
Take-Two profits drop to $14.2m

Take-Two profits drop to $14.2m

Take-Two has reported a 65 per cent drop in profit to $14.2m for its fiscal Q3 ending December 31st 2011.

Dominic Sacco
by Dominic Sacco
on Feb 3rd 2012 at 10:11AM in News
Nintendo reverses profit forecasts

Nintendo reverses profit forecasts

Having previously predicted that it would post a small profit for the year ending March 31st, Nintendo has now said it expects to make a loss following a ...

Ben Parfitt
by Ben Parfitt
on Jan 26th 2012 at 8:40AM in News