Vital Statistics

Results for the quarter ended June 30th:

Net revenue: $395m (Down four per cent year-on-year)

Gross profit: $229m (Seven per cent drop year-on-year)

What EA said: This cycle is developing quite differently than the last cycle. The next-gen hardware build is going a little more slowly.” John Riccitiello, CEO

What the analysts said: Electronic Arts’ results exceeded the high end of its Q1 guidance due to better than expected product sales and a foreign exchange benefit.” Michael Pachter, Wedbush Morgan

Results for the quarter ended June 30th:

Net revenue: $509m (Up 5.2 per cent year on year)

Net income: $32.5m (Up 82.2 per cent year on year)

What Konami said: The market has attracted a broad cross section of users of both sexes and all ages now that next-generation systems and handhelds are available.”

Results for the quarter ended June 30th:

Games division posted operating losses of 245m

Group net profits $558.4m: (Up 51.4 per cent year-on-year)

Operating revenues $16.8bn: (Up 13 per cent year-on-year)

What Sony said: PS3 sales are picking up pace.” Nobuyuki Oneda, CFO

Results for the quarter ended June 30th:

Net income: $27.8m (Rise of 163 per cent year-on-year)

Net revenues: $495.5m (Up 163 per cent year-on-year)

What Activision said: Our focus on growing our strong franchises and next- generation console leadership position is yielding superb results.” Robert Kotick, CEO

What the analysts say: We believe guidance contemplates strong sales of upcoming releases Guitar Hero 3, Tony Hawk and Call of Duty 4 over the holidays as well as accelerating growth internationally.” Colin Sabastian, Lazard Capital

Results for the quarter ended June 30th:

Sales: $104.5m (Down 24.7 per cent year-on-year)

Net loss: $9.3m (Down 23.1 per cent year-on year)

What THQ said: Our revenue guidance was right in line. What the Street didn’t anticipate was an additional $10 million in marketing for Stuntman and Juiced 2.” Brian Farrell, CEO

What the analysts say: THQ reported lighter than expected revenues due to European PC sales shortfall, offset by solid sales of new release Ratatouille.” Michael Pachter, Wedbush Morgan

Results for the quarter ended June 30th:

Net revenues $31.8m: (Up 18.5 per cent year-on-year)

Losses $14.3m: (Down 53.8 per cent year-on-year)

What Midway said: We are at the culmination of the first part of our next generation strategy, and we are very excited to show the market the fruits of our labours.” David Zucker, CEO

What the analysts said: Results were better than expected, although still weak due to its investments in next generation game development as well as light sales of its new releases.” Michael Pachter, Wedbush Morgan

Results for the quarter ended June 30th:

Net revenue: E134m (Up 90.5 per cent year-on-year)

Revenue guidance for FY ’08 raised by 9 per cent

What Ubisoft said: Our performance has once again proved the relevance of our early positioning in the casual gaming sector.” Yves Guillemot, CEO

What the analysts say: Ubisoft had another stellar quarter of sales.” Michael Pachter, Wedbush Morgan

Results for the quarter ended June 30th:

Q1 net sales: $803m (Up 11 per cent year-on-year)

Operating loss: $42.8m (Cut by 14 per cent year-on-year)

What Sega said: R&D costs were above the comparable period’s levels, and major titles slated for release in the second half, this lead to an operating loss in the segment.” Financial Statement

Revised financial forecasts following GTA IV delay:

Expected revenue for third quarter ended July 31st: $195m-$205m

Revised revenue guidance for FY 07 ending October 31st: $950m-$1bn

Expected revenue for fourth quarter ended October 31st:  $275m-$300m

What Take 2 said: Other than a matter of timing, the movement of GTA IV does not compromise Take-Two in any way.” Strauss Zelnick, Chairman

What the analysts said: Investor confidence appears to have been shaken. While we believe that new management will ultimately succeed in turning Take-Two’s fortunes around.” Michael Pachter, Wedbush Morgan

Results for the quarter ended June 30th:

Net sales: $2.86bn (Up 160 per cent year-on-year)

Operating income: $761m (Up 214.7 per cent year-on-year)

Net Income: $674.3m (Up 416 per cent year-on-year)

What Nintendo said: Nintendo boosted projections for shipments of Wii and Nintendo DS hardware and software for the fiscal year ending March 31, 2008. Worldwide sales of Wii hardware reached 9.27 million units at the end of June 2007. Sales of Nintendo DS hardware reached 47.27 million worldwide at the end of June 2007. Upward revisions were made to sales, shipments and profit forecasts, due to expected robust sales of Wii and DS.” Financial Statement

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