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Tag Archives: decline

GAME’s profit and revenue fall during H1

GAME’s earnings were down by almost 10m for the half-year until January 23rd, 2016. The firm cited the ‘challenging UK market’ for the slump in earnings, which totalled 33.1m. The figure is a slight improvement on the profit warning GAME issued in January, when it predicted that its half-year results …

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22Cans: ‘Crowdfunding has waned, and that’s a good thing’

Kickstarter is losing its popularity and that’sgood news for the games industry, says 22cans. The developer came under fire from the media and consumers after its Kickstarter project – Godus – suffered development issues. The firm later admitted it may fail to meet some of the pledges it made to …

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Handheld gaming’s battle to hold on

Calling any area of the games industry ‘dead’ is something that invariably comes back to haunt the person that said it. Nintendo in the early 2000s? Dead. PC gaming? Dead. Console gaming? Dying. All statements that were proven unequivocally wrong in the fullness of time. And yet when presented with …

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Video game pre-orders are in decline, and Call of Duty ‘is not immune’

Despite the seemingly growing emphasis publishers place on pre-orders, they are in fact in decline. That’s according to Activision CEO Eric Hirshberg who told investors, as transcribed by Seeking Alpha, that Call of Duty is just one of many titles to see a decline in pre-orders in 2014. You see …

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Wii U sales back to pre-Mario Kart 8 levels in Japan

The Mario Kart 8 effect on Wii U sales appears to be over in Japan. Famitsu sales data for the week ending June 22nd shows that Wii U sold 8,373 machines throughout the week. That’s slightly less than the 8,858 sold in the week before Mario Kart 8 was released, …

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Zynga user numbers have halved in the last year

Zynga has lost nearly half of its daily active userbase and more than half of its monthly active users in the last year. Figures in the mobile and social gaming firm’s latest financial report show that the current number of daily active users is at 28m, up from 27 million …

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iPad sales slump, although iPhone growth continues

While Apple’s iPhone continues to grow its sales, its iPad tablets are failing to do the same. The firm sold 16.4m iPads during Q2 2014, compared to 20m sales in Q2 2013. iPhone sales during the quarter hit 43.7 million – an increase of over five million compared to the …

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Facebook share price continues to fall

Having seen $10bn wiped off its value yesterday, Facebook has again got off to a troubled start on the markets today. Following its acquisition of Oculus for $2bn on Tuesday night, Facebook saw a seven per cent decline in its share price throughout yesterday, falling from $64.65 at the start …

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Share price tumbles as Future issues profit warning

Media group Future has seen its share price tumble following its recent profits warning. On Friday it warned shareholders that profits will be significantly below” expectations once again in its next report, leading to 30 per cent of its value being slashed on the markets. At the end of the …

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Nintendo’s decline ‘could be detrimental to the market’, Sony says

Any declines suffered by Nintendo will come at a cost for the wider market unless platform holders act. That’s according to UK PlayStation boss Fergal Gara, who told TrustedReviews(as spotted by NintendoLife): "[The decline of Nintendo] could be detrimental to the market, unless people like us raise our game and …

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