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World of Warcraft revenues "drop 54% in seven months"

One analyst has speculated that the time may be nearing for Activision Blizzard’s World of Warcraft to make the jump to free-to-play. A report by Superdata Research, as spotted by CVG, claims that the MMO has experienced a drop in revenues of 54 per cent in the last seven months. …

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Apple reports first quarterly profit drop in a decade

A net profit of $9.5bn for the quarter ending March was not enough to see Apple avoid its first quarterly profit decline in a decade. That’s down from the $11.6bn profit recorded in the same period the year before. In truth, Apple actually beat its guidance thanks to stronger than …

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Ubisoft says Wii U "will find its public"… as long as Nintendo cuts the price

Nintendo’s Wii U could yet be successful provided Nintendo lowers the console’s RRP. That’s the verdict of Ubisoft’s executive director for EMEA territories Alain Corre, who told Edge that despite a disappointing start the machine could yet find traction. Always,” he said when asked if he’d like to see a …

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Apple’s value drops £80bn in two months

Shares in tech giant Apple have slid 20 per cent since the launch of the iPhone 5 in September. That represents a loss in value of over 80bn, with shares reaching a five-month low during yesterday’s trading. It is currently worth in the region of $530bn. Apple’s share price hit …

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Q4 games advertising revenue drops 40% this Christmas

The age of excess is clearly over. UK games firms are spending 99m on advertising this Christmas, MCV can reveal. That’s a drop of 40 per cent year-on-year. The figures are based on a survey of the biggest companies in the UK games industry. In comparison, publishers, retailers and developers …

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Pirate Bay traffic returns to pre-block levels

Peer-to-peer activity on The Pirate Bay in the UK is almost back at the level it was before the site was blocked. The BBC reports that an ISP – speaking under conditions of anonymity – said UK P2P traffic for the site peaked throughout the high-profile court case that resulted …

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What’s causing the drop in games TV advertising?

2012 games and consoles TV activity up to February 12th has remained fairly static year-on-year, with a three per cent decline in individual TVRs. This week we look at two of the key contributing factors to this change. The number of campaigns that have been on air can be a …

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US game sales dip 11% in Q3

US consumers spent an estimated $4.2bn on video games in Q3 overall – a year-on-year drop of 11 per cent. That figure represents money spent on hardware, content and accessories, according to the Q3 2011 US Games Market Dynamics report from The NPD Group. Buyers spent $1.3bn on new physical …

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Mafia Wars 2 sheds 900k users in under a month

Casual games title Mafia Wars 2 has suffered an exodus of players in November. Business Week reports that having hit a user peak of 2.5m daily active users in October. However, that number has tumbled by a massive 900k players in November according to AppData. The site goes on to …

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Zynga gets its first taste of economic slowdown

Casual games giant and CityVille publisher Zynga has reported a slight slow down in growth for the first time in its history during its June quarter. Year-on-year profits for the period fell to $1.3m – that’s a drop of 95 per cent. Revenue continued to grow though at a slower …

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