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Activision Blizzard revenue up despite console sales decline

Activision Blizzard has posted "better than expected" financial results forQ2 2017.Net revenue hit $1.63bn for the quarter ending June 30th, rising 4 per cent year-on-year. Digital channels, meanwhile, grew 15 per cent year-on-year to reach $1.31bn. That said, console sales for Q2 were actually down 13 per cent year-on-year for …

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EA’s digital net sales hit record high for Q1

EA has announced its Q1 2018 results for the three months ending June 30th 2017, and digital net sales reached $3.147bn for the trailing 12-month period, representing 63 per cent of the company’s total net sales. That’s an increase of 23 per cent year-on-year. For the quarter, total net revenue …

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PlayStation sales rose 5.4% in Q1, but operating income dropped by 59.7%

Sony released its Q1 fiscal year 2017 results this morning and sales from its game and network services division rose 5.4 per cent year-on-year to 348.1bn. This was due to an increase in PS4 software sales and PS VR sales, but its growth was offset by the impact of the …

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Capcom sales up 7.5% year-on-year

Capcom just published its financial results for the three months ended on June 30th, with net sales reaching 11,746m yen (80.6m) and representing a 7.5 per cent increase compared to the same period last year. The Japanese developer and publisher estimates its revenue will reach 93bn yen (638m) by the …

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Nintendo Switch hits 4.7m units worldwide

Nintendo has released its three-months earnings report for the period ending June 30th 2017, and we now know the Switch has sold 4.7m units worldwide to date. Between April and June, the Switch sold another 1.97m pieces of hardware, while total software sales topped 8.14m units. Of that figure, a …

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Xbox hardware revenue down 29% after fall in Q4 sales

Microsoft has released its Q4 earnings report for FY17, and its gaming revenue has increased three per cent year-on-year to hit $1.6bn, driven largely by Xbox software sales and services. This figure may well have been higher, however, were it not partly offset by a decline in Xbox hardware revenue. …

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Ubisoft Q1 sales up 45.2% YOY thanks to strong back catalogue performance

Ubisoft has announced its Q1 sales report for fiscal year 2017-18. Sales were up 45.2 per cent year-on-year between April and June 30th, amounting to €202.1m. That’s just over €30m more than expectations. Of that €202.1m, 94.3 per cent came from back catalogue sales, which equated to €190.4m. A lot …

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Take-Two: ‘Our business has been transformed’ by digital

The news of Red Dead Redemption 2’s delay until spring 2018 may have come as something of a disappointment this morning, but Take-Two’s fourth quarter and fiscal year 2017 results show the publisher couldn’t be in better shape to weather the storm. A huge growth in digital sales has been …

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