Tag Archives: financial results

GAME bucks trend with record results

GAME Group has posted encouraging gains in both turnover and profit during its preliminary results for the year ended 31 January 2009. Group turnover reached 1.97bn for the period, an impressive 32 per cent gain on the 1.49bn achieved in the same period last year. At the same time the …

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AMD losses widen

Chip maker AMD saw losses widen in the first calendar quarter as the PC market went through a painful sales drought. A slump in demand for microprocessors saw quarterly sales sink by 21 per cent to reach $1.18bn, though this was still better than the previously projected result of $978 …

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Sainsburys enjoys best ever Christmas

Sainsbury’s has announced that it enjoyed its best ever Christmas period, boasting strong performance and healthy increases in sales during the third quarter of its financial year. The supermarket reported that total sales for the three months ended January 3rd had risen by 4.8 per cent, or 5.3 per cent …

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Pachter: Take Two has made a mistake

Following Take Two’s stern rejection of EA’s $26 per share offer for the firm earlier today , Wedbush Morgan’s Michael Pachter has stated that he believes the publisher’s board has made an error of judgement. We’re frankly surprised by Take Two’s rejection of EA’s offer,” Pachter stated. Although many of …

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GTAIV masking recurring problems at Take Two

In the wake of last night’s financial report from Rockstar-owning Take Two, Wedbush Morgan analyst Michael Pachter has stated that the upcoming financial uplift that will accompany the release of GTAIV is not enough to hide the problems faced by the publisher. Take Two is pretty much the same company …

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GTAIV expected to sell 9m units

Following Take Two’s financial results last night , leading games analyst Michael Pachter has said he is unimpressed with the results, though he does expect GTAIV to be an overwhelming success. We are relatively unimpressed with Take Two’s lineup for the next financial year with the glaring exception of GTA …

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