Tag Archives: financial

Konami profits slip 40%

Japanese publisher Konami has reported profits of $116.7m for the nine months ending December 31st – a 40 per cent year-on-year decline. Profits were down 18 per cent compared to the same period in 2008 at $2.1bn. The steepest decline stemmed from Konami’s gaming operations, where revenue fell 33 per …

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Nintendo suffers sales slump

Though it was the star festive performer of 2009, platform holder Nintendo has reported a drop in both sales and profits for the nine months ending December 31st. Profits were down 9.4 per cent at YEN 192.6bn (1.3bn), down from YEN 212.5bn (1.4bn) in the same period the year before. …

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Apple profits soar 50%

Tech lifestyle leader Apple has revealed a 50 per cent year-on-year jump in profits for the quarter ending December 26th. Income for the period hit $3.38bn, drastically up from the $2.26bn in the same period in 2008. Sales climbed from $11.9bn in 2008 to $15.7bn this time around. The numbers …

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Pressure mounts on Riccitiello

John Riccitiello’s job at the helm of global games publisher could be under threat if the latest talk from US market analysts is to be believed. Earlier this week EA was forced to cut its financial forecasts for the second year in succession, leading investors to question the strategy being …

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Chips plans New Year bounce-back

Specialist chains Chips is optimistic that the busy Q1 release slate will boost the firm, despite the fact that financial pressures forced it to enter a Company Voluntary Arrangement last month. Chipsworld entered the CVA after running up significant debts with HMRC, although this only impacts the 11 company-owned stores. …

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Take Two not expecting profit this year

Though the title means little to consumers on this side of the Atlantic, the disappointing performance of 2K Sports’ Major League Baseball has lead to parent company Take Two cutting its profit forecast for the current financial year. The publisher now expects full year revenue of $950-975m for the year …

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Losses increase at Playlogic

Amsterdam-based publisher Playlogic suffered a net loss of $6.7m for the nine months ending September 30th – a significant increase on the $2m loss suffered in the same period a year before. Net losses for the quarter ending September 30th reached $3.2m, only just above the $3m loss in the …

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Loss turns to profit at Activision

In news that has exceeded expectations, publisher Activision Blizzard has revealed that it made a profit of $15m in the last financial quarter – a huge improvement on the $108m loss seen in the same period the year before. Net revenues for the quarter ending September 30th hit $703m – …

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Ubisoft H1 sales fall 51.7%

French publishing giant Ubisoft has released its H1 2009/2010 financials, ending September 30th 2009, which reveal that sales of the company’s software sales fell by 51.7 per cent compared to the same period the year before. Total sales for the six months ending September hit €166m – last year that …

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Profits and revenues fall at Microsoft

Windows and Xbox platform holder Microsoft has reported its results for the first quarter of its 2010-2011 financial year, revealing falls in revenue and income for the three months ending September 30th. However, there was good news for the company’s Entertainment and Devices Division, which saw yet another year of …

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