Tag Archives: profit

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 …

Retail giant GameStop saw year-on-year profit fall from $40.3m to $30.9m during its fiscal quarter ending July 30th. Total sales dipped 3.1 per cent to $1.74bn for the quarter from the $1.8bn generated during the same period last year. Digital sales increased 69 per cent. However, profit before tax and …

A report from Bloomberg Japan translated by Andriasang claims that Nintendo will lose money on every 3DS it sells once yesterday’s price cut is introduced. Nintendo CEO Saturo Iwata justified this strategy at a Japanese press conference by saying that such major moves were necessary in order to improve fiscal …

Japanese publisher Capcom has reported a drop in sales for the quarter ending June 30th. Net sales fell 37.2 per cent to 11,953m. Operating income fell 22.9 per cent to 775m, though ordinary income was up 152.8 per cent at 546m. Net income climbed 58.2 per cent to 338m. Capcom …

We’re no closer to nailing down a firm release date for the game, but a calm and considered EA spoke confidently about its hopes and expectation for BioWare MMO Star Wars: The Old Republic in its Q1 conference call last night. We’ve got a very aggressive plan to be able …

Finnish firm Nokia, once the giant of the mobile phone scene, has sent a chilling warning to investors. The company has warned that it is likely to report no profit for the quarter ending June and that overall handset sales would be "substantially below" the €6.1bn to €6.6bn previously forecast. …

Sony’s Networked Products and Services division, the home of its PlayStation business, has recorded an operating profit of YEN 35.6bn (267m) for the fiscal year ending March 31st. In the same period last year the Division reported a YEN 83.3bn loss. Sales grew slightly to YEN 1,572bn (12bn). PS3 hardware …

Take-Two has reported a 49 per cent increase in revenues year-on-year for the 12 months ending March 31st. Revenue hit $1.14bn while profits reached $53.8m. In the year before it posted a loss of $108.1m. Q4 revenues fell from $233.2m in 2010 to $182.3m, while losses for the period also …

PlayStation platform holder Sony has warned investor’s that this week’s full year financial report will fall dramatically short of previous expectations. AP reports that Sony now expects a YEN 260bn ($3.2bn) loss for the fiscal year ending March 31st. Previously it had forecast a YEN 70bn ($860m) profit for the …

Operating income at Namco Bandai rocketed by 767 per cent to YEN 16,338m for the year ending March 31st 2011, the publisher has reported. This compares very favourably with the 92 per cent decline suffered in the last finical year. Recurring income climbed 760 per cent to YEN 16,399. Net …