Tag Archives: profits

Strong profits at Sony

Japanese electronics giant Sony has posted operating profits of $1.6bn for its third fiscal quarter – its first profit in five quarters. It’s a big improvement on the $197m loss seen in the same period the year before. There were also strong results at the Networked Products and Services Division …

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Profits up 866% at Capcom

Capcom has reported net profits of YEN 1.73bn ($19.1m) for the nine months ending December 31st 2009 – a whopping 866 per cent increase on the same period a year before. Net sales hit YEN 49.98bn ($554m) in the period, up five per cent year-on-year. Star performers included the Monster …

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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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Economics of Rock Band are improving

The owner of MTV and developer Harmonix has stated that the financial outlook for its Rock Band series is rosier than it once was – though Viacom does admit that progress has been slower than it might have hoped. The economics of our Rock Band franchise are improving, though not …

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Konami predicts profit slump

Ahead of the publication of firm numbers for its current financial year, publisher Konami has issued a stark word of caution to investors, warning them that the numbers are likely to bring bad news. Konami expects that profits for the current financial year will be 82 per cent down on …

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Record profits for Apple

Apple has reported revenues of $9.87bn and net profits of $1.67bn for its fiscal fourth quarter – its most profitable ever. The company sold 7.4m iPhones during the quarter, up 7 per cent year-on-year despite component shortages for the iPhone 3GS in July and August. "For almost the entire quarter, …

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Games blamed as Amazons profits fall

Despite a 14 per cent year-on-year increase in Amazon’s Q2 revenue at online retail colossus Amazon, the website has reported lower than expected profits for the last 12 months – and video games have been named as one of the chief culprits. Sales for the period climbed overall reaching $4.65bn …

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HMV profits up 18.4%

Entertainment giant HMV Group has seen its annual revenues rise 4.4 per cent to 1.96 billion for the financial year ending April 25th. After tax profits have reached 44.2 million, an increase of 18.4 per cent over the year before. Like-for-like sales for HMV UK and Ireland rose 1.9 per …

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NCsoft income rockets 315%

MMO publisher NCsoft has banished the memories of a financially challenging 2008 with an impressive start to 2009 – net income for the quarter ending March 31st was up 315 per cent year-on-year, reaching $27m. Operating income jumped 128 per cent at $34.3m, whilst sales hit $107.7 per cent – …

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Home Retail Group profits fall by 24%

Home Retail Group has seen its profits slashed by a quarter, as the recession hits its Argos and Homebase brands. Profits at the group fell to 328m for the year to February 28th. However, the group recorded a loss of 402m due to write downs of 694m and what it …

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