Tag Archives: q1

GameStop sales fall but chain ‘outperforms market’

Same-store sales at US retailer GameStop dropped 12.5 per cent year-on-year. These include sales at stores which have been open for at least one year, and exclude revenue generated at newer shops. The games chain blamed the decline on a lower demand for new games, but said it had outperformed …

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Revenue and income fall at Activision

Activision Blizzard has reported its financial results for the first quarter of its fiscal 2012. The company’s total net revenue was $1.17bn for the period ending on March 31, 2012; a 23 per cent drop over the same period in 2011 ($1.44bn). Net income was down year over year as …

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Rising Star readies five games for 3DS

Rising Star Games will unleash more than ten releases in the first half of 2012, including a new Harvest Moon. Five of these titles will be released on Nintendo 3DS, such as retro arcade game Bit.Trip Saga in Q1, fishing title Super Black Bass 3D and puzzler Cradle of Rome …

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EA reports strong fiscal Q1

With John Riccitiello very much still in investors’ spotlights, the exec will be breathing a little easier this morning after EA reported jumps in both revenue and profit for its fiscal Q1 ending June 30th. Revenues climbed 23 per cent to $999m while profit for the period soared from $96m …

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SWTOR to miss Q2 release

Publisher EA has said close to 1.5m people have signed up to become potential beta testers for BioWare’s upcoming MMO title Star Wars: The Old Republic. "It’s a great indicator in the interest level in the franchise," CFO Eric Brown said at the Lazard Capital Markets Technology & Media Day …

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Apple posts record $6bn profit

Apple’s quarterly profit reached $6bn in the three months ending December 25th – a year-on-year rise of 77 per cent. The record profit was backed by record revenue of $26.74bn – up from $15.68bn made in the same period the year prior. Apple sold almost 50m products during the quarter. …

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PS3 surge boosts Sony

An impressive year-on-year boost in PS3 sales has delivered a strong financial quarter for Sony for the three months ending June 30th 2010. Losses at the Networked Products and Devices Division, which includes PlayStation, dropped to YEN 3.8bn – in the same period last year that number stood at YEN …

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Nintendo income plummets

Slowing demand for the DS and the strength of the Japanese YEN have lead to a punishing quarter for platform holder Nintendo. For the quarter ending June 30th operating income fell by a considerable 42.2 per cent year-on-year to YEN 40.4bn. Sales dropped by 25.6 per cent to YEN 188.6bn. …

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Sony expected to report profit

Sony’s financial Q1 is set to bring with it a significant boost in operating profit, according to a report in Japanese paper Nikkei, as spotted by Andriasang. It claims that the period will see an operating profit anywhere between YEN 10m and YEN 30bn for the quarter ending June 30th. …

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GameStop reports earnings growth

In the face of one of the most hostile times in the history of games retail, global games retailer GameStop has reported net earnings of $75.2m for its fiscal Q1 ending May 1st 2010 – a jump of 6.8 per cent year-on-year. Total sales were up 5.1 per cent at …

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