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Activision Blizzard revenue up despite console sales decline

Activision Blizzard has posted "better than expected" financial results forQ2 2017.Net revenue hit $1.63bn for the quarter ending June 30th, rising 4 per cent year-on-year. Digital channels, meanwhile, grew 15 per cent year-on-year to reach $1.31bn. That said, console sales for Q2 were actually down 13 per cent year-on-year for …

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Take-Two nets $365m during fiscal Q2

Take-Two has beaten its quarterly revenue expectations by almost $50m, as revealed during its latest financials. The 2K and Rockstar parent was previously predicted to generate $318.3 million in revenue during its fiscal Q2, but well surpassed that sum to bring in $364.9 million – a 169 per cent annual …

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New NeoGeo X handheld console confirmed

The rumoured NeoGeo portable is real and will launch in Q2 2012. UPDATED: New picture and revised game list. Video game accessories and retro console specialist Blaze has struck a deal with Japan’s SNK Playmore and US distributor Tommo to bring the NeoGeo X handheld console to market. It will …

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GameStop profit dips 23% in Q2

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 …

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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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Q2 sales up at GameStop

Video games retailer GameStop has reported a 3.4 per cent increase in overall sales to $1.08bn for the quarter ending June 30th 2010. Like-for-like store sales increased by 0.9 per cent thanks mostly to a 5.3 per cent jump in the sale of new games. Net earnings for the period …

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Q2 losses for SouthPeak

Virginia-based US publisher SouthPeak Interactive has seen the $1.2m profit it enjoyed in the quarter ending December 31st 2008 turn into a $2.6m loss for the same period in 2009. Also down were revenues – they fell from $17.3m to $10.1m, a decline of 42 per cent. Operating costs, however, …

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PS3 sales up year-on-year

PlayStation platform holder Sony has reported losses of YEN 26.3bn (175) for its 2009 Q2 with its Networked Products & Services Division – which houses its PlayStation and PC operations – seeing losses increase year-on-year. The PlayStation division suffered a 24 per cent drop in sales compared to the same …

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Nintendo Q1 profits tumble 61%

Nintendo has become the latest video games company to suffer significant year-on-year declines, with net profits down 60.6 per cent in Q1 2009-2010 to YEN 42 billion, compared to YEN 107 billion in the same period a year before. The firm this morning reported operating profits of YEN 40bn for …

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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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