MCV/DEVELOP News, events, research and jobs from the games industry
Microsoft’s Entertainment and Devices Division has reported another annual revenue increase, though falling Xbox 360 sales hint that perhaps thoughts in some quarters have turned to the next generation. Revenue for the three months ending September 30th hit $1.96bn, up nine per cent on last year’s $1.8bn. Xbox revenue in …
Read More »EA top of the league with 1m FIFA sales
Electronic Arts has netted 1m UK sales of FIFA in record time. MCV understands that the latest game in the hit franchise passed the 1m unit barrier earlier this week.It means that FIFA 12 has enjoyed the most successful launch for the series to date. According to Gfk Chart-Track, 18 …
Read More »GAME: 40% of annual revenue to come from next 10 weeks
Nearly half of game retail’s annual revenues will come from just one fifth of the calendar year. That’s according to GAME Group CEO Ian Shepherd, who has told investors that he hopes a strong set of releases will make up for the rough retail climate that has defined the year …
Read More »Zynga gets its first taste of economic slowdown
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 …
Read More »In-app purchases account for 3/4 of iOS revenue
Nearly three quarters of all App Store revenue comes from in-app item sales, new data suggests. A study published by smartphone analyst firm Distimo claims that the huge bulk of App Store cash comes from a relatively small crop of apps. Only four per cent of iOS applications utilise in-app …
Read More »Heavy Rain dev lost 10m to pre-owned sales
French developer Quantic Dream has estimated that it lost anywhere between €5m and €10m to pre-owned sales of its PS3 hit Heavy Rain. It came to this number by comparing the number of players registering Trophies on PSN and the game’s actual sales. On my small level it’s a million …
Read More »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 …
Read More »UK software sales monitor: Market makes £11.2m
UK retail finally enjoyed a slight rise as it generated 11.2m from game sales this week. That is a five per cent increase compared to last week’s 10.7m. A total of 586,596 games were sold in UK retailers this week. Last week 563,110 were sold. Zumba Fitness continued to outsell …
Read More »FIFA the star as digital grows at EA
The traditional gaming sector’s current digital crusader, EA, has reported a stellar digital performance for its fiscal Q1 ending June 30th. Overall digital revenue for the period jumped 24 per cent year-on-year to $209m. Revenues for free-to-play and micro-transaction content climbed 32 per cent to $70m. Mobile and handheld content …
Read More »ANALYSIS: Riccitiello’s $1bn digital dream
EA will smash its $1bn digital target this year, analysts have predicted.It follows the publisher’s $750m to $1.3bn acquisition of PopCap. The move means EA is now back as the No.2 publisher on Facebook (behind Zynga) and its mobile revenues should top $300m this year. EA made $833m in digital …
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