EA’s share price passed the $100 mark yesterday after what boss Andrew Wilson described as a milestone year. Q4 revenues jumped 16 per cent to $1.53bn, although net income fell nearly 40 per cent to $566m. However, while physical game sales were flat, digital revenues are soaring. Furthermore, the company …
Read More »Global games market to hit $108.9bn in 2017 – Newzoo
The global games market will reach $108.9bn (84bn) in 2017, according to Newzoo’s latest quarterly update, showing a growth of 7.8 per cent year-on-year. The vast majority of that figure will come from digital game revenues, says Newzoo, reaching $94.4bn (72.8bn), or 87 per cent of the global market. This …
Read More »GameStop Q4 revenues fall 13.6%
Global games retailer GameStop has reported year-on-year drops in both revenue and income. Revenues for the quarter ending January 28th fell 13.6 per cent to $3.05bn, while net income dropped 18 per cent to $208.7bn. Adjusted earnings were down by three per cent. Comparable store sales declined by 16.3 per …
Read More »Pokemon Go is the fastest app to reach $1bn gross revenue
Pokmon Go has become the fastest app to surpass $1bn in worldwide gross revenue, according to a new report from data analyst Sensor Tower. After just seven months on the market, Niantic’s mobile mega hit continues to show up its rivals, earning almost double the revenue of rival title Clash …
Read More »Report: mobile games revenue to overtake PC games revenue in Southeast Asia by 2018
Predicted revenue in the region of $1.8b by 2020
Read More »Microsoft’s gaming revenue declined 5% in Q1 2017
Microsoft’s gaming revenue declined 5% in the first quarter of the 2017 financial year, with the company blaming lower console revenue. In the detailed breakdown of finances for Q1 2017 Microsoft revealed that its gaming division hasn’t been doing so well recently, with a massive 5% drop in revenue when …
Read More »iOS developers can now implement paid app subscriptions
Auto-renewal, tiers and up to 85 per cent revenue among the offerings for mobile creators
Read More »Minecraft is the only premium app in the US 50 top-grossing
$6.99 Pocket Edition comes in at number 31 behind Clash of Clans, Pokémon Go, Hearthstone and more
Read More »App Store developers have made more than $50 billion, Apple reveals
CEO Tim Cook adds that July 2016 saw a record-breaking amount of money earned by devs
Read More »Worldwide Pokemon Go revenue passes $160m, report claims
Niantic’s Pokemon Go has, in less than a month, surpassed $160m in global App Store and Google Play revenue. That’s according to analytics firm Sensor Tower. This is a number that is set to increase further, too, what with the Chinese and Brazilian rollouts yet to happen. Furthermore, despite the …
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