MCV/DEVELOP News, events, research and jobs from the games industry
The PC games market has now surpassed the console gaming sector in terms of revenues, an analyst has claimed. DFC Intelligence owner David Cole told PCR: "On a global basis PC games have surpassed console games but the new console systems means consoles should show an increase. "The MOBA games …
Read More »Four GungHo games are making $1m per month
GungHo Entertainment has four games each generating around $1m per month in revenue. CEO Kazuki Morishita said, in an interview withBloomberg, that the Japanese publisher has six profitable title overall, with four of those breaking 100 million (583,576) every month. That isn’t good enough for the Morishita, however, who said …
Read More »Google Play downloads tracking 45% ahead of Apple App Store
A new report says that total Google Play downloads are currently tracking ahead of the Apple App Store in terms of volume. Google Play downloads lead the App Store by 45 per cent in Q1 2014, up from 35 per cent in Q4 2013. However, App Annie’s Q1 2014 Market …
Read More »GameStop narrowly misses revenue estimates as Q4 like-for-likes climb 7.8%
Global games retailer GameStop has reported a like-for-like sales increase of 7.8 per cent for the quarter ending February 1st. Sales for period grew from $3.56bn last year to $3.68bn, although this was short of the $3.79bn consensus estimate. Earnings fell from $261.1m last year to $220.5m. For the full …
Read More »Smartphone games account for 75% of app store spending
Google Play and iOS games accounted for 75 per cent of app store spending last year. It was a year of major growth for the smartphone sector as areport by IDC and App Annie foundconsumer spend on Google’s Android games store increased by over four times in Q4 2013 compared …
Read More »Clash of Clans is making $654k a day
Supercell’s Clash of Clans is certainly showing the established games powerhouses how it’s done. Business Insider reports that AppData numbers suggest the free-to-play smartphone title is making an astonishing $654,000 a day for the Finnish games firm. An App Annie report last month revealed that Clash of Clans is currently …
Read More »PlayStation revenues up 65% following PS4 launch; Sony confirms Vaio sell-off
The launch of PS4 has led to a sharp increase in operating revenue for Sony’s PlayStation unit. Operating revenue grew 64.6 per cent to 441.8bn (2.67bn) for the quarter ending December 31st. Operating income grew over 290 per cent to 18bn (109m). The discrepancy is due to the various costs …
Read More »Smartphone switch would net Nintendo $2.7bn over next-gen lifecycle, analyst claims
Nintendo is snubbing the chance to earn nearly $3bn in the next seven years by not bringing its IP to smartphones. That’s according to a piece entitled Nintendo’s $2.7bn mobile games opportunity that’s never going to happen” by SuperData Research. By all accounts, the notoriously proprietary-only publisher and device maker …
Read More »$308m loss for EA in Q3
EA has reported a $308m GAAP net loss for the quarter ending December 31st – a big decline on the $45m loss reported in the same quarter last year. Revenue fell $112m to $808m. Digital revenue climbed from $321, to $410m but packaged goods revenue fell from $568m to $370m. …
Read More »Tencent F2P FPS Crossfire made $950m in 2013
Tencent’s free-to-play shooter CrossFire brought in revenues of nearly $1 billion in 2013. That’s according to research fromSuperDatawhich found that the SmileGate-developed title brought in over 50 per cent more revenue than Riot Games’ hugely successful MoBA League of Legends – also published by Tencent – which took $624 million …
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