Tag Archives: revenues

GAME CFO steps down as profits dip

The honeymoon period for the new GAME shows no sign of returning with a drop in profit and the news that the retailer’s CFO is stepping down. Group revenue for the 26 weeks ending January 24th fell 0.7 per cent to 586.4m, with gross profit down 1.6 per cent at …

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PlayStation makes nearly £3bn in Q3

Sony has reported an increase in sales and income for the quarter ending December 31st. Revenues were up 6.5 per cent to 14.4bn, with operating income up by over 100 per cent at just over 1bn. Favourable exchange rates were credited as the main reason for the boom, although PS4 …

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Xbox One and Xbox 360 shipped 1.1m in quarter ending June 30th

Microsoft has confirmed that it shipped 1.1m combined units of the Xbox One and Xbox 360 in the three months ending June 30th. Crucially, what isn’t known are the precise numbers for Xbox One, nor how many of those units were actually sold. In the corresponding quarter last year prior …

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Console and PC game revenues to decline by 12% by 2019

The growth of mobile gaming will erode the console and PC games market by 12 per cent over the next five years. That’s according to Juniper Research which says that the sector revenues will decline from $46.5bn to $41bn by 2019. Despite this, console and PC games will still account …

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World of Warcraft revenues "drop 54% in seven months"

One analyst has speculated that the time may be nearing for Activision Blizzard’s World of Warcraft to make the jump to free-to-play. A report by Superdata Research, as spotted by CVG, claims that the MMO has experienced a drop in revenues of 54 per cent in the last seven months. …

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Disney’s games division drags down financials

The Interactive business was notable in Disney’s recent financials for being the company’s only unit to fail to post a profit. GameSpot reports that Disney Interactive, home to amongst other things its video games operations, was the only one to post a loss for both Disney’s most recent quarter and …

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FIFA 13 sells 7.4m units, helps EA meet financial expectations

EA has reported revenue of $1.08bn for its most recent quarter, falling roughly in line with analyst expectations. The numbers are slightly above the $1.03bn reported in the same period in 2011. FIFA 13 was the star performer with total sales in the four weeks since launch of 7.4m units …

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Zynga posts third quarter of losses

A loss of nearly $53m for the last quarter means that Zynga has now posted total losses of nearly $161m over the last nine months. But it wasn’t all bad news, and with numbers coming in ahead of expectations investors may this morning be feeling that there’s some reason for …

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UK games retail makes £14.6m

Kinect Star Wars helped the UK games retail market get back on track last week, which generated over 2m more than it did the prior week. The title pipped FIFA Street to the No.1 spot and became the first Kinect-required game to top the charts. It wasn’t just a handful …

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Mass Effect 3 loss could cost GAME £2m

The consequence of GAME not stocking Mass Effect 3 could be 2m of lost profit and a 6-7m drop in revenue, one analyst has predicted. Working on the assumption that a decent triple-A title sells 0.8m-1m titles in the first few weeks of release in the UK and assuming GAME …

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