Tag Archives: revenues

Growth reported at Microsofts Xbox division

Microsoft’s Entertainment and Devices Division has recorded jumps in revenue for both the last quarter and the full year as a whole. Q4 2011 revenue climbed 30 per cent year-on-year to $1.49bn, with annual revenue increasing 45 per cent. Profit reached $32m. Xbox Live revenue was up, as were sales …

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GameStop sales to hit $1.5bn in 2014

US games retail giant GameStop is expected to reach revenues of $1.5bn in 2014 due to an increased digital push. Financial research firm Baird predicts sales volume from GameStop properties will grow from $500m this year, with a growth rate of 50 per cent each year going forwards. It came …

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Free to play titles take charge of Apples App Store

The growing momentum of free to play games is not just taking over the MMO market – it’s also taken control of Apple’s App Store marketplace. TouchArcade has word from the latest Flurry report which shows that free-to-play games now account for 65 per cent of the total revenues from …

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Big digital expectations for EA

Underlining the growing digital aspirations of the major third party publishers, EA has set itself a lofty goal for the years ahead. Speaking to Lazard Capital Markets analyst Colin Sebastian, EA’s chief financial officer Eric Brown has claimed that the firm is aiming to generate revenues in excess of $40m+ …

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Atari online revenues soar 494%

Atari’s revenues dropped from €92.5m (77.7m) to €41m (34.4m) year-on-year during the nine months ending December 31st. Despite the 55.7 per cent dip in overall revenues, Atari’s online business grew 493.5 per cent during the fiscal period. €18.4m (15.4m) was generated in this area compared to €3.1m (2.6m) the year …

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Software plunge troubles Best Buy

Retailer Best Buy has reported revenues of $8.4bn for December 2010 – a 1.6 per cent decline year-on-year. The US market in isolation suffered a 3.2 per cent dip to $6.5bn, which was partially made up for by a 4.5 per cent jump in international revenues to $1.9bn, though Best …

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Namco Bandai reduces losses

Publisher Namco Bandai has posted a net loss of 1.93bn (around $24m) for the first half of its financial year. The number is a big improvement on the loss of 6bn ($74m) seen in the same period a year before. Net sales for the period were up slightly at 173.60bn …

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Profit creeps up at Activision Blizzard

Activision Blizzard has reported a net profit of $51 for the quarter ending September 30th 2010, up on the $15m it recorded in the same period the year before, Net revenue was up from $703m last year to $745m this time. Sales reached $397 – in 2009 that figure stood …

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$47m Q2 loss for THQ

Publisher THQ has reported increased losses of $47m for its second quarter ending September 30th. That’s up on the $5.6m loss it registered in the same quarter a year before. Net sales hit $77m, somewhat down on the $101m reported in 2009. Unusually, it was Nintendo’s DS that performed the …

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Apple reports record revenues

Apple’s powerhouse status in the consumer tech sector was reaffirmed last night with its reporting of Q3 revenues hitting $20.34bn – that’s up on the $12.21 seen the in same quarter last year and represents a new record for the company. Net profit for the quarter was $4.31bn – up …

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