Posts tagged @business 
Sony posts $458M fiscal 2012 net profit, forecasts 5M portable sales in fiscal 2013
Sony had a net income for fiscal 2012 (ending March 31 2013) of ¥43 billion, which converts to $458 million. It's the first time the company's posted annual net profit since 2008. A far better situation than the company's $456.7 million loss last year. As the company predicted following ...
Limited edition Mass Effect 3 Paladin pistol replica available for pre-order
BioWare has just revealed this snazzy real-life replica version of Mass Effect 3's M-77 Paladin pistol, available for pre-order today. The weapon weighs 7 pounds, is hand-finished and hand-painted, and is one of a set of only 200 made by collectible firm Triforce. Buying one for yourself will ...
Crowdfunded 'My Carnival' is a video game designed to help children with cystic fibrosis
AccessAble Games has announced a new campaign to raise funds for a free video game designed to help children with cystic fibrosis learn how to perform their breathing exercises correctly. Cystic fibrosis is a genetic disease that requires daily physiotherapy training, and while experts say there ...
Disney Interactive down $54 million in Q2
By the end of the second quarter of its fiscal year, Disney Interactive was once again the media conglomerate's only unprofitable sector, reporting a $54 million operating income (read: pre-tax) loss for the three month period ending March 31, 2013. This is, however, a 22 percent year-over-year ...
Yoshida: Sony did not consider an always-on PS4
The PS4 won't require an "always-on" internet connection, and it was never going to need one, Sony President of Worldwide Studios Shuhei Yoshida told Game Informer (via Gamespot). "Did we consider it? No, we didn't consider it," Yoshida said. "The main reason being that many countries don't have ...
Ubisoft fired another THQ Montreal veteran yesterday, Desilets says
Ubisoft fired original Assassin's Creed creative director Patrice Desilets yesterday, after his rocky transition from Ubisoft, to THQ Montreal and back to Ubisoft. One of his colleagues, Jean-François Boivin, was also fired yesterday, Desilets tweeted. Boivin traveled from Ubisoft to THQ ...
Activision Blizzard closes out Q1 2013 with $1.32 billion net revenue
The first quarter of Activision Blizzard's fiscal 2013 has come to a close, with the massive developer/publisher reporting $1.324 billion in net revenue for the three months ending March 31, 2013. This figure is $164 million beyond Activision Blizzard's prediction for the quarter ($1.16 billion), ...
EA kills licensing deals with gun makers, keeps those guns in games [Update]
Behind the scenes, EA is dropping licensing ties to real-life gun manufacturers, but on-screen it still intends to use branded guns in its games. Most recently, EA has worked with gun manufacturers such as McMillan Group International and gun magazine maker Magpul to promote Medal of Honor: ...
Capcom year-end results: sales up, profit down, Resident Evil 6 failed to meet projections at 4.9M
Resident Evil 6, Capcom's flagship of horrors for the fiscal year concluding March 31, 2013, certainly has "plateaued," as Capcom put it in today's results. The game, which launched in October of 2012, shipped over 4.5 million units at the time. The company announced today the game sold 4.9 million ...
EA Sports and FIFA extend exclusive license until 2022
You know that couple where everything is just public displays of affection and love notes? That's Electronic Arts and the Fédération Internationale de Football Association (FIFA). The two companies announced this morning they'll continue going steady until December 31, 2022. Under ...
