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Posts tagged profit

Reeves: PlayStation 'on target' to start earning profit

Step 1: Release PlayStation 3. Step 2: ????? Step 3: Profit! David Reeves, President of Sony Computer Entertainment Europe, believes that Sony is "on target" to figure out that elusive second step. "The most important thing for us as a company in the very short term is for us to start making...

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Forbes: Nintendo making $6 profit on every Wii sold

While Sony and Microsoft dream of turning a profit on their consoles, Nintendo is doing just that. According to a new article from Forbes, the Big N makes $6 in operating profit from every Wii unit sold. Nearly 19 million units have been sold worldwide so far during 2008, earning Nintendo a tidy...

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Nintendo making six bucks on every Wii sold

Macquarie Securities analyst David Gibson has used Science to calculate that Nintendo makes $6 from every Wii console snapped up by the public. It's long been known that Nintendo profits from its hardware, though how much has never been revealed. If Gibson's sums are accurate, that means Nintendo...

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Microsoft's Xbox division turns Q1 profit, ships 2.2 million consoles

Good news, everybody (concerned with the financial prosperity of a gigantic corporation)! Microsoft's fiscal Q1 2009 results, which cover the three-month period ending September 30th, 2008, show that its Entertainment and Devices Division -- the same one responsible for the entertaining device...

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PS3 profitability cast in doubt, 2008 earnings forecast grim

If you've opened a newspaper, turned on the TV, or looked at your stock portfolio, you must know the story: the global economy is in shambles. And that hurts large global companies, like Sony. Sony has updated their 2008 forecast, slashing profit expectations 38% to to 150 billion yen ($1.5...

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Nintendo's 'profits per employee' are higher than Goldman Sachs

If there was ever any question as to how obscenely rich Nintendo is, the Financial Times has crunched some numbers to show the cash flow, per employee, at the House of Mario. The newspaper estimates that Nintendo produces more than $1.6 million per employee -- that's more than investment bank...

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Infogrames, Namco Bandai strike distribution deal

After getting the unfamiliar taste of profit out of its mouth, Infogrames is hungry for more. To this end, the parent of oft-addled Atari announced that it has cozied up to fellow publisher Namco Bandai to handle distribution of the latter's titles in both Europe and Asia. GI.biz writes that...

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Pachter: Majesco 'close' to turning a profit

Of course, as the saying goes, close only counts in horseshoes and things that go boom. Regardless, Wedbush Morgan's most outspoken soothsayer predicts that troubled publisher Majesco is "close to returning to profitability." Good for them, we say, though in the face of waning share prices and...

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The Sony Hardware Reciprocal: PS3 losses surpass PS2 profits

According to DFC intelligence figures cited by Dave Perry, Sony has lost more money on the PlayStation 3 hardware than it made on the PlayStation 2 during its five most popular years. In pure numbers speak it's lost $3 billion on the PS3, which is about equivalent to everything it made selling PS2s...

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Atari's CEO wants you to know how it will stay back in black

We've already witnessed the news that made us go, "Wha?" -- Atari actually turned a profit this past financial quarter, even though it was just a measly $3.5 million smackers. GameDaily went a little more in-depth in their interview with brand-spanking new Atari CEO Jim Wilson to find out what the...

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