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Posts tagged profit

Gameloft cares not for recessions, sales up in Q1

Gameloft announced today that sales were up 22 percent year-over-year for its first quarter and the mobile publisher took in $40.2 million in sales. Mobile games represented 94 percent of the haul, with North America increasing sales 57 percent over last year -- Gameloft should send Apple a gift...

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Gameloft says: Recession? What recession?

As the dwindling economy has most companies checking their coffers for cobwebs, developer-publisher Gameloft is sipping mojitos and enjoying a refreshing 15 percent uptake in its revenue over the previous year. In 2008, the company boasted revenue of 110.3 million euros, or $149.6 million, with...

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GameStop used games revenue estimated to be $2 billion

GameStop's revenue on used games is estimated to reach $2 billion this fiscal year, ending January 31. The figure represents almost 23% of the unstoppable corporation's revenue, and is $400 million more than the prior year. The Wall Street Journal notes that about 42% of the company's profits come...

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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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