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Posts tagged profits

EA joins the Fortune 500

There are two kinds of corporations in the US: those who count themselves amongst the top 500 companies, according to Fortune magazine, and those who can't afford Fortune magazine. And now Electronic Arts has managed to break its way into the august ranks of the Fortune 500, CNN reports, at number...

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Nintendo accounts for nearly 25% of GameStop's new product purchased in fiscal 2009

Of the many, many games that GameStop sold in 2009 (not to mention the millions of dollars it made), we were left wondering where the lion's share of the game retail juggernaut's capital went in terms of product that the company was actually buying for its stores. And in a recent SEC filing for the...

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Activision reports $113m in profits for 2009; 2010 game plan is predictable

Today Activision Blizzard reported the financial results of its December quarter and the entire 2009 calendar year. For the year, Activision recorded a net income of $113 million, a modest turnaround from the $107 million in net losses for the company in 2008. Led by sales of Modern Warfare 2, all...

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EA loses $82 million in fiscal Q3 2010, revenue down 25%

Right off the bat, you should know this: for EA, losing $82 million in the third quarter of a fiscal year is an enormous improvement. Compared to the same period last year ("Q3" for EA is October 1 – December 31), the company lost 559 million fewer actual physical dollars. Yes, really. Now...

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Report: Wii parts production shrinks

[Don Fulano] A slowdown in Wii production can only mean one thing: Nintendo has cured the injured, ailing and aged -- there's no more work left to be done. While saving the world proved vastly lucrative for Nintendo, it also benefited the manufactures behind the scenes; or, as we like to call...

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Ubisoft first-half profits plummet into loss

Among the comprehensive list of numbers in Ubisoft's first half fiscal 2009-10 report, measuring performance in April through September 2009, one figure stands out: the French company's reported €52,027,000 in not-profit. That's right, Ubisoft's profits are down by more than €70 million...

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Konami forecasts 82 percent decline in net income

Konami has revealed its financial forecast for the six months ending September 30, 2009. Comparing profits to the same time last year, the company predicts that net income attributable to Konami corporation would fall 82 percent, from 12 billion yen ($132 million) to 2 billion yen ($24 million). Of...

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Capcom posts strong Q2 2009 earnings, despite 'soft' overseas sales

Capcom has posted its financial results for the six months ending September 30, 2009, and things are definitely looking good for the company. The publisher reported net sales of ¥38.892 billion ($426 million), up from ¥31.236 billion ($342 million) during the same period last year, which...

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Nintendo half-year results show profits down in '09; still making boffo bucks

Nintendo's profits took a 52 percent dive in the first-half of 2009 compared to the same period last year, which sounds horrible -- until the realization hits that the company still brought in $766 million in pure profit. Yes, Nintendo is still doing all right, even as it cut its profit forecast...

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Analysts: Nintendo may forecast drop in profits

Striding into informed meta-prediction territory, several Tokyo-based analysts have suggested that Nintendo may cut its earnings forecast in preparation for a decline in profits -- the first in six years. According to a Bloomberg report, Nintendo's adjustments will be prompted by slowing Wii...

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