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Posts tagged profits

Gameloft still enjoying lofty sales despite continuing recession

Gameloft, which happily announced increased sales in Q1 of 2009 despite the fact that it was, you know, Q1 of 2009, after announcing increased sales in 2008, has released its results for the first half of 2009. Guess what? "Gameloft achieved consolidated sales of EUR60.1 million for the first half...

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THQ earnings show profits up

THQ recently unloaded its earnings for its first fiscal quarter ending June 30, and with strong sales of UFC 2009 Undisputed and Red Faction: Guerrilla (it's all about the ostriches, baby!), the company is, uh, very much not operating like THQ. It reports that net profits climbed a whopping 77% to...

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Nintendo has more profitable employees than Google, Goldman Sachs

Nintendo is at the top of their game. They've been raking in the cash ever since the DS and Wii hit the scene. According to the Financial Times, Nintendo as a company is so good that each of its employees makes more money for the company than those that work at Google and Goldman Sachs, two of the...

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Wii Fit helps drive record Q2 for GameStop

A lot of those Wii Fit bundles people have been snatching up (and never playing again) came from GameStop, apparently, as the company reports a net earnings increase of 162.1 percent to $57.2 million in the second quarter. For the period of three months ending August 2nd, sales increased by 34.8...

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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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Sony profits dip, games division way up

OK, Sony fans, there's good news and there's bad news, which do you want first? ... Bad? OK. Sony's profits from April to June dropped to ¥34.98 billion ($326.9 million), which is about half as much as it made during the same period last year. (Ouchers!) The problems came from the lack of a...

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Take-Two quarterly revenues up 163% on GTA IV sales

In light of all the important news coming out of Take-Two's just-released financial report, it would be easy to skim over the actual financial numbers at the core of the release. That would be a shame for Take-Two, as the report shows incredible growth for the company when compared to last year....

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Square Enix might be squashing creativity

Gamers like innovation when it's implemented well and creatively. Take a look, for example, at the positive critical reception (from gamers, bloggers, and journalists alike) for Square Enix's The World Ends With You. Such a refreshing break from Square's usual sequels and remakes might be a thing...

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Konami whips up profits in last fiscal year

Konami's fiscal year ending March 31 enjoyed a good rotation around the sun with $175 million in profit, an increase of 13% over the prior year. GameDaily reports the publisher saw revenues of $2.8 billion, thanks to numerous titles in Japan, Dance Dance Revolution on the Wii in North America and...

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Sega Sammy losses bring layoffs, arcade closings

Life comes at you fast if you're Sega Sammy. Just a couple of years after increased profits had the company rolling in money, the company today announced that it plans to lose a whopping 26 billion yen (approx. $230 million) this fiscal year. Compared to the previous projection of a billion yen...

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