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Nintendo Stock Rises In The Wake Of Mobile Announcement
on March 17, 2015 at 02:31 PM
Nintendo has been contending with the rising mobile market for years, and today's announcement of its partnership with DeNA has apparently renewed some confidence in the company and its vision for the future. After closing at 14.29 yesterday, the stock for Nintendo (NTDOY) jumped this morning when...
Disney Interactive Reverses Financials, Increases Revenue By 45 Percent
on August 06, 2014 at 02:33 PM
Disney Interactive is a relatively small branch of the larger Disney Kingdom, but thankfully, the division has been able to turn its fortunes around, moving from a $58 million loss last year to a $29 million surplus this year. According to a Disney press release, Disney Interactive has seen a 45 percent...
Report: Former Activision Parent Company Considered Firing CEO Kotick
on July 16, 2014 at 03:02 PM
Last year, Activision bought its independence from ailing parent company Vivendi to the tune of $8 billion. The move was orchestrated by CEO Bobby Kotick, who lead an investor group responsible for $2.34 billion of the funding. Bloomberg is reporting that Vivendi considered firing Kotick during the buyout...
Ubisoft Shipped 8 Million Copies Of Watch Dogs, But May Have Sold 20 Percent Fewer
on July 15, 2014 at 06:00 PM
One of the key features of Ubisoft’s Watch Dogs is hacking into the phones of the many civilians walking through Chicago’s streets. Whether you’re doing it to steal money (possibly from people with terminal illness) or simply listening in on phone calls, everything is yours at the push...
EA's First Quarter Beats Target, Over 75 Percent Of Revenue From Digital
on July 23, 2013 at 04:00 PM
In advance of its first quarter 2014 earnings call, EA has released its financial performance for the months of April through June 2013. Earnings were largely consistent in comparison to first quarter 2013. The big change was a significant bump in the importance of digital sales. They currently represent...
Activision Exceeds Expectations In First Quarter 2013
on May 08, 2013 at 03:34 PM
Activision is off to a good start to its 2013 fiscal year. The publisher touted strong, but still declining numbers for World of Warcraft, and continued the impressive performance of November's Call of Duty: Black Ops II. Skylanders and Call of Duty remain the top two best-selling franchises for...
Capcom Pins Near Future On Lost Planet 3, Expects Next-Gen Costs 'To Soar'
on May 08, 2013 at 10:39 AM
'Tis the season for financial reporting. Capcom has released its results for the year ending March 31, 2013. The past twelve months saw a significant decline in operating income in the amount of 10.1 billion yen ($103 million), a decrease of 17.6 percent from 2012. Capcom's net income was also...
Capcom Announces "Special Loss" Along With Changes In Development Practices
on April 18, 2013 at 09:19 AM
Capcom today disclosed significant revisions to their earning forecasts for the fiscal year ending March 31, 2013. The publisher attributes a "special loss" of 7.2 billion yen. The explanation for missing targets leans heavily on a failure to properly market their titles and a "decline...
Square's Financial Forecast Is Not Good
on May 12, 2011 at 10:00 AM
Square Enix has revised its expectations for its fiscal year ending this past March, with losses over 15 billion yen. The company cites a variety of factors including "a more prudent estimation of future cash flows," a more selective choice of games – including projects cancellations...
Capcom's Profits Are Down, But Sales Are Up
on October 28, 2010 at 03:10 PM
Capcom announced its financial results for the first half of the 2010 fiscal year today, and the results are a mixture of good and bad news. The sales are up, but the profits are down. The report calls out Dead Rising 2 and Super Street Fighter IV as performing well, along with Sengoku Basara: Samurai...
Sony Breaks Trend, Posts Quarterly Profits
on July 29, 2010 at 10:03 AM
Breaking the trend established by Nintendo and Capcom this morning, Sony’s reoccurring losses shifted from the red this quarter. Reporting a profit of $295 million this financial period, the jump is substantial considering the $426.7 million loss the same timeframe in 2009. Total yearly earnings...
Nintendo Joins The Fray – Sees Quarterly Profit Loss
on July 29, 2010 at 09:37 AM
Nintendo – usually in a favorable position as the butt of jokes involving printing money – has managed to avoid the problems plaguing fellow console and software developers since the release of the Nintendo Wii. That’s why the report of a $288.3 million loss for the three-month quarter...
Capcom Seeing Red – Quarterly Profits Fall 90%
on July 29, 2010 at 08:46 AM
Capcom surveyed their current financial situation this morning, revealing that their first quarter net income topped at $2.4 million – a drastic 90 percent drop from the same time last year. As reported by GameSpot , the discrepancy is accredited to the lackluster sales of Lost Planet 2, with Capcom...
Microsoft Games Segment Annual Profits And Q4 Losses Both Rise
on July 22, 2010 at 05:54 PM
Microsoft's latest financial statement announced a year-over-year increase in fourth quarter losses from $141 million to $172 million for its games division in 2009, while it stayed in the black for the year overall as year-over-year profits exploded from $108 million to $679 million. The company...
Namco Bandai’s Financials In The Red; Plans Restructuring
on February 02, 2010 at 03:13 PM
Namco Bandai recently released it financial statements for the first nine months of 2009, and the company’s wallet is looking pretty thin right now. The losses total up to 11.7 billion yen ($129 million), which is an extraordinary dive compared to 2008’s numbers for the same time period,...
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