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Sony is now forecasting a 230 billion yen ($2.15 billion) loss for the fiscal year ending in March 2015, a revision nearly five times more than the company previously projected. The Japanese electronics giant was expecting a 50 billion yen loss, but today it announced it's downgrading the value of ...

7 months ago 0 Comments
September 17, 2014 at 5:30AM
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Once again recalibrating its bad news for the latest financial quarter, Sony has quadrupled its forecast loss for the financial year and it's down to those Xperia smartphones. The company already cut its forecast for smartphone sales in July, and this latest reassessment - to the sum of a 180 bill...

7 months ago 0 Comments
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Global sales, new hardware and software sales, mobile and consumer electronics sales and net earnings were all up year-over-year for GameStop in Q2 2014, according to the company's latest financial statement. Global sales were up 25 percent to $1.73 billion. New hardware sales more than doubled,...

8 months ago 0 Comments
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Perfect World Entertainment continues its hot streak of revenue generation, posting gains both quarter-over-quarter and year-over-year. The company released its Q2 2014 financials this past week, and reported revenues of $149.6 million, of which $138.8 million come from PWE's online games. Gross pr...

8 months ago 0 Comments
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The second quarter of 2014 was a very good time indeed for NCsoft, as the publisher announced today that revenues and profits are up thanks to WildStar's launch and Guild Wars 2's move into China. In today's earnings report, NCsoft shows that sales went up 20% and operating profit increased 46% ...

8 months ago 0 Comments
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Things are looking up for Square Enix after a successful fiscal quarter that ended on June 30, according to a company financial report. Net sales are up from 24 billion yen (~ $235 million) to 37.8 billion yen (~ $370 million) from the same three-month period last year, a rise of 56.8 percent. N...

8 months ago 0 Comments
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Disney Interactive, the gaming arm of Disney's multi-appendaged corporate beast, is performing better than last year in the company's third quarter of 2014. Revenue for the Interactive business is up 45 percent to $266 million, while operating income is up from a $58 million loss last year to a $29...

8 months ago 0 Comments
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Take-Two reported $125.4 million in net revenue for the fiscal first quarter of 2015, a three-month period of time that ended on June 30. That represents a 12 percent decline compared to the same quarter last year ($142.7 million), and a 35.8 percent drop from the previous quarter. The publisher...

8 months ago 0 Comments
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An Activision Blizzard quarterly report has revealed that the company behind games like World of Warcraft, Hearthstone, the Call of Duty franchise and Skylanders, has earned $970 million in revenue in its second quarter, $60 million more than its previous projection of $910 million. Activision ...

8 months ago 0 Comments
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With 250,000 copies shipped in under a month, Persona Q: Shadow of the Labyrinth was a bright light in an otherwise quiet quarter for Sega Sammy, games-wise. It's a solid start for Atlus' 3DS RPG, which should have appeal to both Persona and Etrian Odyssey fans. For comparison, Etrian Odyssey 4 ...

8 months ago 0 Comments
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Capcom's first quarter in the 2014 - 2015 fiscal year starts on a down note, with a 45.1 percent decrease in net sales compared with the previous year. Operating income is up 75.3 percent, while net income is down 7.5 percent year-over-year, Capcom says in its Q1 financial report. Capcom attribu...

8 months ago 0 Comments
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Sony revealed encouraging quarterly results this morning, with year-on-year sales between April and June boosted primarily by the PlayStation 4's success. The company announced a Q1 net profit of 26.8 billion yen (around $265 million), up no less than 757 percent from the last year's figures. Sales...

8 months ago 0 Comments
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It wasn't long ago that Sony, almost inexplicably for a company of its size and heritage, was losing money everywhere it went. After a few years of pain, however, things have begun to look up, with the company posting a first quarter net profit of around $265 million. The bulk of the good news com...

8 months ago 0 Comments
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LG has just reported a record quarter for mobile phone sales, showing that it's taking advantage of a slump from arch-rival Samsung. LG sold 14.5 million handsets over the last quarter, its highest total ever and 20 percent more than last year -- with more than a third of those LTE models. It chal...

9 months ago 0 Comments
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Microsoft reported an increase in revenue for the Xbox platform to the tune of $104 million, or 14 percent, in its fourth quarter results (ending June 30). Xbox One and Xbox 360 sales teamed with the company's Surface sales to boost its Computing and Gaming Hardware category by 23 percent for the q...

9 months ago 0 Comments
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Electronic Arts reported a net revenue of $1.21 billion for the first quarter of the fiscal 2015 year (a three-month period that ended on June 30). That represents just over an eight percent increase compared to the company's revenue in the previous quarter ($1.12 billion) and a 27.9 percent increa...

9 months ago 0 Comments