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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...

11 months ago 0 Comments
July 31, 2014 at 3:50AM
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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...

11 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...

11 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...

11 months ago 0 Comments
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To no one's surprise, Google -- the company that builds everything from web email services to self-driving cars -- has once again climbed the revenue charts. Today in its quarterly earnings report, the Mountain View company reported it's raked in $15.96 billion in revenue this quarter, which is ab...

11 months ago 0 Comments
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Though HTC lost money last quarter, it had just launched its One M8 flagship to great reviews, and promised the new handset would put a halt to the red ink. The (unaudited) numbers are now in and back up that boast. The company scored a NT$2.8 billion profit ($92 million) on NT$65 billion ($2.2 bi...

1 year ago 0 Comments
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Perfect World Entertainment posted its earnings report for Q1 2014, showing strong financials that include an increase from the same period in 2013. In Q1 2014, the publisher made $143.3M in revenue, $105.5M in gross profit, and had an operating profit of $28.5M. Perfect World CEO Robert Xiao sa...

1 year ago 0 Comments
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Ubisoft reported digital sales of 195 million euros ($266.6 million) for the financial year ending March 31, 2014. That represents a 32 percent increase over last year's 148 million euros ($202.3 million) in sales for the segment, which includes digitally-distributed games as well as downloadable a...

1 year ago 0 Comments
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Ubisoft failed to meet its projected earnings in fiscal year 2013-2014, with a loss of €49.3 million ($68 million), down from last year's profit of €69.2 million ($95 million). Ubisoft attributed its loss in part to operating costs, purchases, business acquisitions and sales of Gameloft s...

1 year ago 0 Comments
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Assassin's Creed 4: Black Flag shipped 11 million copies to date, including digital sales, Ubisoft revealed in its full-year 2013-2014 earnings report. That's one million more units than Ubisoft sent to retail as of February. It's the latest in the publisher's successful series, which achieved 7...

1 year ago 0 Comments
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Sony expects to post a 50 billion yen net loss (around $490 million) in the current fiscal year, making it five annual losses across the last six years. The projection is a significant improvement from the 128.4 billion yen loss ($1.26 billion) Sony posted today for the year ending March 31, 2014, ...

1 year ago 0 Comments
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While Take-Two was busy counting its fat stacks of cash following its healthy fiscal 2014 financial report, it also noted milestones in its collaborative efforts overseas. Namely, CEO Strauss Zelnick revealed during the company's call with investors today that "usage and player engagement with NBA ...

1 year ago 0 Comments
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Take-Two reported net revenue of $2.35 billion for fiscal 2014 (the year ending March 31, 2014), a 94 percent growth from its reported revenue of $1.21 billion in 2013. It also reported a net income of $361.7 million, which compares rather favorably to the net loss of $31.2 million it suffered last...

1 year ago 0 Comments
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Sony CEO Kazuo Hirai and other company executives will decline their annual bonuses and accept up to a 50 percent pay cut following Sony's fourth annual loss within the last five years, the Wall Street Journal reports. Sony downgraded its financial forecast earlier this month, and expects to rep...

1 year ago 0 Comments