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Sony's bad year is getting a smidge worse. The company, which had previously predicted a healthy profit for the past fiscal year, is now expecting a loss of $3.2 billion for the period of April 2010 through March 2011. The reverse in fortunes is mostly due to writing off a $4.4 billion tax credi...

May 23rd 2011 at 11:00am 0 Comments
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Nintendo's net income dropped to ¥77.6 billion ($946 million) for its fiscal year ending in March, marking the company's third year of profit declines. The figure is also well below the ¥200 billion ($2.13 billion) Nintendo estimated it would make at the conclusion of its previous fiscal...

April 25th 2011 at 9:36am 0 Comments
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It's been an up and down year for NCsoft, literally. GamesIndustry.biz writes that the Korean MMO titan has reported increases in both its sales and operating profits but a drop in net income in the recently concluded fiscal 2010 period. Surprisingly, the company's total revenue was up two percent...

February 11th 2011 at 7:00pm 0 Comments
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If you're eagerly awaiting the release of Star Wars: The Old Republic, even with the release window of April 2011 being thrown around, you could be forgiven for holding out hope that the game might get a slightly earlier release. (If you're sick of hearing about it, you might be hoping for an early...

May 11th 2010 at 7:30pm 0 Comments
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GameStop made bank even in the bad economy. Reporting its fourth quarter and fiscal 2009 (ending January 20, 2010) results today, the retail juggernaut revealed it had $3.52 billion and $9.08 billion in sales during the quarter and full year, respectively. As for profits -- after taxes, depreciatio...

March 18th 2010 at 2:30pm 0 Comments
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Konami courteously warned its investors last week that the first half of this fiscal year had been ... unfavorable to the company. It forecasted a year-over-year decline in net income of 82%, falling from ¥12 billion ($132 million) in the first half of FY 2009 to ¥2 billion ($24 million) in...

November 9th 2009 at 5:31pm 0 Comments
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We got our first indication that the Japanese gaming industry wasn't doing too hot in July, when gaming hardware and software sales from the first half of 2009 had dropped 24 percent from the same period last year. The recently released sales figures from the first half of fiscal 2009 (which runs f...

October 1st 2009 at 2:00pm 0 Comments
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It's time for another installment of "Sales Go Up, Profit Goes Down," the completely perplexing economic phenomenon that's been taking the gaming industry by storm as of late. Today's contestant is Ubisoft, who in April reported a 14 percent annual sales increase over the past fiscal year, from &eu...

May 29th 2009 at 12:30am 0 Comments
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Never, ever doubt the interminable power of a long-running football franchise or the appeal of mustachioed super spies. Konami just posted its sales figures for this past fiscal year (ending March 31, 2009), and it certainly seems it'll have an achievement worthy of hanging on mom's fridge. The com...

May 14th 2009 at 4:15pm 0 Comments
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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 o...

May 27th 2008 at 5:00pm 0 Comments