Post Thumbnail

This time last year, almost to the day, Microsoft saw its first annual sales decline in history. Things are looking much better now, with the company reporting a record $16.04 billion in revenue, a 22 percent year-over-year increase for its Q4 revenue ending June 30th. In fact, revenue is up across...

4 years ago 0 Comments
July 22, 2010 at 5:14PM
Post Thumbnail

Microsoft's newly-announced layoffs and declining profits aren't the only bad news in Redmond -- according to the company's quarterly statements, Zune platform revenue decreased $100 million, or 54 percent compared to the same quarter last year, due to falling device sales. Mega-ouch. Not all is d...

6 years ago 0 Comments
Post Thumbnail

It's not all doom and gloom in the Sony financial camp, as the manufacturer has announced (via Reuters) that PlayStation Portable sales for the fiscal year, ending March 2009, would exceed forecast figures. The PSP, which recently saw its second revision find success in Japan despite a screen scan...

6 years ago 0 Comments
Post Thumbnail

It's not getting any prettier at Midway Games, as the publisher has announced it lost $34.8 million this quarter -- over double its losses the same quarter last year. This also follows Q1 losses of $34 million for the company, bringing this red-soaked mess of a year to almost $69 million in losses...

6 years ago 0 Comments
Post Thumbnail

EA will announce its second-quarter results on Tuesday and, according to an average estimate by analysts, is expected to report a loss of $111 million. Forbes reports EA had a $132 million loss the same quarter last year. Not that EA is hurting for customers, revenues are estimated to be up about ...

6 years ago 0 Comments
Post Thumbnail

Janco Partners' analyst Mike Hickey, after gazing deep into his crystal ball, reports many bad things in THQ's present and future. The biggest issue, Hickey believes, is the publisher's reliance on the recently delayed Saints Row 2. He surmises there is general internal conflict at the publisher, ...

7 years ago 0 Comments
Post Thumbnail

GameStop reported $62.1 million in earnings (a 151% increase) year-over-year for its first quarter ending on May 3. GameDaily reports the company also saw a 42% increase in sales to $1.8 billion, with new game sales giving a nice bump to the company, thanks to major releases during the period like...

7 years ago 0 Comments
Post Thumbnail

According to Electronic Arts' Q4 2008 fiscal report, all of Sony's current platforms (PS3, PS2, PSP) dominated EA's game sales across the three month period. The PS2 did the best out of the lot and accounted for $166 million units sold worth of sales and was closely followed by the PS3's $152 millio...

7 years ago 0 Comments
Post Thumbnail

Like a boot to CompUSA's hemorrhaging gut, Best Buy just announced a 52-percent jump in third quarter profits. The nation's consumer electronics giant received a favorable bump in sales due to a calendar fluke which plopped an extra week of post-Thanksgiving shopping in Q3. Gains that will likely ...

7 years ago 0 Comments
Post Thumbnail

Gamespot is reporting that the portable heavy publisher THQ plans to make one billion dollars in its fiscal 2007 year. it The forecast is due to incredibly strong sales of games like WWE SmackDown! vs. RAW 2007, Cars, and Avatar: The Last Airbender. Brian Farrell, President and CEO of THQ, said, "TH...

8 years ago 0 Comments
Post Thumbnail

A trio of publicly filed financial reports for the most recent quarter (July through Sept. '06) have shed some light on the fiscal fates of the three major consoles makers going into the critical holiday period. First up is Sony, which posted massively reduced earnings as expected. The ongoing lapto...

8 years ago 0 Comments
Post Thumbnail

While it's easy to hate EA, they are still one of the most influential companies in the industry. Their fiscal numbers for 2006 and Q1 2007 were released a few days ago and they reveal interesting information. It's unsurprising that EA makes a lot of money of the PSP: it made $289 million in revenue...

8 years ago 0 Comments