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Wii U sales may be struggling but Nintendo's download business is booming. As part of its financial briefing today, Nintendo president Satoru Iwata revealed that the company's downloadable game sales surpassed ¥16 billion ($160.9 million), more than doubling sales of the previous year. Download...

2 years ago 0 Comments
April 25, 2013 at 1:00PM
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Capcom continued its recent financial boon with a net income of 6.6 billion yen ($72 million), up 104.9 percent, for the first nine months of its fiscal year, which will end on March 31, 2013. Capcom attributed the success to launches of major games, the growing popularity of its social games in Ja...

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Disney Interactive, the arm of Walt's empire that handles video games, saw an operating loss of $216 million for the fiscal year 2012, which ended on September 29. Loss for the quarter came to $76 million, an improvement of $18 million from Q4 2011. Revenue for the year decreased 14 percent from 20...

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The Walt Disney Company saw the largest earnings in the company's history for the quarter ending June 30, which is all sunshine and lollipops until you get down to the interactive (games) division. A year after gutting nearly all its core projects – and shuttering all core studios except Epi...

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NBA 2K13 is set to launch on October 2 for Xbox 360, PS3, Wii, PSP and PC, Take-Two Interactive announced today. This is in line with the October precedence set by previous NBA 2K titles. Developer 2K Sports has yet to reveal any details about the game, but our best guess is that it will feature an...

2 years ago 0 Comments
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THQ saw a net loss of $239.9 million for the fiscal year ending March 31, 2012, $100 million more than the previous fiscal year's loss of $136.1 million. "We have made significant changes to our business, and are on track to execute our strategy of delivering quality connected core gaming experienc...

2 years ago 0 Comments
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South Park: The Game was originally announced with a launch in the second half of 2012, but it has been pushed to Q4 of FY2013, THQ's financial statement reveals. THQ's financial years run April through March, putting the new launch window in early 2013 territory. Developer Obsidian Entertainment w...

2 years ago 0 Comments
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Ubisoft ended the 2012 financial year on the up, reporting a gross profit of €718 million ($917 million) and sales up 2.1 percent to €1 billion ($1.4 billion) year-over-year, according to its financial results for 2011-2012. Ubisoft ended fiscal 2011-12 with net income of €37.3 milli...

2 years ago 0 Comments
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Shares of Sony stock have dipped to their lowest number in 31 years in Japan and to a 19-year low in the US, following a dismal earnings report for the previous fiscal year. Sony shares dropped 7 percent in Japan, to 1,135 Yen ($14), and 2 percent in the US, closing at $15.37. Sony CEO Kaz Hirai pl...

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EA's Origin service has a registered 11 million members and has generated $150 million in non-GAAP revenue during the fiscal year from March 31, 2011 to April 1 this year, EA reports. EA's Nucleus, its cross-platform community network, now has 220 million members, EA says. EA recently allowed all 1...

2 years ago 0 Comments
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According to EA's results for fiscal 2012, the period from April 1, 2011 through March 31, 2012, it's been a good year. The publisher saw growth across many sectors, but perhaps most surprising was talk of investing $80 million in development of games for "Gen4 console systems" over the next 12 mon...

2 years ago 0 Comments
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Are you ready for this? It's ... good news about THQ's finances. The company is revising its earnings forecast for the quarter ending March 31, now reporting expectations of "non-GAAP net sales of $160 million to $170 million, which is above the company's previous outlook of non-GAAP net sales in t...

3 years ago 0 Comments
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Sega's "Game Contents" division (i.e. home video games) was down 5.1% for the nine-month period ending December 31, with the company reporting 63.5 billion yen ($833 million) in net game sales from the division ... and 5.5 billion yen in total losses. As for reasoning, Sega said only that "in the o...

3 years ago 0 Comments
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THQ will no longer manufacture uDraw hardware, according to its fiscal 2012 third quarter financial report. "Sales of the uDraw GameTablet and related software, and other titles in the kids, family and casual category were far weaker than anticipated, substantially reducing our financial results fo...

3 years ago 0 Comments