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Nintendo President Satoru Iwata recently acknowledged the long rebuilding process the company is mired in to become increasingly profitable again in the coming years. While unable to offer specific numbers, he toned down expectations for the coming financial year (FY 2014) as well as the next one (...

May 13th 2014 at 7:00pm 0 Comments
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GameStop has the new consoles to thank for the retail juggernaut's record-breaking sales year. Total global sales reached $9.04 billion, a 1.7 increase from the previous bar-setter in 2011. The company saw a profit of $354.2 million, slamming the teeter-totter back from last year's $269.7 million...

March 27th 2014 at 11:00am 0 Comments
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FIFA 13 sold through 14.5 million units in fiscal year 2013, up 30 percent compared with FIFA 12 sales from the prior year. Net revenue from digital sales hit $200 million in adjusted, non-GAAP terms, an increase of 94 percent compared with FIFA 12 year-over-year. The entire FIFA franchise generate...

May 7th 2013 at 4:35pm 0 Comments
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Microsoft has announced earnings for its fiscal third quarter (ended March 31), drawing attention to the Entertainment & Devices Division (EDD), which handles products like the Xbox, Windows Phone and Surface.The EDD reported revenue of $2.53 billion, a 56 percent increase over the $1.61 billio...

April 18th 2013 at 7:15pm 0 Comments
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THQ posted net sales of $107 million and an operating loss of $19 million in fiscal 2013's second quarter, which ended September 30. This is compared with 2012's Q2 results of $146 million in net sales, and an operating loss of $97 million.In a bid to stay afloat, in 2012 THQ has undergone corporat...

November 5th 2012 at 5:00pm 0 Comments
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In today's most incremental news, Microsoft reported that its Entertainment and Devices Division, responsible for the Xbox 360 and Windows Phone, earned $1.95 billion in revenue in the first quarter of its fiscal 2013, down 1% from the same period last year.1.7 million Xbox 360 consoles were sold i...

October 18th 2012 at 5:30pm 0 Comments
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Max Payne 3 has shipped 3 million units since its launch for Xbox 360, PS3 and PC in May, Take-Two Interactive announced in its first quarter 2013 financial report today. Max Payne 3 and Spec Ops: The Line both sold fewer copies than Take-Two anticipated, leading to first quarter results below the...

July 31st 2012 at 4:23pm 0 Comments