Post Thumbnail

NCsoft may have more banking on Guild Wars 2 than once thought. The mega-publisher announced that its second quarter earnings were lower than expected; it posted a $6 million loss for the period. Revenues were down 12% from last year to $130 million, of which a vast majority came from NCsoft's...

2 years ago 0 Comments
August 8, 2012 at 8:45AM
Post Thumbnail

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...

3 years ago 0 Comments
Post Thumbnail

After a slew of bad news and drastically restated projections, Sony has reported the numbers for its full 2011 financial year and as expected, they're not good. The company experienced a record net loss of 456.7 billion yen ($5.73 billion) and an operating loss of 67.3 billion yen. The good news t...

3 years ago 0 Comments
Post Thumbnail

While we wait to hear Kaz Hirai's new plan for Sony, the news is getting worse before it gets better. The company just announced new projections that are more than double the net loss it predicted in February for the fiscal year 2011, to the tune of $6.4 billion. The reason? According to Reuters, i...

3 years ago 0 Comments
Post Thumbnail

Sprint's SEC filings have revealed that the carrier has committed to purchasing $15.5 billion worth of iPhones as part of the long-promised $20 billion gamble. If each handset costs around $630 at trade, then we're talking about the network holding nearly 24 million units. Given that the company mo...

3 years ago 0 Comments
Post Thumbnail

Sony Ericsson's tearful breakup continues with more woe as as the venture had to eat a pre-tax loss of €247 million (roughly $317 million). Bosses cited "unfavorable macro-economic conditions" and the Thai flooding as the reasons for the loss. Ericsson probably won't mind having such an unfavo...

3 years ago 0 Comments