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A single game purchase turns the loss Nintendo makes with each Wii U sold into an overall profit. So says Nintendo of America president Reggie Fils-Aime, who in an interview with Mercury News played down how his company's latest system is selling for a loss at launch."The business model doesn't cha...

November 21st 2012 at 9:15am 0 Comments
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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 o...

August 8th 2012 at 8:45am 0 Comments
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In amongst the MoLo Madness, there's been some back and forth in the blogosphere today over the possibility that Apple's third quarter financial results were "disappointing" or not, mostly based on the fact that professional analysts predicted Apple would earn far more than it did and now they're b...

July 25th 2012 at 4:30pm 0 Comments
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Huawei's financial figures for the first six months of 2012 reveal that the Chinese behemoth brought in turnover of 102.7 billion yuan ($16.08 billion), making a profit of 8.79 billion yuan ($1.37 billion). That's not exactly bad news, but the figure is 22 percent smaller than the same period last...

July 24th 2012 at 5:47pm 0 Comments
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Behold the power of MMOs to generate a Fort Knox of income. Square-Enix announced that out of all of the Final Fantasy games from 1987 through today, Final Fantasy XI has been the most profitable. This comes from Square-Enix President Yoichi Wada, who was hyping the title over the weekend amid t...

June 25th 2012 at 9:30am 0 Comments