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The British chip designer continued last year's growth streak with a 45 percent surge in quarterly normalized pre-tax profits compared to Q4 2010. Revenues also rose by 21 percent to £137.8 million ($217 million) -- not bad for a company that started out with twelve engineers in a barn. There...

3 years ago 0 Comments
January 31, 2012 at 2:45AM
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Jagex is trading up the Union Jack for the Stars and Stripes, as controlling interest in the studio has changed hands to a US firm. Insight Venture Partners, a venture capital firm from the US, completed a deal last year to increase its ownership to 55% of the UK-based company. Previously, the...

3 years ago 0 Comments
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Angry Birds isn't the only iOS brand that did well over the holiday season: Chair Entertainment reports that Infinity Blade also raked in the money this past holiday season (and the year previous). The franchise as a whole has picked up a whopping $30 million so far. That includes both the orig...

3 years ago 0 Comments
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It looks like Cryptic Studios is in stable financial hands according to a news blurb at Gamasutra. Parent company Perfect World Entertainment saw a rise in third quarter revenue compared to the same period last year. However, GamesIndustry.biz reports that PWE's net profits declined during the...

3 years ago 0 Comments
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A recent SEC filing from Zynga, creator of the social gaming epidemic known as FarmVille, revealed that the company is reporting a record quarterly revenue of over 306 million USD, though -- bizarrely enough -- profits are almost 54 percent lower than they were this time last year. Revenue...

3 years ago 0 Comments
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With all the layoffs that seem to be going around the MMO industry as of late, it's about time we hear some good news from a developer. ChangYou, known in North America primarily for its quirky title Zentia and the bizarrely named Duke of Mount Deer, reports a 119 million USD revenue for its th...

3 years ago 0 Comments
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VZW's upward mobility shows no signs of slowing, as the carrier just reported total Q3 revenues of $27.9 billion -- up 5.4 percent on last year. As usual, much of the growth comes from pulling in new smartphone customers, who were among 882,000 new retail postpaid connections and who helped to br...

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There's good news and bad news in AT&T's third quarter report. The carrier's profit dropped to $3.6 billion for the quarter -- that's down from $12.32 billion from this time last year. That drop could be due in part to the loss of iPhone exclusivity (a matter recently compounded with the addi...

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HTC clearly couldn't wait for a pesky audit to tell let the world about its continued financial successes. The Taiwanese handset maker posted unaudited consolidated results for the third quarter -- and, not surprisingly, things are (continuing) to look good for the company. HTC marked a 79.07-p...

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After six months of knuckle-crunching losses, LG can finally wind the window down and turn the radio on to Seoul FM. The electronics giant just reported a net profit of ₩108 billion ($100 million) in the last quarter, primarily thanks to sales of LED and Cinema 3D TVs. Its handset subsidiary, whi...

3 years ago 0 Comments