Latest in Gaming

Image credit:

Metal Gear brings in solid profits for Konami Q1


Konami announced that Solid Snake's final (?) adventure gave the company a nice macro-injection of cash. GameDaily reports the publisher saw revenues jump 116% to $656 million in the first quarter, with net income rising 47% to $52 million. Although Konami isn't just in the video game business, the company states sales of Metal Gear Solid 4: Guns of the Patriots are "steadily increasing," noting that the games division contributed the most to its revenues.

Konami continues its positive outlook for the rest of the fiscal year (ending March '09) with $3 billion in revenue and a net income of $240 million. Imagine how much more the company can make if giggle-inducing rhythm-game Rock Revolution is a hit and it wins the Rock Band lawsuit?

From around the web

ear iconeye icontext filevr