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Gameloft cares not for recessions, sales up in Q1


Gameloft announced today that sales were up 22 percent year-over-year for its first quarter and the mobile publisher took in $40.2 million in sales. Mobile games represented 94 percent of the haul, with North America increasing sales 57 percent over last year -- Gameloft should send Apple a gift basket of thanks for the iPhone.

Gameloft already has plans to jauntily expand more into the console space, but the company knows where its bread is slathered with butter, as evidenced by alleged talks with Microsoft to develop titles for Windows Mobile. Overall, the publisher plans to grow its revenues and be even more profitable in 2009. What recession?