Mafia II “Well Below Expectations,” Profit Unlikely Says Analyst Pachter
Wedbush Morgan’s Michael Pachter has said that 1k Czech’s Mafia II won’t turn in a profit. “Mafia II’s average Metacritic score of 74 is well below expectations, and consumer interest appears to be waning, as the game’s position has dropped in many best-seller lists in its first week. With six years in development, we believe […]
AMD Drops ATI Brand But Keeps Radeon
Before you go and have a breakdown, just know that Radeon is still alive and kicking.
AMD has decided to axe the ATI brand. This change will go effective from the upcoming HD 6xxx series graphics cards. So, instead of saying ATI Radeon HD 6xxx graphics cards, it will say AMD Radeon HD 6xxx […]
Activision Blizzard Q2 Report: Net Revenue Down 7% To $967M
Activision Blizzard has announced its financial results for the second quarter of 2010, ending June 30, and it posted net revenues of $967 million, which is down 7 percent from $1 billion yoy. Net income was up to $219 million from $195 million during the same period in 2009. For the first six months of […]
Square Enix Q1 FY11 Report: Net Sales Up 11% To $378M
Square Enix has released its financials for Q1 ending on June 30 for fiscal year 2011, and it shows net sales of ¥32.5 billion ($378.2 million) which is up 11 percent year-over-year from ¥29.4 billion ($341.5 million). The increase can be attributed to 1.25 million unit sales for Dragon Quest Monsters Joker 2 in Japan, […]
EA Q1 Fiscal Year 2011 Report: Net Revenue Up 27% At $815 Million
Electronic Arts has released it’s financial results for the company’s first fiscal 2011 quarter ending June 30, 2010 and it shows net revenue at $539 million, which is down 33 percent from the same period last year, when revenue came in at $816 million. The company posted a net income of $96 million in Q1 […]
StarCraft II Sells 1.5 Million Copies In 48 Hours
Blizzard has just said that StarCraft II sold 1 million units in its first 24 hours on sale, and 1.5 million units during the first 48 hours. GameStop has said that this is the biggest PC gaming launch since World of Warcraft: Wrath of the Lich King. “We launched StarCraft II in 11 different languages […]
Guerrila, Makers Of Killzone 3, Hard At Work On New IP
VG247 reports that Guerrilla Games managing director Herman Hulst has has confirmed that the studio is working on a new IP. The developer said the project is still in the concept stage, speaking in an interview with Dutch magazine Control. Guerrilla is hard at work on Killzone 3, which will be released in February next […]
Sega Q1 2010 Results, Makes $80.8M Profit
You read that right. In the first quearter of 2010, Sega reported a 7 billion yen ($80.8 million) profit for the period that ended on June 30. During the same quarter last year, Sega reported a loss of 10.3 billion yen ($118.9 million). Sales rise 51% year-on-year to 91.3 billion yen ($1.05 billion). Alpha Protocol, […]
PS3 Outsold Xbox 360 By 28% In Last 12 Months
VG247 reports that PlayStation 3 outsold Xbox 360 by 4 million units in the 12 months ending June 30, by far the most significant lead Sony has placed over Microsoft since it launched PS3 in 2006. Microsoft reported last week that it had sold 10.3 million consoles in its last financial year, which ended June […]
Sony Q1 2010 Report: PS3 Sales Up 118%, Software Sales At 24.8M
Previously, we reported that Sony posted a Q1 2010 profit of $342 million. Here are the updated data. Global PS3 hardware sales stood at 2.4 million for the quarter, a rise of 118 percent compared to the 1.1 million sales the machine managed in the same period last year. Worldwide PS3 hardware sales now stand […]
Nintendo Q1 2010 Report: In The Red, Sales Down 25.6%
Nintendo’s shown big drops in both profit and sales for the period ending June 30, with the company making a loss for the period. Sales were down 25.6 percent for the quarter, dropped to ¥188.6 billion from ¥253.5 billion in the same period last year. Operating income dropped 42.2 percent, down to ¥23.3 billion from […]
Capcom Profits Drop 90.4% In Q1 2010, Income Down By 72.6%
Ouch, it must hurt being Capcom. The Japanese company reported that net sales decreased to 19,037 million yen (down 2.4% from the previous year). As for profits, operating income decreased to 1,005 million yen (down 72.6 % from the previous year), and ordinary income decreased to 216 million yen (down 94.8 % from the previous […]
XBLA Nets Over $46M In First Half Of 2010
Analyst firm Forecasting & Analyzing Digital Entertainment, which specializes in the digital download market, has issued a financial report on Xbox Live Arcade, showing the Microsoft division earning $46M so far in 2010. This leads FADE to suggest XBLA is on track for a record year, despite the slow start in January and February, when […]
Sony Sees Q1 2010 Profit Of $342 Million
According to Japanese publication Nikkei (via ABS-CBN), Sony’s set to announce a first quarter net profit of 30 billion yen ($342 million) thanks in large part to “aggressive cost-cutting.”
