Category Archives: Financials

Activision-Blizzard has posted its Q1 results for fiscal year 2013 and reported net revenues of $ 1.32 billion compared with $1.17 billion for the first quarter of 2012.

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EA said during its call to investors last night that full game downloads contributed nearly $100 million during Q4 in fiscal year 2013, a figure which is up 64% year-over-year.

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Shares in Electronic Arts have hit a new 52-week high of $20.84, compared to the previous 52-week high of $19.51 and shares are up 26% YTD as of the close of trading on Tuesday, May 7.

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Disney has reported its Q2 financials, and overall the company reported a 32% increase in net income during the January-March quarter.

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Capcom has released its 2013 fiscal year results and the firm posted a profit of £19.42 million, despite profits being down by 56% year-over-year.

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Electronic Arts has announced its Q4 and fiscal year 2013 financials with the news Battlefield 3 Premium has over 3.5 million subscribers to-date, and generated over $120 million in revenue through the March quarter.

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Wii U consoles have been discounted once again at UK supermarket chain ASDA, in a presumed attempt to reverse slow sales figures.

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Facebook gaming showed positive growth in the first quarter, but long term partner Zynga wasn’t a contributor to this success.

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Zynga COO Dan Ko has spoken about the company’s decision to axe several of its games, as a way of re-aligning its focus, resources and profit-making potential moving forward.

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Nintendo president Satoru Iwata has addressed investors following release of the company’s financial report yesterday. He agrees that things aren’t looking good at the moment, but that the company will pick up real momentum across 3DS and Wii U this year, bolsteres by some strong IP on the horizon.

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Sony has confirmed that its financial report for the year ended March 31st 2013 will go public on May 9, and the company has confirmed its profit projection for the year has doubled.

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Zynga reported its Q1 earnings today, posting net income of $4.1 million compared to the $85.4 million loss the prior year. Still, not all is rosy in social gamesville, as sale fell 18% to $264 million.

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Nintendo has confirmed it will place the company’s global president Satoru Iwata as CEO of the company’s North American pursuits, following the promotion of previous CEO Tatsumi Kimishima. Iwata will fill both roles for the foreseeable future.

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Nintendo has posted full-year profits of ¥7 billion for 2012, which is half of the company’s ¥14 billion projection. Regardless, this is an improvement over last year’s loss of ¥43.2 billion. The projection slump has been attributed to weak global sales of both Wii U and 3DS .

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Apple sold 19.5 million iPads in the quarter ending March 30, up from 11.8 million in the same quarter of the previous financial year. Sales of iPhones were also up, at 37.4 million from 35.1 million. Mac computers, on the other hand, sold “just under” 4 million, down from last year’s flat 4 million. There wasn’t much else of interest to gamers in the tech giant’s financial report this quarter; the company reported revenue of $43.6 billion, up from $39.2 billion, but net profit of $9.5 billion, down from $11.6 billion.

Thanks, Gamespot.

Nintendo is expected to post its yearly financials tomorrow, and Bloomberg expects the firm to announce a ¥18.7 billion ($189 million) loss of the period. Last year, the firm announced its first-ever annual loss. According to Ace Securities Co. analyst Hideki Yasuda, many aren’t happy with how president Satoru Iwata is running the company. “Iwata hasn’t produced good results in recent years,” he told Bloomberg. “He can’t avoid being criticized.” Via Gamespot.

Microsoft has announced quarterly revenue of $20.49 billion for the quarter ended March 31, 2013. The Entertainment and Devices Division, which encompass Xbox 360 figures, posted revenue of $2.53 billion, an increase of 56% from the prior year period. Xbox LIVE now has over 46 million members worldwide, an 18% increase from the prior year period.

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Capcom has issued an insight into its year-end financial report ahead of the document’s full release. The Osaka-based company will announce that restructuring efforts have resulted in half of the profits originally projected in its previous report.

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India’s games market enjoyed 16% growth in 2012, according to the Indian Media and Entertainment Industry Report 2013.

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Gears of War: Judgment and God of War: Ascension both performed poorly through March according to a new report from market analysts Cowen & Company.

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