Mario Kart Wii U sells 2.8m but Nintendo still loses money

Mario Kart 8 for the Wii U has sold 2.82 million units since release in May, but it hasn’t helped Nintendo’s financial bottom line.


Financials headlines

Page 1

Financials Latest

  • Mario Kart Wii U sells 2.8m but Nintendo still loses money

    Mario Kart 8 for the Wii U has sold 2.82 million units since release in May, but it hasn’t helped Nintendo’s financial bottom line.

  • Profits halved at Metal Gear publisher Konami

    Metal Gear publisher Konami saw profits halved in the full financial year from 13.2bn yen ($129m) to 6.2bn ($60m).

  • Capcom financials: Monster Hunter 4 boosts firm’s full year profits

    Sales and profits were up for Capcom’s financial year ended March 31, helped by the overwhelming success of Monster Hunter 4.

  • Nvidia posts record financials, $4.28 billion revenue in 2013

    Nvidia has won big in the current fiscal year, posting record revenue of $4.28 billion. The company’s Q4 revenue sits at $1.1 billion, and is indicative of an increase across almost entire the board.

  • HMV to honour gift vouchers from tomorrow

    Did you receive a HMV gift voucher for Christmas, only to have your precious funds ripped away by the British retailer’s plummet into administration? Good news! You can finally pick up that copy of Weekend at Bernie’s you’ve always wanted.

  • Microsoft’s Xbox brand will be “sold to someone like Sony”, failure is “inevitable”

    The analysts are at it again. This time, a US firm predicts Microsoft’s Xbox brand is on a downward spiral.

  • Sony sells US headquarters for $1.1 billion

    Sony has agreed to sell its US headquarters for $1.1 billion, according to Bloomberg.

  • Darksiders II struggling to break even

    Despite topping the US retail sales charts back in August, it would appear that Darksiders II is struggling to reach the 2 million sales needed for publisher THQ to break even on the product.

  • Take-Two postpones earnings reports due to Hurricane Sandy

    Hurricane Sandy’s wrath has affected almost too many to count over the past few days, and now it has inconvenienced one major video game publisher as well.

  • Rage of Bahamut publisher sees record sales

    Global Internet company and social games publisher DeNA has reported record sales figures for the financial quarter ended June 30.

  • T2 Q2 ’12: Sales up 83%, XCOM delayed into FY13

    Take-Two has reported better-than-expected results for Q2 FY12 by reporting net revenue of $107 million, compared to $245 million yoy with the strongest contributors led by the Grand Theft Auto franchise, Red Dead Redemption, Borderlands, Sid Meier’s Civilization V, Midnight Club Los Angeles, and NBA 2K11.

  • Analyst predicts 4% increase in September sales

    In a time of sinking sales across nearly all industries, it’s encouraging and surprising to see analysts like Michael Pachter start talking about year-over-year sales increases instead of decreases.

  • Activision sells 18 million Black Ops map packs

    Black Ops map packs are selling through the roof. Also, surprise of the century, Activision is raking in money by the truckload.

  • HMV suffers huge profit loss

    Purveyors of UK entertainment merchandise, HMV, announced today that they’ve experienced huge losses over the last year, with video games specifically “underperforming.”

  • New report says game spending down in 2011

    A new report from industry analysts predicts that consumer video game spending will be down compared to the previous year.

  • Square Enix Q2 financials not a pretty sight, could have been even worse

    Square’s taken a glass half-full approach to its Q2 financials, which is really quite admirable. Even if it is a really small glass.

  • THQ reports $30.1 million Q1 loss, lower than expected UFC 2010 sales

    THQ’s Q1 financial results are in, and while the UFC Undisputed publisher’s far from eating canvas, we have to imagine it’ll have quite the shiner when it wakes up tomorrow morning.

  • Report: Sony strikes gold, sees profitable Q1

    Somewhere, off in an – in all likelihood fictional – alternate universe, Kevin Butler’s riding a golden jet ski powered by fuel made from ground-up diamonds. Of course, he always did that. But now, Sony can actually afford it.

  • EA FY2010 financials – everything in one place

    Recently, for a lot of videogame companies, we have to imagine that getting on the horn for a financial call has been akin to watching crowds gather at the gallows for your own hanging. Only problem is, execs actually survive financial calls, ensuring that they’ll have to shout “Abandon ship!” as their stocks plummet yet […]

  • ActiBlizz Q1 2010 financials – everything in one place

    Say whatever you want about Activision Blizzard, but one thing’s for sure: gaming’s premier publishing powerhouse is never boring. Whether it’s Bobby Kotick tying the industry to a table and rambling on about his diabolical plans to suck the fun out of development or the recent Infinity Ward fiasco, there’s never a dull moment in […]

  • Square Enix posts sizeable net loss in wake of Eidos purchase

    After taking a $117 million hit from Eidos, Square Enix’s financials are looking a little worse for the wear. The two-headed Japanese giant posted a net loss of 1.67 billion yen for the quarter ending on June 30. Sales were also down 1.2 percent when compared to the same period last year, coming in at […]

  • Atari first quarter revenues rise, but future success still uncertain

    Gamasutra has the full scoop on Atari’s first quarter earnings, and things are looking pretty good. Boosted by the strong sales of games like Chronicles of Riddick and Ghostbusters, revenues soared 30% up to €54.5 million ($77.78 million). However, Atari isn’t popping the champagne and threatening to stop supporting the PS3 just yet. The future, […]

  • Take-Two doesn’t expect a profitable 2009

    With BioShock 2, Red Dead Redemption, and Max Payne all banished to the far off temporal land of 2010, Take-Two isn’t expecting much in the way of profitability this year. The company stated as much during today’s conference call. However, the publisher repeatedly noted that 2010 has become a promised land of sorts, with the […]

  • nVidia reports record revenues and profits for FY07

    According to this, nVidia has reported revenues of $4.10 billion for its full fiscal year, which ended on the seemingly randon January 27, compared to $3.07 billion for the same period a year ago. Profits were $797.6 million, up from profits of $448.8 million from the same period a year ago.

  • Sony stock stiffs on limp earnings

    While Sony’s games division may have gone into the black, a small rise in profit and a cut outlook in recent quarterly financials damaged the company’s shares to the tune of 7 percent today, says this. “The earnings report prompted HSBC to cut its rating on Sony to ‘neutral’ from ‘overweight’, citing the risk that […]

  • EA financials: Everything in one place

    Don’t bother dragging yourself round the internet looking for news on the EA investor call yesterday: we’ve done it for you. See below for everything unveiled in the chat with EA CEO John Riticiello and coverage of the company’s third quarter financial release itself. Don’t forget to listen to big John quacking on in the […]

  • Future revenues down 1.5 percent for the quarter

    UK magazine publisher Future has taken a revenue hit for the first three months of its fiscal year, down 1.5 percent over the same period for 2006. The company reported revenues of £40.6 million for the three months ending December 31 2007. “Although we continue to take a cautious view of our markets, the current […]