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The publisher of Call of Duty and World of Warcraft released a sunny financial report today, and revealed that Guitar Hero is big in Europe. More »
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With business failing and stores closing all over the country, GameStop reports record sales and earnings for 2008, and expects the trend to continue this year with plans to open 400 more stores. More »
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While nearly every other company bled cash, fired employees and cancelled projects, Activision Blizzard posted record results, announcing over $5 billion in revenue for 2008, seeing $429 million worth of profit over the holidays. More »
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Sales were up at Take-Two Interactive, thanks to sales of games like Grand Theft Auto IV and Midnight Club: Los Angeles, but the publisher saw losses also increase to the tune of $15 million. More »
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The GameStop corporation happily announced today that its earnings had shot up 5.2% for the quarter ending November 1, with over $1.69 billion in sales. During that quarter GameStop opened 191 new stores, 94 in the United States and 97 internationally. It also snatched up French games retailer Micromania, expanding its influence even further. We hope they bought the protection plan with their Micromania purchase, just in case it gets scratched or... or worse! More »
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Chicago-based developer Midway announced its third quarter earnings today, pulling in $51.4 million in revenue. That's better than the $36.7 million it did the year prior and thankfully in line with expectations. The bad news — oh, there's bad news, naturally — is that Midway took a loss of $75.9 million, with losses planned to continue for the year. That's worse than the quarter before and the year prior, for those who like to keep track of such things. More »
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Take-Two Interactive had plenty to sing about today. There was the official word on BioShock 2, even more Carnival Games for little girls and boys to enjoy and a reaffirmation of Grand Theft Auto IV's worldwide ship date of April 29. Yay! Sure, there were some delays, but all in all, not bad. The best news? The company managed to only lose 38 million bucks in its first fiscal quarter of 2008! That's better than the Take-Two gang had expected, with Strauss Zelnick, Chairman of Take-Two, saying he was "pleased." This is how you lose money, people—with a faint hint of a smile on your face. More »
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French publisher Ubisoft was rather pleased with itself for its performance for the previous quarter, raking in some $650 million in revenue on strong sales of Assassin's Creed and some Petz or Babyz nonsense. Whatever the cause, champagne corks were popping on news that sales were up some 44% over the same quarter the previous year. Good news for those at Ubi, but maybe not for someone looking to acquire the company. More »
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If we could do the whole birth thing all over again, we would make sure that GameStop was our uncle. Because their sales last quarter were through the roof, rising 59% from last year and totaling $1.6 billion. Hardware sales and software sales both had large gains, with the top titles being Madden NFL 08, Guitar Hero III, BioShock and Wii Play. Now we understand where GameStop got all that cash to open over 5,000 stores. You know, us. More »
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It may not have been the biggest entertainment launch event of the year, or however Halo 3's launch was marketed by the team at Microsoft, but Activision's haul for the launch week of Guitar Hero III: Legends of Rock was more than respectable. The company posted quarterly earnings today—some $317 million and a record for Activision—bolstered by healthy sales of the fourth game in the Guitar Hero series. More »
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What a difference $330 million in sales of Halo 3 can make. The regularly unprofitable Entertainment and Devices Division, in which the Xbox business resides over at old Microsoft, came up for air this past quarter, posting $165 million in income for the Redmond behemoth, celebrating the second profitable quarter for the games division since its inception. Microsoft points to strong sales of Halo 3, the Xbox 360 and video game accessories as revenue drivers, helping the entire E&D Division pull in some $1.93 billion for the first fiscal quarter. More »
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Best Buy definitely owes each and every one of us a cookie. The retail juggernaut has reported its profits for the third quarter, seeing a double digit gain in entertainment software sales. This effectively makes gamers and gamer enablers responsible for 17% of their $8.5 billion revenue for the period, due in no small part to the new console launches. More »
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