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Home > News > Tags > losses
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Both developers and video game publishers have long talked about the evils of the used games market and now one leading studio has put a number on the losses that it has suffered because of sales of second hand game copies.Guillaume de Fondaumiere, who is the Chief Executive Officer of Quantic Dream, has told GamesIn... |
13 September 2011
17:21 GMT |
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Video game publisher and hardware developer has published its financial results for the first fiscal quarter of this year and has noted that weaker than expected sales of the PlayStation 3 home console have led to its gaming business losing revenue.
Video game hardware, online services and software sales reached 1... |
29 July 2011
18:11 GMT |
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Video game publisher and hardware developer Nintendo has announced its financial results for the first full fiscal quarter of 2011 and the company has admitted that the performance was pretty bad, with net sales dropping by 50 percent when compared to the same period of 2010, to a total value that is just over 94 bil... |
29 July 2011
05:36 GMT |
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Hackers who exploited a vulnerability on Citigroup's Citi Account Online website earlier this year managed to steal $2.7 million from the victims' accounts.On June 9 Citi announced that its Citi Account Online system was compromised by unidentified attackers who extracted the account data of 1% of its North... |
28 June 2011
04:02 GMT |
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Video game publisher Square Enix has announced pretty bad financial results for the fiscal year that ended on March 31, saying that it has been hit both by smaller sales of core titles and by problems linked to launching the subscription-based component of the MMO Final Fantasy XIV.
Overall sales for Square Enix h... |
16 May 2011
09:45 GMT |
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According to the latest annual report from the European ATM Security Team (EAST), ATM fraud losses amounted to €268 million in 2010, which represents a 14% reduction over the previous year.The €44 million drop comes after an ever bigger fall of 36% in fraud losses registered during 2009 and is also coupled... |
13 April 2011
01:41 GMT |
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Without a doubt, one of the least-pleasant surprises the world of IT and technology has been faced with lately was Intel's announcement that it had identified a flaw within its Cougar Point platform for Sandy Bridge CPUs, a massive product recall action ensuing.
Up until now, we've talked not just about ... |
4 February 2011
08:26 GMT |
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Sony has issued a very positive statement, saying that it will report smaller losses than it previously announced, its gaming business being one portion of the company performing better than expected and is setting the pace for the future. Sony expects to lose about 440 million dollars, which is significantly lower t... |
12 May 2010
08:15 GMT |
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Electronic Arts has announced that it did not return to profitability in the last fiscal quarter, saying that its losses have reached 391 million dollars for the last three months. In the same period of 2008, the publisher, which is going through a tough restructuring process, precipitated by the worldwide econo... |
10 November 2009
12:51 GMT |
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Electronic Arts, one of the biggest videogame publishers in the world, has announced that it has lost no less than 42 million dollars in the last fiscal quarter of 2009, which is quite a big sum but a narrower loss than analysts expected. In the similar period of the previous year, the company had reported a loss of ... |
7 May 2009
03:57 GMT |
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Take Two has released its financial results for the quarter that ended on January 31. The company says that it has seen an increase of 7% when it comes to year over year revenues, to 256 million dollars, but that did not help when it comes to losses, as they also increased by 32%, going up to 50.4 million dollars. Th... |
11 March 2009
17:11 GMT |
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Activision Blizzard presented a very mixed earning report to share holders and the press. On the one hand, the publisher created revenue of 2.3 billion dollars in the period between October and December, which is better than analysts expected. On the other hand, the company posted a loss, for the same period, of... |
12 February 2009
03:51 GMT |
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Electronic Arts has just reported a third quarter loss for fiscal 2008 of 641 million dollars. This is way more than in the same period of 2007, when the loss was of just 33 million. The third fiscal quarter ends on December 31 and comprises the crucial Christmas shopping season, when many videogame publishers releas... |
4 February 2009
12:51 GMT |
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A few weeks ago, Midway presented its financial results for the year of 2007 and the financial projections for 2008. The results themselves were very troubling for the Midway shareholders. Revenue from sales went down by more than 10 million dollars, while losses went up to $97.4 million, compared to 2006's numb... |
21 March 2008
18:06 GMT |
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Japanese conglomerate Toshiba expects about $1 billion yearly loss as the result of having shut down its HD DVD business. Toshiba conceded defeat last month after a few months of continual battle against Sony's Blu-Ray high-definition format. The news was broken by Japanese business daily Nikkey, that declined t... |
13 March 2008
07:04 GMT |
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German chip and memory maker Infineon Technologies announced that it will lower its shares in Qimonda to less than 50 percent over the next two years. Qimonda started in 2006 as a division of Infineon Technologies that specialized in making different kinds of chips for computers and the parent company still owns the ... |
7 August 2007
03:26 GMT |
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Transmeta announced its financial results for the second quarter of the fiscal year 2007 and the news isn't good. During the second quarter, the company registered revenues of $171.000, including "146,000 of service revenue and $25,000 of end-of-life product revenue", much lower than the revenues registered duri... |
7 August 2007
02:53 GMT |
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