Ahead of the Xbox Game Studios showcase, Microsoft held its quarterly earnings report last night, covering the quarter that ended on June 30th. As it turns out, this was “a breakthrough quarter for gaming”, bringing a $1.3 billion boost to Microsoft. Over the course of coronavirus lockdowns, many have turned …
Read More »AMD had record earnings in 2019, next-gen RDNA GPUs coming in 2020
AMD’s quarterly financial earnings call took place last night and aside from record earnings for 2019, AMD also had good news on the 2020 front, with next-gen RDNA GPU architecture set to debut, along with AMD’s return to high-end graphics with ‘Big Navi’. For the full year of 2019, AMD …
Read More »Ubisoft’s two big 2019 releases under-performed, early 2020 games delayed
Ever since the poor launch of Assassin’s Creed Unity, Ubisoft has been turning a new leaf by giving developers more time and remaining open to game delays. Today, Ubisoft held its quarterly earnings report, going over how The Division 2 and Ghost Recon Breakpoint under-performed and reassessing the release dates …
Read More »Nvidia breaks more Q1 records, gaming revenue is strong and AI demand is growing
Nvidia’s quarterly financial earnings report has come in and unsurprisingly, the GPU giant is continuing to do very well. In fact, its Q1 net income rose by 145 percent compared to Q1 last year, and its gaming specific revenue spiked up by 68 percent. During the first quarter of the …
Read More »Nintendo’s smartphone games haven’t reached ‘satisfactory profit’ yet
A couple of years ago, before we knew about the Nintendo Switch and the situation for the Wii U wasn’t looking good, many suggested that Nintendo turn to mobile gaming to boost its financial situation. To our surprise, Nintendo came out swinging with Super Mario Run, and later brought Fire …
Read More »Ubisoft has learned two important lessons: giving devs more time yields better results and quality PC games sell
Ubisoft has had some stumbles over the years, but 2017 might have been one of the best for the publisher yet. We saw several excellent new game launches, which were bolstered by recurring content updates for older games like Rainbow Six Siege. This has naturally led to sales growth, with …
Read More »AMD’s Q3 results show revenue on the rise thanks to new hardware launches
This week, AMD released its quarterly earnings report, giving us a solid look at how Ryzen, Epyc and Vega have performed financially over the last few months. While in previous years AMD has suffered some losses, things seem to be turning around in 2017, with Q3 revenue up by 26 …
Read More »Nintendo on track to sell 10 million Switch consoles this year, 4.7m sold so far
Nintendo has revealed its quarterly earnings this week, shedding light on the progress towards its ambitious goal of selling 10 million Switch consoles before the end of the year as well as just how well Switch software is doing. The hybrid console has seen 4.7 million sales since its launch …
Read More »HTC’s VR investment is an attempt to save the company
HTC’s most well received product in a long time was its venture into a new field this year with the HTC Vive. The VR headset has arguably captured imaginations more than even the Oculus Rift, but can it save HTC’s ailing fortunes? The company just posted a catastrophic earnings period, …
Read More »Blizzard said to be making $20 million a month from Hearthstone
Blizzard has, for many years, enjoyed a steady income from World of Warcraft, with its millions of monthly subscribers netting it tens of millions of dollars a month since it was released back in the mid ‘oos. However with subscriber numbers dwindling to their lowest since the game’s early days, …
Read More »PewDiePie made £4.8 million last year
We already knew that PewDiePie was a rich man, after all, he did make £2.6 million throughout 2013 by being the biggest channel on YouTube. However, now we have learned that over the past year he has become extra rich, with his earnings nearly doubling throughout 2014. PewDiePie/Felix Kjellberg, has …
Read More »Apparently Google isn’t actually making any profit from YouTube
It seems that Google isn’t actually making any money off of its online video service, YouTube, despite billions of users every month. Financial reports last year reported that YouTube generated $4 billion in revenue last year but the company did not contribute to overall earnings. YouTube failed to count towards …
Read More »Facebook logins top 1.35 billion a month
Facebook now officially has over 20 per cent of the world’s population as regular members, as its active logins this month topped 1.35 billion people. Daily visitors weren’t far behind, with around 864 million people logging in every day – that’s more than the entire population of Europe. Revenue and …
Read More »Google’s Q4 earnings indicate strong Nexus 5 sales
While Google’s fourth quarter earnings fell just short of analyst expectations on Thursday, the firm did manage to post strong Nexus 5, Chromecast and Google Play sales. Wall Street expected Google to generate $16.75 billion in revenue, and while it did manage to surpass that, generating $16.86 billion, share prices …
Read More »Will AMD announce record chip sales for Q4 2013?
With its Q4 Earning Call scheduled for 10:30pm tomorrow night, there is a lot of speculation about what AMD might be announcing in terms of revenue, profit and outlook. KitGuru puts its ear to the ground and listens for the strongest rumblings. In the run up to an earnings call, …
Read More »Facebook earnings are up thanks to mobile surge
Facebook revenue and profits have been higher than predicted by analysts, after what is being described as an explosion in mobile traffic and therefore mobile advertising. Impressively, the social network beat out expectations by over 40 per cent, raising its quarterly revenue to just under $1.6 (£1) billion. This equated …
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