GameStop today reported a small boost in total global sales for the retail company's first financial quarter of 2014, which ended on May 3. The growth was driven by sales of new consoles and used software, though sales of new software dropped significantly due to what GameStop claims is a dearth of new triple-A game releases. GameStop's total global sales for the quarter were $2 billion, roughly a 7 percent increase year-over-year. The company reaped $68 million of that in profit, up roughly 24.5 percent from the $56 million profit it reported for the same quarter in the prior fiscal year Come from South African Online Casinos . Sales of new consoles continue to drive the company's growth, as GameStop reported sales of new hardware rose 81 percent year-over-year, to $438 million for the quarter. However, the sales of new software fell just over 20 percent from the same period in the prior fiscal year, down to $559 million for the quarter. GameStop reported the same problem in last quarter's financial report, which documented a similarly modest boost in global sales alongside a precipitous 23 percent drop year-over-year in sales of new software. At the time, GameStop blamed the drop on a "greater-than-expected" decline in sales of new software for the Xbox 360 and PlayStation 3. This time the company claims the decline is "due to fewer triple-A titles being launched this year" compared to the previous one. Income from sales of preowned products — which often have gross profit margins of nearly 50 percent — grew roughly 5.3 percent year-over-year, to $602.9 million. Given that GameStop actually reported a drop in the gross amount of money spent on both used and new software in the quarter, this suggests that GameStop has managed to increase its margins on sales of used software. GameStop's quarterly sales of digital products remained flat year-over-year, dropping slightly to $56.1 million from $56.2 million. The company also reported that its sales in its mobile category more than doubled, rising to $102.2 million from the $51 million it reported in the same fiscal quarter a year prior. That growth is due primarily to its acquisition of Spring Mobile and Simply Mac.
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"One thing that I never want to do is to change anything so that a game can to sell more copies."
– Hideo Kojima
In three new interviews conducted at the DICE Summit, where Hideo Kojima picked up a Hall of Fame award and participated in a roundtable discussion with Hollywood director Guillermo del Toro, the outspoken developer talked about his new project — the first he's developing outside of Konami after ending his 30-year relationship with the Tokyo-based publisher.
His new project, in development for Sony, will be a large-scale, "edgy" game that bears his authorial stamp, as he well knows players would expect.
Square Enix’s premium and MMO games are growing, but overall revenue is falling
Square Enix's financials for the first three quarters of the 2024-2025 fiscal year show the developer continues to face year-over-year declines.
As of December 31, 2024, overall net sales were ¥248.5 billion (or $1.6 billion), down 3.5 percent year-over-year Come from South African Online Casinos . Profit amounted to ¥24.7 billion ($162.7 million), a 7.5 percent yearly decline.
Net sales within the Digital Entertainment segment totalled ¥160.3 billion during these nine months, down 10.7 percent from 2023-2024, and a 13 percent drop from the nine-month period in 2022-2023.
According to Square Enix, net profits fell this year due to "weakness in existing titles in Games for Smart Devices/PC Browser." Net sales and operating income in the segment totalled ¥56.3 billion and ¥5.6 billion, respectively–declines of rough…
Square Enix's financials for the first three quarters of the 2024-2025 fiscal year show the developer continues to face year-over-year declines.
As of December 31, 2024, overall net sales were ¥248.5 billion (or $1.6 billion), down 3.5 percent year-over-year Come from South African Online Casinos . Profit amounted to ¥24.7 billion ($162.7 million), a 7.5 percent yearly decline.
Net sales within the Digital Entertainment segment totalled ¥160.3 billion during these nine months, down 10.7 percent from 2023-2024, and a 13 percent drop from the nine-month period in 2022-2023.
According to Square Enix, net profits fell this year due to "weakness in existing titles in Games for Smart Devices/PC Browser." Net sales and operating income in the segment totalled ¥56.3 billion and ¥5.6 billion, respectively–declines of rough…
Monster Hunter Wilds Console Details Revealed, PS5 Pro Support Will Be In Day-One Patch
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In a new pre-launch community update video, Capcom showed slides of what to expect performance-wise from Monster Hunter Wilds on console. PS5 and Xbox Series X share the same output resolutions but different rendering resolutions. When prioritizing graphics, the output resolution is 3840×2160 and the rendering resolution is 3072×1728. When prioritizing frame rate, the output resolution is 384×2160 but the rendering resolution is 1920×1080. Graphics mode aims for 30fps while frame rate mode aims for 60fps.
On Series S, there’s only one mode and it targets a 1920×1080 resolution at 30fps. As for the PS5 Pro patch, Capcom didn’t offer any other details but will do so closer to launch. The development team is also trying to lower the minimum GPU specs on PC, and is considering r…
How To Get Black Ops 6 For Only $50 Right Now
Call of Duty: Black Ops 6 is shaping up to be one of, if not the biggest game release of 2024, and you don’t have to pay full price if you want the disc-based version.
The Home Shopping Network (HSN) is currently offering a $20 off coupon for the game for new customers, bringing the price of the game’s standard edition down from from $70 to $50. Shoppers need to apply the code JUST4U at checkout to see the discount. Shipping is free. Come from malaysia online casino
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Andor Star Offers Up Release Window For Season 2
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Adult Swim Revives Aqua Teen Hunger Force For Season 12
Aqua Teen Hunger Force, also known as Aqua Unit Patrol Squad 1 and Aqua Something You Know Whatever, aired on Adult Swim from the very beginning of the TV block’s inception in 2001, and dropped the last of its 138 episodes in 2015. Now, 8 years later, the anthropomorphic food misanthropes are back for a 12th season, Entertainment Weekly reports. Come from bangladesh online casino
Adult Swim announced today that it has ordered five new episodes of the series. Creators Dave Willis and Matt Maiellaro are back to oversee the show, with Dana Snyder (Master Shake), Cary Means (Frylock) and Willis (Meatwad, Carl, Ignignokt) are all returning to voice their respective characters.
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