Back in November, we learned that Nvidia saw massive growth from the sales of its AI accelerators, leading to a huge $18.4 billion in revenue for the quarter. Now, Nvidia has published its Q4 results and somehow, more records have been shattered. Nvidia's Q3 revenue for the year grew by …
Read More »Nvidia records 206% Q3 revenue growth driven by AI and data centre
Nvidia has spent recent years establishing itself as a leader in the hardware market for AI acceleration. Those bets began paying off hugely with devices like the Nvidia H100 becoming hot sellers and the streak has not come to an end. Nvidia has now shared its Q3 earnings report, showing revenues have grown by a massive 206 percent compared to Q3 in the previous year.
Read More »Game Pass accounted for roughly 30% of Xbox revenue in Q3
Microsoft held its quarterly earnings call this week, revealing the latest batch of stats on how Xbox is doing. As expected, Xbox console sales are indeed down, but the company is seeing continued success in gaming subscriptions, with revenue nearing $1 billion for the quarter. Microsoft did not announce a …
Read More »Call of Duty lost millions of monthly players in Q2 as Activision earnings take a dip
Activision Blizzard held its quarterly earnings call last night, sharing new stats on how the business and its current games are doing. As we learned last quarter, Call of Duty: Vanguard has heavily underperformed and the situation hasn't improved since, with Call of Duty losing millions of Monthly Active Users. …
Read More »Diablo Immortal has surpassed $100M in revenue
Diablo Immortal launched in early June and quickly garnered 10 million players and earned just shy of $25 million within the first couple of weeks. At this point, the game has doubled to over 20 million installs and revenue has gone way up, surpassing $100 million. Despite controversy and outcry …
Read More »Intel cuts earnings forecast following unexpected Q2 sales drop
Intel shares have taken a significant dip this week following the company's quarterly earnings report. Intel missed revenue targets last quarter and the company has also cut down its earnings predictions for the rest of the year.
Read More »Netflix rebounds after ‘only’ losing 1 million subscribers in Q2
Despite the success of Stranger Things Season 4, there has been a lingering nervousness around Netflix's Q2 earnings report. In Q1, the streaming giant lost subscribers for the first time in a decade, putting an end to the non-stop growth Netflix had previously enjoyed. Over last quarter, Netflix did lost almost a million subscribers worldwide, which is actually much less than initially forecast.
Read More »Diablo Immortal made $24 million in two weeks but that might not be enough
At this point, it is well established that Diablo Immortal has one of the greediest gacha systems we've seen in a mobile game to date. Still, the controversy didn't scare off those who can afford to drop piles of cash on mobile games. In the two weeks since launch, Diablo …
Read More »Activision Blizzard games have lost 60 million active users over the last year
Activision Blizzard held its quarterly earnings call last night, sharing new stats on how the business and its current games are doing. It looks like recent controversies have finally caught up to the publisher, leading to a huge drop in active players, particularly for Call of Duty.
Read More »Apple surpasses 1.8 billion active devices
Despite supply chain struggles and slower production lines, Apple managed to make record amounts of revenue in Q4 2021, bringing in a whopping $123.9 billion, beating out even the highest estimations. As you would expect, this revenue surge was largely driven by iPhone sales, expanding Apple's reach to 1.8 billion …
Read More »Cyberpunk 2077 launch led to record financial year for CD Projekt Red
Despite technical issues and refunds for console players, Cyberpunk 2077 still sold millions of copies in 2020, leading to CD Projekt Red's most successful financial year ever. In fact, total revenues and profits for the launch tracked much higher than The Witcher 3. CD Projekt Red released its projected earnings …
Read More »Microsoft had a $1.3 billion boost from gaming revenue last quarter
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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