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 »Kodak made $12 million this quarter
Considering how long it's been since most of us picked up a camera with film in it, you might be surprised to know that Kodak is still alive and kicking. In fact it's doing rather well. In its latest quarter earnings report, it made a profit of $12 million (£9.67 million). …
Read More »Nintendo shares hit after meteoric rise on ‘Go confidence
Pokémon Go ignited the world's interest in Pokémon once again, which in turn saw Nintendo share prices explode by more than 100 per cent of their value in just a couple of weeks. Since then though, as the reality of the game sinks in, confidence has cooled somewhat and stock …
Read More »Facebook makes its first billion dollar quarter profit
Despite being one of the world's most valuable companies for the best part of a decade, it's taken a long time for Facebook to earn the kind of money that matches its valuation. Still as advertising on it has improved and it's increased its usage to more than a billion …
Read More »Apple’s profits break all records for all companies ever
If you thought Apple was rich before, having the biggest, most financially settled company in the world, think again, as this year has eclipsed all others that came before it. In-fact it's eclipsed every single company's most profitable year ever, netting the fruity firm a staggering $53.4 billion (£35 billion). …
Read More »Sony may drop smartphone business if it doesn’t profit next year
Sony's range of smartphones is actually quite well received and liked by many. We know quite a few of our readers are sporting Xperia devices but unfortunately, Sony hasn't been making any money off of its smartphones for years, in-fact, it has been causing losses. Now, Sony's CEO has said …
Read More »Wii U sales finally crest 10 million
Nintendo's latest console hasn't been the strong player that it hoped it would be earlier in its life cycle. Released almost a year ahead of its main competitors, the PS4 and Xbox One, with a unique second screen mechanic, it was supposed to capture the old Wii audience, whilst siphoning …
Read More »Nintendo’s profits show it’s still a toy company at heart
Nintendo is a company that almost everyone associates with its games consoles. The classic NES, the iconic N64 and the more recent popularisation of casual gaming among all walks of life with its Wii system. But as of late, it's made a big chunk of its money from selling Amiibo …
Read More »Samsung predicting a 30% drop in profit
Samsung is gearing up to reveal its first quarter 2015 earnings soon so the company has released an earnings guide for investors, which tells a similar story to the last few, Samsung is expecting to see a sizable dip in profit due to dwindling sales of its devices. Samsung currently …
Read More »NVIDIA posts record revenues for fiscal 2015
NVIDIA has had a very good financial year over the last 12 months, finishing off with a record-breaking 4th quarter with revenue in Q4 of $1.25 billion, up 9 percent from the previous years quarter. GPU revenues for the quarter were 85.8 per cent of the total and climbed 13 percent to bring in …
Read More »Nintendo selling lots of Amiibos, less hardware
Nintendo hasn't had anywhere near the success this console generation when compared to the last. A lot of the blame for that can be placed at the feet of marketing and the fact that the casual game market is very different from what it was just a few years ago. …
Read More »Nintendo might actually make a profit this year
Hold your horses folks, it looks like you might need to make good on that bet after all: hell has indeed frozen over. Or at least it looks like it might be about to, as Nintendo is currently on track to make a yearly profit for the first time in …
Read More »Twitter enters retail game with ‘buy’ button
Evidently fed up with driving sales to every corner of the web without being able to take much credit, Twitter has implemented a way to buy products directly through the social network, thereby scoring itself a small portion of the profit. Not for every product mention though and not for …
Read More »Netflix profits double despite US price hike
Streaming movie/TV powerhouse, Netflix, has announced that despite bumping its monthly subscription charge by $1 in the US, it has managed to pull in over half a million more customers in that territory alone, which has led to it managing to double its quarterly profits, year on year. Over the …
Read More »Mojang has enough money to survive ten years without profit
Markus Persson, better known as Notch, the creator of Minecraft, recently shed some light on his ten year plan for his company, Mojang. Once the Interview came out a lot of people on the Internet misinterpreted something he said in the article, assuming that Notch meant that he will shut …
Read More »Samsung blames profit decline on employee bonuses
Samsung's quarterly results were revealed yesterday which saw an 18 per cent decline in the company's profits from last quarter, so where did the money go? Well Currency exchange rates as well as employee bonuses seem to be the cause. Samsung says that while its marketing budget did increase due …
Read More »Disney Infinity sales drive strong quarter earnings
The Walt Disney Company has just published its year on year and Q4 revenue results and it's been doing very well indeed. A large part of this is thanks to the high sales of Disney Infinity, with over a million starter packs sold and countless additional figures helping to bump …
Read More »Analysts weigh in on Apple profit drop
Apple has announced its first drop in profits for the past decade, prompting some to question the future of the firm – as it has a history of innovating and trend setting over a few years and then stagnating. Vanessa Barnett, technology and media specialist at Charles Russell LLP has spoken up …
Read More »Apple quarterly profit hits $8 billion
As if anyone is surprised, Apple is doing rather well financially at the moment and has announced that for the fourth quarter of 2012, it has made a profit over $8.2 billion. Compared with the same period last year, things are on the up, as it made ‘only' $6.6 billion. …
Read More »Viglen’s continued success is an education for all
While most local system companies have evaporated, Viglen continues to bang in the results – including a whopping £8m revenue for June alone. How does one of the last remaining giants of the UK PC industry do it? KitGuru goes back to school to see what can be learnt from …
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