Tag Archives: revenue

The video games industry is bigger than it's ever been, with the Nintendo Switch becoming one of the best selling consoles of all time and the PS5 currently outpacing the PS4 despite supply setbacks. Even so, it is surprising to see just how lucrative the current generation has been for Sony, with the PS5 having generated more profit than all previous PlayStation consoles combined.

Delving into the mobile gaming ecosystem can sometimes feel like a foreign experience for those who mainly engage with the medium through consoles or PC. While there are some familiar faces, 2023’s top-grossing mobile games have now been revealed – showcasing a number of surprise additions. As reported by ‘mobilegamer.biz’, …

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. 

Microsoft was never precise regarding how much money they make from Game Pass. We learned earlier this year that the service has roughly 25 million subscribers. Still, the various subscription models (including trials) make it hard to pinpoint an estimation of how much it generates over a year. Fortunately for …

By now, you should know Diablo fans are not happy with Diablo Immortal. Most people consider it a cash grab, which is hard to counter-argue considering you may spend well over $100K to max out your character. Still, it seems some people don't mind spending that much, as the game …

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 …

Microsoft held its quarterly earnings report earlier this week and it seems that the Xbox team has been doing extremely well. For the second quarter in a row, the Xbox Series X/S consoles have managed to outsell the PS5. Speaking during the call, Microsoft CEO, Satya Nadella, reported that the …

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.

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 …

The Epic Games Store continued offering free games to all users throughout 2021, beating records set in 2020. Over the course of last year, EGS added another 34 million users, while giving away 765 million free games.  In its latest yearly growth report, Epic Games revealed that its store now …

Microsoft revealed its quarterly earnings results last night, giving us a good idea as to how well Xbox is doing right now to start off the new console generation. Microsoft unfortunately doesn't reveal specific sales numbers, but everything appears to be on the up, with the gaming division generating $15 …

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 …

Nvidia always does well financially but it looks like Q1 2021 is going to be particularly big for the company. Previously, Nvidia told investors that it expects to make $5.3 billion during the first quarter, but due to an uptick in crypto-mining sales and the launch of CMP graphics cards, …

Over the course of 2020, we saw a huge rise in activity across the gaming market. As one of the most popular companies in gaming, Razer benefitted from this, leading to $1.2 billion in total revenues for the full year – a 48 percent rise over 2019.  This week, Razer …

It's been a tough start to the year for smartphone manufacturers, but Xiaomi has announced that it has beaten the market trend by achieving a year-on-year growth of 13.6% for Q1 2020. The Chinese company also reported that major products sales have returned to pre-pandemic levels. In spite of the …

AMD recently held an earnings call discussing its Q1 2020 financial results. During the call, Lisa Su – President and Chief Executive Officer of AMD – said that the company now has “more than 50% share of premium processor sales at many top global e-tailers”. It's no secret that AMD …

Just a couple of weeks ago, Apple and Qualcomm surprisingly buried the hatchet and dropped all lawsuits against each other. Going forward, Qualcomm will supply Apple with smartphone modems and will also help with Apple's transition to 5G in the future. Qualcomm is already very confident about the earning potential …

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 …

Over the last few years, there has been a huge increase on the number of games released on Steam annually. Over the course of 2017, it is estimated that Steam brought in $4.3 billion and it seems that the top 100 selling games on the platform made up for a …

Adobe has managed to increase its annual revenue to near $6 billion, an overall rise of some 22 per cent year on year. Quarterly net income is said to be at record setting levels also, thanks to rapid growth in its digital media segment, and expansion of its Creative Cloud …

Twitter has just released its financial report for the past quarter, with little positive in the way of news for shareholders. As usual it is still struggling to turn a profit and one way it seems to be trying to stem that tide is through data sales. In the past …

Pokémon Go is easily one of the biggest breakout hits of 2016, but by most counts its user base and particularly its paying customers, really dropped off after a few weeks. It seems like they might be making a comeback however, as two new reports have pinned Pokémon Go as …

Uber is one of those companies that has always lost money. It survives purely on continued investment because it's a good idea. That means it's worth tens of billions of pounds, despite making catastrophic losses. The question is, can it keep it up? The latest report suggests that Uber lost …

Back at the end of 2014, Apple was considering dropping Google as its default search engine provider for Safari on iOS. The company was even meeting up with the heads behind Yahoo and Bing at the time to strike a new deal but in the end, Google won out and …

Ex-CEO of Microsoft Steve Ballmer and still the company's biggest share-holder, has called the numbers Microsoft revealed as part of its recent annual shareholder meeting, “bulls***.” Although Microsoft released its run rate – extrapolating results from a single point throughout the year – Ballmer wants to see real revenue numbers, …

Yahoo announced late yesterday that it had signed a search advertising deal with Google, further enhancing an already existing deal with Microsoft, so that now Yahoo will earn a portion of revenue from adverts displayed in the trio of search engines from all companies. It's hoped that this will help …

Apple Watch has got off to a surprisingly good start, with sales hitting the millions in a matter of days and pre-order stock selling out swiftly. However, its not just the watch itself making a fortune, Apple is also making a surprising amount on spare watch band sales, with revenue …

This week, Bethesda announced a new smartphone game called Fallout Shelter. For now, it is only available on iOS but it looks like in the last week, the game has managed to rake in more money than Candy Crush Saga, proving that free to play games can make good money …

Sales of high-end graphics cards are primarily driven by product launches, introductions of demanding video games as well as by general industry trends. In the coming quarters there will be four to three additional factors that could improve sales of graphics processing units, according to Jen-Hsun Huang, chief executive officer …

Sony hasn't been in the best financial position recently but the company’s PlayStation division is continuing to help keep the company afloat, generating £3 billion in revenue during the third quarter (holiday season) last year. That made for a pretty big sales boost, generating an extra 16.8 per cent year …