Monthly Archives: October 2013

Sony loses $8m on games as overall business cuts forecast by 40%

Sony’s games business has managed to raise its quarterly revenues slightly year-on-year, but only thanks to the continuing crash of the Yen against both Dollar and Euro. Global takings for the division for the quarter ending September 31, 2013 were

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Steam now 65 million users strong as Valve makes a push for the living room

Valve’s Steam service for PC distribution and sales has over 65 million users playing its over 3,000 games, the company announced this afternoon. That’s a 30 percent increase (15 million accounts) over the last 12 months — not too shabby!

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Wii U “is the wrong product for consumers” – Pachter

Pachter says Nintendo forecasts are too optimistic, says Wii U “is the wrong product for consumers” It’s been a year since Nintendo stopped making Wii games, but the system and its software continue to sell. In fact, Wii hardware and

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‘Grand Theft Auto V’ shipments top 29 million

Shares of video game publisher Take-Two Interactive have jumped nearly 2% in after-hours trading after the company reported record revenue for the second quarter thanks to huge sales ofGrand Theft Auto V. Take-Two reported $1.27 billion in revenue for the

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PS4, Xbox One to ship 10m units by March – EA

EA is extremely bullish on next-gen gaming based on what the publisher has heard from Microsoft, Sony and retailers On its earnings call today, the first one led by Andrew Wilson as new EA CEO, EA fielded numerous questions about

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Apple sells 33.8m iPhones, 14.1m iPads in September quarter

Thanks to the new iPhone 5s, Apple’s iPhone sales grew by 26 percent during the fourth quarter. Apple has just released its fourth-quarter earnings for the period ended September 28, 2013, and it’s good news for the iPhone business, which

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The Playforge lays off staff, halts new development

Zombie Farm developer forced to shelve new projects. The Playforge has made an undisclosed number of its staff redundant, and has halted development of its new projects. Initial reports suggested that The Playforge was due to close entirely. Inside Mobile

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Star Citizen reaches $25 million in funding

Roberts Space Industries’ Star Citizen has now raised more than $25 million in funding from its community. According to a letter published by Chris Roberts, the designer best known for the Wing Commander series, October has been the most lucrative

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Zynga slashes net loss, but revenue drops

Zynga reported a smaller-than-expected net loss Thursday and named a new chief operating officer as the struggling social games maker continued to try to turn itself around. Zynga whittled its third-quarter net loss to $68,000, from $52.7 million in the

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Ouya hires free-to-play specialist

Ex-Jawfish creative director Tadhg Kelly signs on as microconsole expands availability to new countries, retail locations Tadhg Kelly is getting out of the mobile business. The former creative director of Jawfish Games posted an update on his What Games Are

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