In a news story that we’re sure will surprise precisely nobody at all, The9 — China’s previous operator for World of Warcraft — has reported a serious decline in profits for this last quarter. Since last year when The9 still had World of Warcraft in its stable of games to now, they have seen a staggering 94% drop in revenue. Since the split became final in June of this year, there was also a 91% drop between last quarter and this one. Between The9’s lawsuit against Blizzard for (among other things) software copyright infringement and selling nearly 15% of its shares to Activision Blizzard competitor, EA, The9 has pretty well ensured that there’s never going to be any kissing-and-making-up over this whole mess.
Still, not everything is completely negative for The9. In the on-again-off-again World of Warcraft presence in the Chinese market altogether, owing to the squabble between The Ministry of Culture and the General Administration of the Press and Publication (GAPP), they’ve seen an increase in players from when they initially lost World of Warcraft. According to reports, the increase — a modest bump from 3.2 to 3.4 million players — is owing largely to a new update to Soul of the Ultimate Nation, as well as their other games Sword of the New World, FIFA Online, and Atlantica Online. Now, so long as more of their shareholders don’t wind up suing them for making misleading statements about their connection with Blizzard, things might just start looking up for this former major player in the Chinese MMO market.
Filed under: World of Warcraft, MMO industry, News items, Legal
The9 sees enormous drop in profits after split with Blizzard originally appeared on Massively on Sun, 29 Nov 2009 12:00:00 EST. Please see our terms for use of feeds.
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Posted on November 29th, 2009 at 12:00pm by Krystalle Voecks
Filed Under: WoW, activision-blizzard, blizzard, china, ea, lawsuit, legal-problems, profits, the9, world-of-warcraft, year-on-year, year-over-year, yoy
Capcom has posted its financial results for the six months ending September 30, 2009, and things are definitely looking good for the company. The publisher reported net sales of ¥38.892 billion ($426 million), up from ¥31.236 billion ($342 million) during the same period last year, which amounts to a 24.5-percent increase. The majority of those sales were generated by Capcom’s home video games division, which pulled in ¥27.748 billion ($303 million) — up from ¥16.486 ($180 million); a staggering 68.3-percent increase.
Capcom credits strong sales of Monster Hunter Tri in Japan, as well as continued sales of Resident Evil 5, Monster Hunter Freedom Unite and Ace Attorney: Investigations to its recent financial success. However, the company stated that overseas sales remained “soft” for the period thanks to the delay of Dark Void and the weak performance of Bionic Commando and Monster Hunter Freedom Unite. Joystiq readers will recall that Capcom leveled complaints at the same games in its first quarter report earlier this year. It’s worth noting that overseas sales still amounted to ¥11.739 billion ($128 million), which accounted for 57-percent of the home video games division sales.
We suppose Capcom might consider that “soft,” but the suits can’t be too broken up about it.
Source — Capcom | Favorable Financial Results for the 6 months ended September 30, 2009
Source — Capcom | Consolidated Financial Results for the 2nd Quarter of the FY2009
Capcom posts strong Q2 2009 earnings, despite ’soft’ overseas sales originally appeared on Joystiq on Thu, 29 Oct 2009 14:01:00 EST. Please see our terms for use of feeds.
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Posted on October 29th, 2009 at 3:01pm by Richard Mitchell
Filed Under: Resident Evil, bionic-commando, capcom, earnings, financial, financial-results, monster-hunter, monster-hunter-3, monster-hunter-tri, profits, resident-evil-5, sales, software
Nintendo’s profits took a 52 percent dive in the first-half of 2009 compared to the same period last year, which sounds horrible — until the realization hits that the company still brought in $766 million in pure profit. Yes, Nintendo is still doing all right, even as it cut its profit forecast for the fiscal year ending March 2010 from $3.3 billion to merely $2.53 billion. Tragic, we know.
The Wii has now sold 56.14 million units globally, while the DS has reached 113.48 million in unit sales. There’s been a general slowdown of software sales, however, as the House of Mario has had fewer high-profile releases so far this year — we count only: Wii Sports Resort. Although investors may see the profit decline as a bad thing, it’s not like Nintendo’s plump plumber is going to be forced to cut back on those hearty meals any time soon.
Source — Nintendo financial report [PDF]
Source — Nintendo profits slide (MCV)
Nintendo half-year results show profits down in ‘09; still making boffo bucks originally appeared on Joystiq on Thu, 29 Oct 2009 13:40:00 EST. Please see our terms for use of feeds.
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Posted on October 29th, 2009 at 2:40pm by Alexander Sliwinski
Filed Under: 2009, Nintendo, earnings, financial, financial-results, hardware, profits, sales, software
