Archive (Page 4412)

Electronic Arts' report on market outlook following its first quarter results last week has indicated that while further price cuts to the Xbox and PS2 are unlikely in North America this year, new prices may be forthcoming in Europe.

There was some respite for Japanese game retailers from the summer slump last week, as Konami's Jikkyo Power Pro Baseball 11 stormed into the charts, with the PS2 version at number one while the Cube version made number three.

Videogame publisher and developer LucasArts has announced the appointment of a new marketing chief, with marketing industry veteran John Geoghegan set to take on a vice president role at the company.

Leading independent publisher Electronic Arts has recorded exceptionally strong results in its first financial quarter, with net revenues rising 22 per cent and net income up 32 per cent as three new titles sold over a million units.

Software giant Microsoft has announced strong results for the fourth quarter and full year ended June 30th, but the growth of the company's Xbox business continues to lag behind other divisions despite increasing console shipments.

Scotland's largest independent games developer, Visual Science, has announced record results in its 2003 financial year - with turnover up to UKP 2.8 million and a pre-tax profit of UKP 100,000.

Publisher Activision has reported record revenues for the first quarter of its fiscal year, thanks mostly to the strong performance of Shrek 2 and Spider-Man 2, putting the company on target to exceed $1bn in revenue this year.

Japanese console giant Nintendo will not be exhibiting at the Tokyo Game Show this September, and its former annual SpaceWorld show will remain on hiatus for another year, a company spokesperson has confirmed.

The largest custodial sentence ever to be imposed by a UK court for games piracy was handed down by Cardiff Crown Court yesterday, with a man being sentenced to three and a half years imprisonment for a counterfeiting offence.

Leading publisher Electronic Arts hopes to expand its business in the Far East massively in the coming five years, according to company CEO Larry Probst, who says that the firm wants to realise $1bn in revenue from the territory in 2010.