Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Sega Sammy's Quarterly Losses

Sega Sammy's quarterly financials show losses the Japanese entertainment conglomerate blames on "generally weak" video game demand in the U.S. and Europe, reports Gamasutra. Word is: "Net revenues in the consumer business segment of the company (which includes home video games as well as toy sales) were down 22.3 percent year-over-year for the quarter, to 16.2 billion yen ($207.2 million), contributing to an operating loss of 3.9 billion yen ($49.9 million) for the segment, a loss increase of over 500 percent from last year." Looking forward, the company states it needs to adapt to conditions where "demand for new content geared to social networking service and smartphone is expanding."

Email Digg Facebook Twitter   Share More    


 

  
   Current Headlines
Ships Ahoy - The Last Federation
Evolve Teaser
Saturday Consolidation
Saturday Mobilization
Saturday Metaverse
Saturday Tech Bits
Saturday Safety Dance
Saturday Legal Briefs
Game Reviews
Hardware Reviews
etc.
Out of the Blue
Free Battlefield 1942 Redux
Dupe Bug Causes ESO Bank Closures
Wasteland 2 in "Final Stages"; Linux Early Access Released
Sea of Stars Early Access Begins
Raven's Cry: 25 Hours
On Sale
Evening Kickstarter Roundup
Evening Patches
  

 



footer

.. .. ..

Blue's News logo