|Send News. Want a reply? Read this. More in the FAQ. News Forum - All Forums - Mobile - PDA - RSS Headlines Twitter|
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."
Copyright © 1996-2016 Stephen Heaslip. All rights reserved.
All trademarks are properties of their respective owners.
News CGI copyright © 1999-2016 James "furn" Furness &
All rights reserved.
Chatbear v1.4.0/blue++: Page generated 29 July 2016, 08:16.