UK specialist retailer, GAME, has announced operating profits of £6.1 million for the financial year ending January 31st 2007, three times last year's figures.
Overall sales were up from £645.1m in 2006 to £801.3, while like-for-like sales rocketed to £16.2m, up significantly from £4.2m last year. Online, profits more than doubled, rising from £0.7m in 2006 to £1.5m this year. 'Like-for-like' figures represent sales from stores that have been open for more than two years.
Speaking about expectations for the forthcoming year, GAME chairman Peter Lewis, a happy man today no doubt, commented:
"We have seen a strong start to the year, in what is traditionally a quiet sales period for GAME, thanks to the PS3 launch and hope to continue to build on our success throughout the year."
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
Gary Green said: We have a juxtaposition of 2D and 3D visuals, flashy turn-based combat, quirky anime characters with cheeky dialogue with plenty of partial nudity; Yes, this is a Compile Heart JRPG. Whilst the engine is borrowed from Hyperdimension Neptunia mk2, Mugen Souls is more of a Disgaea spin-off. It’s not a strategy RPG as such, it merely sits within Disgaea’s ever-expanding universe (Multiverse? Netherverse? Your guess is as good as mine). You won’t find cameos though, since Mugen Souls is a franchise which aims to stand on its own two feet.
Huzaifa from eXputer: "2008 was home to the likes of Call of Duty: World at War, Dead Space, GTA 4, Far Cry 2, Left 4 Dead, and many other hits, which is outright remarkable."
Just about every year in the 7th generation was great and something we most likely won't experience again.
2009 for example had Assassin's Creed 2, Batman: Arkham Asylum, Dragon Age: Origins, Uncharted 2, Halo 3: ODST, Killzone 2, Borderlands, Bayonetta, and Demon's Souls to name a few.
good news, BUT just incase any fanboys start a flamewar i want to say, its because of all the game systems, XBox 360 (being out a whole year must have helped) Nintendo Wii ... although its short of stock all the time :( and finally the last launch system the PlayStation 3! i just hope they do something about the price, as i mite then be persuaded to buy one near the end of the year ;)
oh and congrads GAME, i just wanna know if there was news like this when the PS2 and XBox1 launched all those many years ago.