Ubisoft's incredibly good but low selling Rayman Origins has broken into profit which is a good thing for the industry

Microsoft has released it's quarterly financial details and the gaming division has helped it reap record numbers

How much does it cost Nintendo to manufacture that 3DS it is selling for R2699?

Don Mattrick, head of Microsoft’s interactive division, has told the New York times that every Kinect unit sold will make a profit for the company. Unlike the Xbox 360 or PS3 which were both originally sold at a loss to generate sales the Kinect is going to follow the WIi’s example and sell at a profit instantly. Last Updated: October …

Shuhei Yoshida, President of Sony Worldwide Studios, has told IGN that Sony are no longer bleeding money on the PS3 and have finally reached a point where they are able to cover the cost of a PS3. However he was quick to re-iterate that this doesn’t mean we can expect a PS3 price cut anytime soon with Sony’s current plan …

Take-Two has released it’s quarterly financial results and there are some surprising statistics inside. First off Take-Two generated $1.5 billion in revenue in the last financial quarter which resulted in a net revenue of $97.1 million and that is where I got lost. I know the difference between revenue and profit but I get lost when looking at revenue and …

It has long been said that Nintendo were making a profit on each console sold but until now we didn’t really have an amount to go with that sentiment. I personally thought that Nintendo were getting about $50 per console but that wasn’t taking into consideration operating and distribution costs, now David Gibson of Macquarie Securities has put all the …