Topic: financial results
-
NetEase Revenue Hits $16.1 Billion in 2025, Up 6.9%
NetEase reported a 6.9% increase in total annual revenue to RMB 112.6 billion, driven primarily by a 10.1% growth in its core gaming segment. The company highlighted the strong performance of key titles like *Fantasy Westward Journey Online* and *Marvel Rivals*, and noted record revenue from mana...
Read More » -
Microsoft Q2: Cloud Soars as Gaming Revenue Dips
Microsoft reported strong overall financial growth with Q2 FY2026 revenue of $81.3 billion and net income of $30.9 billion, driven primarily by a 26% surge in cloud revenue exceeding $50 billion. The company's gaming division faced significant declines, with Xbox hardware revenue dropping 32% and...
Read More » -
Unity Q3 2025 Revenue Climbs as Unity 6 Nears 10M Downloads
Unity reported a 5% year-over-year revenue increase to $471 million, driven by growth in both its Create and Grow Solutions segments, despite a net loss of $127 million. The company highlighted strong subscription revenue in Create Solutions and the Unity Ad Network in Grow Solutions, with CEO Ma...
Read More » -
Xbox Hardware Sales Drop 29% as Third-Party Games Thrive
Microsoft's gaming division saw a 2% revenue decline, driven by a sharp 29% drop in Xbox hardware sales, despite overall company revenue growth of 18% to $77.7 billion. Xbox content and services revenue grew 1%, supported by Xbox Game Pass subscriptions and strong third-party game performance, wh...
Read More » -
Jaguar Land Rover's $220M Cyberattack Loss
A September 2025 cyberattack by Scattered Lapsus$ Hunters caused Jaguar Land Rover a £196 million loss, forcing production shutdowns and operational chaos. The UK Government intervened with a £1.5 billion loan guarantee to stabilize the supply chain, enabling production to largely resume by Octob...
Read More » -
Nintendo Stock Plummets 10% on Memory Chip Shortage Fears
Nintendo's stock fell sharply due to investor concerns over rising memory chip costs and doubts about the long-term sales trajectory of its new Switch 2 console, overshadowing strong annual profits. A global DRAM shortage, driven by AI and data center demand, threatens future profitability and co...
Read More » -
Nintendo Aims to Stabilize Memory Supply, Avoid Price Hikes
Nintendo is managing rising memory component costs without immediate plans for consumer price hikes, though prolonged pressures could eventually impact profitability. The Nintendo Switch 2 has seen stronger adoption in Japan, attributed to successful holiday bundles, providing insights into regio...
Read More » -
Groww IPO Raises $750M Amid India's Investing Boom
Groww launched India's largest fintech IPO this year, raising ₹66.3 billion and achieving a 29% surge in share price, boosting its market valuation to around ₹795 billion. Founded in 2016, the platform targets novice investors and competes with established firms, supported by a user base of over ...
Read More » -
Lucid Gravity Sales Soar as Tax Credit Ends
Lucid Motors delivered a record 4,078 vehicles in Q3, marking its seventh consecutive quarter of growth, partly driven by the expiring federal EV tax credit and the introduction of Gravity SUVs. The company is expanding its market presence through marketing efforts, including signing Timothée Cha...
Read More » -
Nintendo Patent Under Rare US Reexamination Order
The U.S. Patent Office has ordered a rare reexamination of a Nintendo patent for a battle mechanic involving summoning secondary characters, indicating serious concerns about its validity. This reexamination was prompted by potential prior art from earlier patents, including one by Konami in 2002...
Read More » -
Nintendo Switch Nears the End of Its Lifecycle
Nintendo is shifting most development resources to the Switch 2, indicating a gradual move away from the original Switch model while continuing some support. The original Switch will remain on sale with production adjusted to demand, and new game releases are still planned to sustain its large us...
Read More »