TenCent (largest company in Asia; largest gaming company) + China (largest gaming market) + mobile (Tencent's
smartphone game revenue grew by 84 percent FYoFY) + PUBG (at current trends, 150 % of the people on the planet will soon be playing it) = Big Money
Smartphone game revenue increased 68 %.
Not exact matches
Tencent, which declines to provide a
revenue breakdown of its
games, made 12.9 billion yuan from
smartphone games in the first quarter, according to its financial report.
From the ability to purchase lottery tickets to apps that actually allowed the user to
game on their
smartphone the potential
revenues stretched into the billions per year.
Mind you, the fashionista's cha - chinged a tidy $ 160 million in
revenue off of her eponymous
smartphone game, Kim Kardashian: Hollywood, which has been downloaded 45 million times since its 2014 debut, also per Forbes.
IHS is also optimistic about the PS4's overall profitability saying that «lower research and development costs for PlayStation 4 hardware, additional
revenue streams from online service subscriptions and a more aggressive transition to higher margin digital content sales are combining to strengthen Sony's
games business outlook even in the face of increased competition from cheap Android consoles and alternative devices eating into consumers» gaming time, including
smartphones and tablets.»
- Hideki Yasuda, an analyst at Ace Research Institute - Mr. Kimishima said he would remain at Nintendo as an adviser and assist the new CEO along with Shigeru Miyamoto - Mr. Kimishima said it was getting difficult for him to fly around due to his age - better - than - expected sales momentum of the Switch console made him decide it was time to pass the baton - Mr. Furukawa said he hoped to bring the Switch to a wider audience and pointed to Nintendo Labo - also said he wants to turn
smartphone games into a
revenue pillar for the company - Kimishima said stay tuned for many unannounced titles for the Switch
Nintendo Co. fell in Tokyo trading after SMBC Nikko Securities Inc. cut its recommendation and said it now expects the company's entry into
smartphone games won't make full contributions to
revenue until the year ending March 2018.
Furthermore,
smartphone and tablet
games combined will generate 59 per cent of
revenues in the entire market.
The increase in gaming
revenue was primarily driven by
smartphone games such as -LSB-...]
Secondly, the popularity of large screen
smartphones which cater to high - end mobile
games have dented spending on tablet
games, making tablet
revenue growth lower than originally anticipated.
According to video
game research firm Newzoo, the migration from computers and consoles to tablets and
smartphones sent worldwide mobile
game revenues surging more than 40 percent in 2014 versus the year prior, hitting $ 25 billion.
Related Rankings: Top 50 Countries by
Smartphone Users & Penetration Top 25 Public Companies by
Game Revenue
That would make the
game the biggest
revenue generator among
smartphone games globally, according to data from App Annie, a market research firm that tracks app performance.
Smartphone games have already surpassed both PC and console
revenues placing Zynga in an ideal position to finally benefit from market growth.
By then,
smartphone and tablet
games combined will generate 59 % of
revenues in the entire market.
Secondly, the popularity of large screen
smartphones which cater to high - end mobile
games have dented spending on tablet
games, making tablet
revenue growth lower than originally anticipated.
According to the report, combined consumer spending on
games based on
smartphone platforms outshone
revenue garnered by handheld console titles in fourth quarter of 2012.