Gameloft Profits Drop 60%, Hits 800m Games Sold for Smartphones - NewsWilliam D'Angelo, posted on 11 September 2013 / 5,694 Views
Gameloft has released their financial results for the first half of 2013 which ending on June 30, 2013. Revenue grew 15 percent year-over-year to €109.4 million. Despite the increase in revenue profits dropped 60 percent to €1.8 million.
Gameloft smartphone and tablet sales in the first half have grown by 45 percent year-over-year. This accounts for 61 percent of the total sales, which is up from 48 percent a year ago. Games from 2011 and 2012, such as Ice Age Village, Modern Combat 4: Zero Hour, and MY LITTLE PONY, have helped the company's sales for the first half.
Gameloft has managed to sell 800 million free-to-play and paid games for the iOS and Android and in the last 30 days 150 million people have played their games.