Monday 2 June 2014

Candy Crush Saga generated more revenue in Q1 2014 than all of Nintendo's games combined

"Analysis of Newzoo’s latest ranking of public companies by game revenue reveals healthy industry growth, positive impact of next-gen consoles and continued rise of mobile game companies. The top 25 companies generated $12.9 billion in the first quarter of 2014 compared to $11.6 billion a year ago, an upwards jump of +11%. Microsoft and Sony both showed steady year-on-year growth in game revenues, following successful launches of their next-gen offerings, and continued revenues from current-gen games.
King’s $641million turnover puts it just behind Apple at number 7, based on its first quarter as a public company and debut in the Newzoo ranking. To put this performance into perspective: King generated 56% more game revenues than Nintendo, ranked at number 10, in the first quarter of 2014. Its flagship title, Candy Crush Saga, generates around two-thirds of King’s revenues which alone is more than all Nintendo game earnings in the first quarter put together. Of course, Nintendo’s strong fourth quarter is still to come but chances are in favor of King to end up above Nintendo for the full 2014 calendar year."

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