MGS4 solidifies Konami earnings
Kojima blockbuster's 3 million units pushes publisher's quarterly earnings to $654 million; over 57 percent of income now PS3-based.
Ever since Metal Gear Solid 4: Guns of the Patriots went on sale to rapt reviews, it was clear that the game would be a hit. Just how big a hit became clear a fortnight after the game went on sale, when Konami announced that the stealth actioner sold over 3 million units worldwide in just 14 days.
Today, Konami reported its earnings for the April-June quarter, which contained MGS4's June 12 release. For the three-month period, the Tokyo-based publisher took in revenues of ¥70.8 billion ($654 million), up just 17 percent from the year prior. Consolidated operating income rose a solid 65 percent to ¥11.6 billion ($107.2 million), with post-tax net income ringing in at ¥5.7 billion ($52.1 million).
Unsurprisingly, MGS4 has drastically altered the ratio of platforms on which Konami earns its money. For the current quarter, 57.3 percent of the company's income came from the PlayStation 3, up 56 percent from the same period a year prior. Wii income roughly doubled from 5 percent to 9.9 percent, whereas Xbox 360 income increased from 1.6 percent to 2.6 percent. PlayStation 2 income fell dramatically from 35.7 percent to 11.5 percent, Nintendo DS revenue went from 32.8 percent to just 7.6 percent, and PSP revenue went from 20.5 percent to 9.5 percent.
For its 2009 financial year, which ends on March 31, 2009, Konami expects net income of ¥26 billion ($240 million) on revenues of ¥330 billion ($3.1 billion), respective increases of 11 and 41.7 percent.
Subscribe to GameSpot's YouTube Channel
Hot Stories
Newsmakers
-
Mortal Kombat developer to diversify in 2012
NetherRealm creative director Ed Boon says there's an "assumption" another Mortal Kombat game to come, but wants to work on new IPs on multiple formats, genres. Full Story
- Posted Jan 30, 2012 8:17 am PT
- 59 Comments
Featured Stories
-
Star Wars: The Old Republic denounced for gay relationships
Family Research Council says BioWare has "gone to the dark side" with promise to include same-gender romance in MMO game. Full Story
- Posted Jan 30, 2012 10:46 am PT
- 511 Comments
-
No new Xbox in 2012 - Microsoft
Company's French marketing manager says Microsoft not ready to roll out new console this year, won't compete with Nintendo and the Wii U. Full Story
- Posted Jan 30, 2012 9:51 am PT
- 359 Comments
-
Kingdoms of Amalur: Reckoning online pass unlocks seven quests
New copies of 38 Studios' fantasy RPG come bundled with code to download House of Valor faction questline; studio says it was "always intended" to be DLC. Full Story
- Posted Jan 27, 2012 2:53 pm PT
- 345 Comments
-
Sony sweetens PS Vita 3G deal
$300 version of new handheld will now include free 8GB memory stick, PSN game, AT&T 3G data plan access; $350 First Edition preorders to receive just the PSN game and data plan. Full Story
- Posted Jan 27, 2012 2:24 pm PT
- 244 Comments
-
Nintendo considering new name for Wii U - Report
Underwhelming reaction and concerns of customer confusion supposedly have the Mario maker weighing its options for a rebranding before this year's E3. Full Story
- Posted Jan 27, 2012 11:12 am PT
- 512 Comments
Related Game
Metal Gear Solid 4: Guns of the Patriots
Follow for the latest news, videos, & tips from experts & insiders
- Publisher(s): Konami
- Developer(s): Kojima Productions
- Genre: Action
- Release: Jun 12, 2008 (US) »






TheArcade posted Aug 7, 2008 9:32 am GMT (does not meet display criteria. sign in to show)