Gameloft iPhone sales hit $25m

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February 3rd, 2010, 02:05 Posted By: wraggster

Gameloft has posted its year-end results, with sales up 11 percent to 122 million Euros. Growth was driven by iPhone game sales, up over 230% to 18 million Euros ($25 million).
The French outfit has released dozens of iPhone and iPod Touch games in the last year including branded game heritage titles such as The Settlers and Earthworm Jim, licenses like Avatar and Derek Jeter Real Baseball, and original product such as Castle of Magic and Siberian Strike.
Gameloft departed from the packaged goods sector in 2009 to focus entirely on mobile games. It blamed a comparatively weak fourth quarter on this decision, and the strength of the dollar. In Q4, sales were down six percent to 32 milion Euros. Profits have not been disclosed but are expected to come in at around 8 percent of revenues.

http://www.mcvuk.com/news/37410/Game...ales-hit-25mrn

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