revenues Archives

AppWizard

July 11, 2026

Assassin’s Creed Black Flag Resynced sells 2 million copies in 1 day and achieves the ‘highest concurrent player count ever recorded for an Assassin’s Creed title’ on Steam

Ubisoft's Assassin's Creed Black Flag Resynced sold over two million copies within 24 hours of its launch, surpassing newer franchise entries like Assassin's Creed Shadows in player engagement on Steam. Ubisoft expressed gratitude for the enthusiastic response from players, highlighting the game's nostalgic appeal since its original release 13 years ago. The emphasis on two million copies sold rather than player count raises questions about the comparative success of Black Flag Resynced and Shadows. Industry analyst Joshua Wolens noted that nostalgia is a powerful motivator in gaming, and Martin Schelling, the brand boss of Assassin's Creed, emphasized the significance of the game's revival and its connection to players.

AppWizard

July 10, 2026

Id Software founder John Carmack mourns layoffs: “Games need to succeed, not just be beloved”

Id Software is laying off 136 positions, more than half of its workforce, as part of broader layoffs affecting Microsoft and Xbox studios. Co-founder John Carmack expressed sadness over the layoffs, which coincide with the launch of new DLC for Doom: The Dark Ages. He noted that his previous optimism regarding Microsoft's management of the brand is diminishing and highlighted the increasing pressures in the gaming industry. Carmack suggested that Id Software may be viewed as a marginal business by Microsoft, with revenues from Minecraft supporting other studios. He discussed the fierce competition for consumer attention and questioned whether different pricing models or broader audience targeting could have helped Doom succeed. The latest DLC for Doom received praise but arrived too late to make a significant impact. Carmack remains hopeful for the studio's future and expressed doubt about reclaiming ownership of the Doom IP, while also supporting Team Beef's commercialization of legacy open-source games on VR.

AppWizard

July 10, 2026

‘To Continue Being Produced Long Term, Games Need to Succeed, Not Just Be Beloved’ — John Carmack Responds to id Software Layoffs

John Carmack, co-founder of id Software, expressed sadness over the recent layoffs at the studio, which saw 96 employees at its Richardson location and 40 remote positions cut, representing a 50% workforce reduction. This restructuring is part of a broader initiative by new Xbox CEO Asha Sharma, which has resulted in 1,600 staff layoffs earlier in the week, with another 1,600 expected throughout the financial year. Carmack suggested that id Software may have been viewed as a "marginal business" within Microsoft's portfolio and noted that its financial contributions to Microsoft appear minimal compared to the tech giant's overall revenue of 1.72 billion. He reflected on the competitive nature of the gaming industry and questioned whether different strategies could have improved id Software's financial performance. Despite the layoffs, he remains hopeful for the studio's future. Fellow co-founder John Romero also expressed support for the affected staff and emphasized the importance of preserving the legacy of iconic franchises like Doom, Quake, and Wolfenstein.

BetaBeacon

June 24, 2026

Mobile Gaming Market 2026: $157B, iOS vs Android Breakdown

The global mobile gaming market closed at 7.60 billion in 2025, showing significant growth from the previous year. In-app purchases reached billion globally across iOS and Android. The trend is clear: mobile gaming is now larger than ever before. Despite Android's dominance in global device market share, the App Store generates significantly more gaming revenue per user. The iOS user base in the United States and Japan skews towards higher disposable income brackets. The settlement of Epic Games' antitrust case against Google has reshaped mobile gaming platforms in 2025–2026, allowing third-party payment systems on the Play Store.

AppWizard

June 22, 2026

Eidos Montreal founder says modern execs are driven more by spreadsheets than passion for games

Stephane D'Astous, founder of Eidos Montreal, discussed the significant changes in the gaming industry over the past 15 years, noting that the major players have shifted, with Tencent becoming a dominant force. He highlighted the unexpected challenges faced by Electronic Arts, which he suggested was once at risk of being acquired. D'Astous expressed concern about the industry's current state, attributing some challenges to the financial influx during the Covid-19 pandemic, which led to questionable project funding. He emphasized the unrealistic expectations placed on executives, citing his own experience of being asked to create a high-quality game within limited resources and time. The current industry atmosphere is characterized by a focus on revenue generation, which he believes hinders risk-taking and passion-driven development.

AppWizard

May 28, 2026

6 months before the launch of Grand Theft Auto 6, Rockstar employees in the UK have formed a union

Rockstar Games terminated 31 employees in October 2025, with the dismissed workers claiming their firings were due to their efforts to unionize, a claim Rockstar denies, stating the terminations were due to the disclosure of unannounced game features. A new union, affiliated with the Independent Workers' Union of Great Britain (IWGB), has formed among Rockstar employees to advocate for the rights of the terminated workers and has initiated legal action against the company. The union is focusing on issues such as pay transparency, flexible working conditions, and an end to "crunch" culture. The IWGB is also raising funds for its legal case and aims to secure justice for the fired workers. Meanwhile, Take-Two Interactive has projected revenues exceeding billion for the 2027 fiscal year, largely due to the upcoming release of Grand Theft Auto 6.

AppWizard

May 28, 2026

Subnautica 2’s botched bonus deal is about to wipe out more than one-third of Krafton’s $736 million annual profit for 2025

Krafton promised a substantial bonus to Unknown Worlds' principals—Ted Gill, Max McGuire, and Charlie Cleveland—following their acquisition in 2021, with a payout structure of .12 for every dollar earned once monthly revenues exceeded .8 million, capped at 0 million. Subnautica 2 sold four million copies in its first week and received a "very positive" rating on Steam. In 2025, Krafton dismissed the executives, alleging they rushed the game's release, but court proceedings revealed Krafton had approved their strategy. Krafton reported an operating profit of 1.1 trillion Korean won (approximately 6 million) for 2025, raising concerns that the bonus could consume over a third of its annual profits.

AppWizard

May 22, 2026

Grand Theft Auto 6 publisher is confident enough in its release date to brag about the ungodly amounts of money it’s about to make

Take-Two Interactive has scheduled the release of Grand Theft Auto 6 for November 19. CEO Strauss Zelnick predicts that fiscal year 2027 will set new records for operating performance due to this launch. Take-Two's revenue for fiscal year 2026 was .72 billion, and it expects revenues between billion and .2 billion for fiscal 2027, indicating a significant year-over-year increase. The company is also preparing for a marketing strategy for GTA 6 as anticipation builds among the gaming community.

Tech Optimizer

May 14, 2026

Gen Digital stock (US3687361044): Cybersecurity firm reports steady growth amid market shifts

Gen Digital Inc. operates in the cybersecurity and software sector, headquartered in the United States. The company focuses on consumer protection against cyber risks through a subscription-based model, primarily offering products under the Norton and Avast brands. In fiscal Q1 2026, Gen Digital reported revenues of million, a 3% increase year-over-year, with subscriptions accounting for 95% of total revenue in fiscal 2025. The company serves over 150 million users globally, with endpoint protection revenue reaching million and identity and privacy services contributing million in fiscal Q1 2026. The average revenue per user (ARPU) rose to .30 during this period. Gen Digital holds approximately 20% of the global consumer antivirus market share and is positioned favorably against competitors like McAfee and Bitdefender. The cybersecurity market is projected to grow at an annual rate of 12% through 2030, with 50% of Gen Digital's revenue generated from North America.

AppWizard

May 13, 2026

Lies of P studio is hiring an ‘AI Creator’ for future projects but says the role will not be ‘directly involved’ in the development of the sequel

The sequel to the game Lies of P is now in "full production," as confirmed by developer Neowiz in their earnings report. Neowiz has hired an AI "artist" to assist with the game's production, intending to leverage generative AI to enhance art production efficiency and innovate visual quality. This decision has sparked disappointment among fans concerned about the potential compromise of the game's artistry. Neowiz reported Q1 2026 revenues of 101.4 billion Korean won. The gaming industry is witnessing growing enthusiasm for AI integration, with notable figures discussing its potential to revolutionize gaming experiences, while some, like Xbox's chief Asha Sharma, express caution against "soulless AI slop."