Gameloft financials boast of 'massive success' on smartphone and tablet sales

Gameloft reported record third quarter sales of €55.4 million ($70.8 million) today, an increase of 37 percent year-over-year, crediting "massive success of Gameloft games on smartphones and tablets." Q3 revenue from smartphone and tablet devices represented 56 percent of the company's total sales.

The publisher attributes its strong growth on mobile platforms to the success of "freemium and paymium" models, which Gameloft instituted in March 2011. According to a news release from Gameloft, 60 percent of the company's smartphone revenue comes from in-app purchases and advertising.

During the quarter, Gameloft released a handful of new titles for iOS and Android, including Cosmic Colony, The Dark Knight Rises and Monster Life.

Gameloft now expects its yearly revenue to exceed €205 million ($262 million) — an increase of 25 percent year-over-year — with the release of upcoming titles Modern Combat 4: Zero Hour, My Little Pony and Heroes of Order & Chaos.

More from Polygon

Hearthstone: Naxxramas Overview

  • Oddworld: New 'N' Tasty - Overview video

  • Destiny's beta comparison video: PS4 versus Xbox One

  • The Crew closed beta - Overview video

  • Polygon goes to Poland

Latest Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.
Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_5353_tracker