Gameloft Forecasts Growth on Apple iPhone

Martin, Scott
August 2008
Red Herring;8/28/2008, p4
Trade Publication
The article reports that mobile games publisher Gameloft has posted a first-half earnings loss and a rosy 2008 outlook that cites distribution across Apple's Apps store as future earnings engine. The Paris-based firm reports a net loss of $1.2 million on sales of $74 million for its first half of 2008, compared with net income $50,000 on sales of $66 million a year ago. The company expected that the growth from distribution across iPhones, other high-end phones, and gaming consoles will boost its second-half 2008 results.


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