Feeds

Game upbeat amid downbeat interims

Lack of new titles

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

A lack of major new titles and no hardware launches has hit the performance of UK computer games retailer Game.

Turnover for the six months ended July 31 slipped to £213m from £231m last year while pre-tax loss mushroomed from £800,000 to £5.9m.

However, today's interims came as no surprise since the company had already warned shareholders that "the first half of the year would be challenging due to the lack of major new titles and no hardware launches". Despite this, Game remains upbeat since trading leading up to Christmas accounts for a massive slice of the company's income.

Said chairman Peter Lewis: "As we prepare for the crucial Christmas trading period, we believe we have our best ever offering. The group has shown its ability to trade well in an increasingly competitive arena and there is a very strong software release schedule in the second half.

"We continue to expect a satisfactory trading outcome for the year as a whole."

Gam has accelerated its store-opening programme in the UK and Ireland and expects some 400 outlets to be trading in time for Christmas. ®

Related stories

Australia bans Manhunt
Nintendo aims high with low-cost console
Blair reveals some games 'unsuitable' for kids
Lara Croft more popular than Jordan

Intelligent flash storage arrays

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Business security measures using SSL
Examines the major types of threats to information security that businesses face today and the techniques for mitigating those threats.