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APR 28, 2014 - Business Insider

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Why The Maker Of Angry Birds Isn't Making A Fortune Like The Rest Of Its Competitors

Rovio, the maker of Angry Birds, saw its profits dip more than 50% to $37 million in 2013, compared to $77 million the previous year.  Its revenue for 2013 was $216.33 million (€156 million), which was up just 2.5% from 2012 when revenue was $211 million (€152.2 million.) This is a big deceleration in growth. In 2012, revenue was up 101% year-over-year, and profits were up 57%.  The massive drop in growth reflects changing world of mobile gaming.  Rovio was one of the first break-out iPhone games, making money by charging millions of users $1 per download.  But, ... Read More

Tags: Why The Maker Of Angry Birds Isn't Making A Fortune Like The Rest Of Its Competitors,  Zynga Latest News