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Troubled Bandai Namco Pressures 15% of Japanese Staff To Resign, Cancels at Least 3 Major Games

Despite the recent successful launch of Dragon Ball Sparking! Zero, which sold 3 million units in 24 hours, it looks as though Bandai Namco is pressuring 200 of its 1,300 employees in Japan to voluntarily resign in what is being called a short-sighted move to boost profits. According to a recent Bloomberg report, the Japanese game developer is skirting strict labor laws in Japan by removing all work responsibilities from 200 of its employees. Allegedly, nearly 100 of those staff being pressured into resignation have already left the company. Along with the layoffs, Bandai Namco has apparently cancelled three new games that were in development, namely, new Dragon Ball, One Piece, and Naruto games.

This shift at Bandai Namco comes in spite of a booming Japanese game industry, which will reportedly grow by 6.66% annually until 2029. Game Developer attributes Bandai Namco's coerced "voluntary" layoffs to the losses generated by the consistently underwhelming performance of the company's online division, which supposedly generated a net loss of an equivalent to $51.35 million in the last fiscal year. If our recent reporting is any indication, there seems to be a shift in the overall gaming market, in which younger audiences predominantly seem to prefer multiplayer (specifically PvP) games. Second to PvP is single-player gaming, which was consistently the preferred game type for more than 30% of gamers, regardless of age groups. This latter niche is seemingly where Bandai Namco's strengths and audience seem to lie, along with many of its other Japanese game studio competitors, like From Software, Nintendo, and Capcom.

Microsoft posts record profits

After year s of pouring money into Windows Vista and Office 2007, the work has finally paid off with Microsoft reporting record profits for the quarter ending 31st March 2007. Microsoft's closest rival, Apple Inc, yesterday reported that it managed a turnover of $5.26 billion and profits of $770 million from software and hardware sales, but Microsoft has maintained its dominance with revenue of $14.40 billion and a net income of $6.59 billion. Much of this has been thanks to strong sales of the company's newly released OS, with Kevin Turner (Microsoft's chief operating officer) commenting "This quarter marked the consumer launches of Windows Vista and the 2007 Microsoft Office system, and we are delighted with the positive customer response these products have received. We continue to deliver on our compelling product cycle and build upon strong field sales and marketing execution in order to drive revenue and profit growth for the company." Read on for the full press release.

Apple Profits up 88%

Apple Inc has seen its profits surge an impressive 88% for the second quarter of the fiscal year compared to earnings this time last year. In the second quarter of last year (the second quarter of the fiscal year ends on 31st March) Apple managed a turnover of $4.36 billion giving it a profit of $410 million. However, this year it managed a revenue of $5.26 billion and profits of $770 million, which equates to $0.87 per diluted share. During the quarter Apple shipped 1,517,000 Macs and 10,549,000 iPods - a growth of 36% and 24% respectively compared to a year ago. Read on for Apple's press release.
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