Gameloft has announced that through the first half of 2011, they have hit €76.8 Million (about 110 million USD) in sales, which is up 15 percent from last year. Smartphone and tablet sales are up 55 percent, and account for 30 percent of the total. The second quarter alone saw €37.4 million (about 53 million USD), which is up 11 percent, even with the weak US dollar -- using a constant rate of exchange those sales grew by 16 percent. These second quarter sales break down to 33 percent from Europe, 28 percent from North America, and 39 percent for the rest of the world.
Gameloft expects to launch 20 new smartphone and tablet games during the second half of this year, so their outlook for sustained growth of this nature is good. While they may not have the best distribution model for the Android platform, you have to admit their games are very well done. We're looking forward to what's coming from Gameloft, and I'm sure more than a few of you guys are, too. Hit the break for the full announcement.
First Half Sales of €76.8 Million, Up 15%
Smartphone and Tablet Sales Up 55%
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