One month after announcing they had sold over 100 million mobile games worldwide, Gameloft has announced record sales of 24.4 million euro for the third quarter.
During the first nine months of 2007, the company had sales of 70.2 million euro, up 51% from the same period last year. In addition, Gameloft has reiterated its annual sales target of 95 to 100 million euro.
Europe accounted for 44% of sales during the first nine months of 2007, North America 35% and the rest of the world 21%. Over this period, the strongest growth took place in the rest of the world, up 82%.
Gameloft said that it intends to release approximately 25 titles between the end of September and December 2007, including Heroes, CSI: Miami (pictured), Assassin's Creed, Prince of Persia Classics and Beowulf.
This is great news because there has been a lot of talk about limited growth in mobile gaming over the last year. Perhaps it's possible that Gameloft is simply taking market share from other mobile game publishers but I highly doubt this accounts for all of the 51% growth in the period.
Glu, another big mobile game publisher, is scheduled to announce their most recent quarter results on Thursday, so we'll report on that later this week.
