Rovio Announces Angry Birds Made Them Lots Of Money, No One Is Surprised

| May 8, 2012

By David Ponce

A video game doing phenomenally well is not exactly anything new. Every new release of Modern Warfare breaks the previous records it set itself. But the continued success of Angry Birds is interesting to us because it signals a robust and growing mobile gaming market, and the latest news from Rovio should quiet anyone thinking that this segment will never rival that of traditional consoles. While nowhere near MW3′s billion dollars in 16 days sprint, the Finnish company announced that in 2011 it “made a huge $106.3 million turnover and a whopping $67.6 million in profit (before tax).” It grew from 28 employees to 224 and that their three games (Angry Birds, Seasons and Rio) were downloaded a total of 648 million times. Keep in mind that this doesn’t include Angry Birds in Space, which reached 50 million downloads in 35 days. So yeah, Rovio’s minting it right now and while they can’t play with the big boys just yet, we think it’s just a matter of time until they do.

VIA [ Engadget ]

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Category: Ohgizmo Gadgets

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