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It's hard to make money on mobile games, even if you're the King!

Added almost 3 years ago | As appeared first on beyonddevic.es | Author: Jan Dawson
King Digital, maker of Candy Crush, reported its earnings for Q2 2014 on Tuesday, and they weren't pretty. The market acted as if its results had suddenly soured from one quarter to another, but the reality is that most of the underlying trends have been worsening for about a year now, since well before its March IPO. See the charts below. As a primer, two things to know about King and its financials. One is that Candy Crush, easily its most popular game, dominates its results. The other is t...
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