Iron Throne: Kingdom — Another Failed Game Release By Netmarble

Summary: Netmarble’s newly released game Iron Throne: Kingdom is a failure based on App Annie data. While the stock did fall to a low of 123,000 KRW in August 2017, it has since recovered since April 2018 due to a timely 25%  investment in a Korean music label that is home to the K-Pop sensation …

Zynga: A Sleeping Dog in 4Q14

We forecast that Zynga’s 4Q14 bookings will be at the low end of guidance of around $183 million, based on App Annie revenue ranking trends. QoQ revenue growth in casino games has been wiped out by QoQ declines from its tentpole game FarmVille 2: Country Escape. While new releases Looney Tunes Dash! and New Words …

Kabam’s IPO Plans Are Kaput

Summary Kabam is a mobile game startup with IPO aspirations and a reportedly $1 billion-plus valuation. In early December, the CEO delayed IPO plans, blaming generally unfavorable conditions for a mobile game company IPO. We show that the real reason for the delay was the disastrous performance of two of three new releases based on …

Relating App Store Revenue Rank to Revenue

From two of my recent Quora posts: Question: How much money does the average mobile game make? There are tons of games on the App Store and Google Play. Everyone seems to know about the hit games. How much revenue does the run-of-the-mill game generate? Is the revenue curve steady and flat? Do some genres …

Machine Zone: IPO or What?

Machine Zone [MZ] is a Palo Alto-based, mobile gaming start-up with a massively popular Top 3 app store hit called “Game of War: Fire Age.” [GoW] MZ describes Game of War: Fire Age as “.. a real-time mobile massively-multiplayer online game and parallel chat-speak translation application that translates over 40 languages for its players in …