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To: Blasher who wrote (167508)3/19/2014 2:22:55 PM
From: Moonray  Respond to of 213182
 
OT: 'Minecraft' Maker's Profit Soars
WSJ - Updated March 18, 2014 3:30 p.m. ET

Mojang's Results Underscore Resilience of Cult Classic After Five Years

STOCKHOLM—Swedish computer games maker Mojang AB said net income more than doubled last year,
banking on the popularity of cult classic "Minecraft" and eschewing the so-called freemium model adopted
by many of its bigger competitors.

Mojang raked in 816 million Swedish kronor ($128 million) last year, up from 325 million kronor in 2012.

Revenue soared 38% to 2.07 billion kronor, according to figures made available to The Wall Street Journal.
Mojang is a privately held company and will soon publish its full financial statements with Swedish
regulators.

"Minecraft" was among the top-10 grossing games offered by the mobile apps stores of Apple Inc., AAPL
+0.57% Google Inc. GOOG -0.54% and Amazon.com Inc. AMZN -0.85% But it was the only one in the group
that charged for downloading, according to Distimo, an Amsterdam-based apps analytics firm.

"Mojang proves that it is possible to be continuously successful with a paid game app," Distimo analysts

wrote in a recent report.

More at: 'Minecraft' Maker's Profit Soars

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