Disney Infinity drives Disney Interactive to second consecutive profitable quarter
Disney Infinity has helped Disney Interactive return another successful quarter during the Walt Disney Company's Q1 2014 financial report.
The Interactive division posted revenues of $403 million, up 38% from $291 million during the same quarter of 2012 - when Disney Infinity was still three quarters from release. It's also a jump from the $396 million of Q4 2013, suggesting the sandbox's sales are not dropping off.
This resulted in operating income of $55 million, up significantly year-on-year from $9 million; and a nice jump on the $16 million of the quarter before, which was only the second quarter in five full years Disney Interactive has returned a profit.
"Higher operating income was due to an increase at our console games business driven by the success of Disney Infinity in the current quarter compared to Epic Mickey 2 in the prior-year quarter and growth from our Japan mobile business," Disney said.
Overall, the company posted revenues of $12.3 billion, a 9% year-on-year increase from $11.3 billion, resulting in net income of $1.8 billion, up 33% on $1.3 billion.
Although the financial report made no mention of redundancies, Disney Interactive is rumoured to be cutting a significant number of jobs.
We're expecting the company to announce new Disney Infinity content soon - either Star Wars and Marvel expansions or Disney Infinity 2.