GREE's net income hits a record high of $167.6M on $578M in sales during Q3

GREE has once again posted a record quarter, reporting a 186 percent increase in net income year-on-year to 13.4 billion yen ($167.6 million) in its third quarter. Net sales reached a record high of 46.2 billion yen ($578.1 million), up 182 percent year-on-year and 11 percent quarter-on-quarter.

By comparison Electronic Arts reported mobile revenues of $87 million in the same three month period. The company’s forecasts for the full fiscal year were unchanged — overall GREE predicts net sales of 160 to 170 billion yen ($2.1

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