Angry Birds generated $106 million for Rovio in 2011

Rovio on Monday announced the company’s financial results for 2011. The mobile game developer generated $106.3 million in sales based on the success of its Angry Birds games and strong merchandising business. “The strong growth in revenue clearly demonstrates the popularity of the Angry Birds brand.” Mikael Hed, Rovio CEO said. “The heavy investments made in 2011 to all business areas will be seen in future products. To ensure continuous success we need to be creative and stay focused on entertaining our millions of fans by continuously developing new and innovative products and services.” Rovio’s three Angry Birds offerings in 2011 — Angry Birds, Angry Birds Seasons and Angry Birds Rio — we... »read more

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