![]() Quite frankly, I really don't need another sedentary hobby and I know how I am with "simple games." Where Non Birding Bill will get caught up in more complex games like Civilization, I get easily hooked into solitaire, cryptograms and what would life be without Fruit Ninja?īut Angry Birds was sweeping that nation and as a die hard birder how could I not test it out? I waited until I didn't have hard deadlines and started playing it. Many of my non birding friends had been telling me that I needed the game for my iTouch but I resisted. He said expectations may have been too high at the time of Rovio's listing, which valued it at $1 billion euros.Around the holidays, I finally downloaded Angry Birds. "Competition in the mobile game industry is very tough and user acquisition has become more expensive for the companies," said Atte Riikola, analyst at Inderes Equity Research. In November, the stock dropped by about 20 percent after Rovio's first interim report as a listed company. Shares in were down 39 percent to 6.07 euros by 0850 GMT. But the company plunged to an operating loss and cut a third of its staff in 2015 due to tough competition and a shift to games available for free. ![]() Rovio saw rapid growth after the 2009 launch of the original "Angry Birds" game, in which players used slingshots to attack pigs who stole birds' eggs. This was below analysts' forecasts of a margin of 14.5 percent and sales of 336 million euros, according to Thomson Reuters data. Rovio forecast its 2018 operating margin at 9-11 percent versus 10.6 percent in 2017 and said it expected sales of 260-300 million euros versus 297 million last year. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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