Social games company Zynga said Tuesday that it expects revenues to fall by between 17 and 21 per cent for the first quarter of 2013, despite posting a 12 per cent increase in revenues to US$1.28bn last year.
Total revenues were up 12 per cent to $1.28bn, with bookings (the money made from virtual goods sales) falling marginally by 1 per cent to $1.15bn. Online game revenue grew by 7 per cent to $1.14bn, while advertising [...]
