Gameloft up in down economy thanks to Apple iPhone

Gameloft, a mobile game developer, says business is up in this down economy thanks largely to the iPhone.

Developer Gameloft grew its mobile game sales by 18 percent in the last quarter of 2008, according to the company’s latest financial report. Now 93 percent of the company’s annual sales come from mobile games, while console games accounted for the remaining 7 percent

The report includes this commentary on the mobile games industry:

“Innovations made by conventional telephone manufacturers such as Nokia or Samsung, as well as the emergence of dynamic newcomers such as Apple and Google, are boosting the mobile games industry.”

Gameloft’s iPhone games include: Hero of Sparta, Brothers in Arms, UNO, Asphalt 4: Elite Racing, Guitar Rock Tour, Block Breaker Deluxe, Platinuym Solitaire, CSI Miami and Bubble Bash.

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