Gree announced today that it revised up its annual sales outlook from its original forecast 90-100 billion yen(US$1.15-1.28 billion) to 130-140 billion yen(US$1.67-1.80 billion). Net income is expected to increase 11 billion yen (US$141 million) as well. This upward revision is due to higher rate of social game monetization, the release said. Reason for revision… Continue reading Social Gaming Network Gree Issues Upward Revision, 40 Billion Yen Plus