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E. strips all year loss to $ 677 million

05/12/2010 E. strips all year loss to $ 677 million

Profit from nearly a billion dollars, January-March quarter to help the publisher persistent deficit; FIFA 10, Madden 10, NFS: Shift the upper 4M units; Bad Company 2 hits 5M; Mass Effect 2 sells 1.6M.

Less than a week after his main rival, Activision Blizzard reported January-March quarterly income of $ 381 million on revenues of $ 1,300,000,000, Electronic Arts issued its annual and fourth quarter earnings. Suffice it to say, the results weren 't nearly as beautiful.

Battlefield: Bad Company 2 raised an army of 5 million.

For the fiscal year, EA regarding net income totaled $ 3.654 billion, and with $ 4.212 billion it reported the year before. Obtuseness this decline, EA noted that the end of the year with $ 766 million in deferred income, or money related to certain online services, it does not recognize over the life of the individual games '. He reported $ 1.09 billion in last year's deficit , EA said today that losses for the just ended fiscal period totaled $ 677 million.

Taking into account the number of EA top-of-year composition, but it is not surprising that the publisher had a strong fiscal fourth quarter. In the January-March earnings reached $ 979 million, up 14 percent compared with $ 860 million posted during the same period in 2009. EA touched the $ 30 million profit for the quarter, lifting the loss of the last year "in $ 42 million

EA Dice 's Battlefield: Bad Company 2 has a publisher' s proposals for the quarter. To date, the highest-rated modern shooter has sold nearly 5 million units on Xbox 360, PlayStation 3 and PC. Other top performers during the quarter included BioWare 's appreciation 2 and Mass Effect visceral 's less than stellar Dante 'Inferno. During the year, FIFA 10, Madden NFL 10, The Sims 3, Battlefield: Bad Company 2, Need For Speed: Shift all sold more than 4 million units.

Although its release has come for the fiscal year, EA and blew quick launch 2010 FIFA World Cup: South Africa. Football simulator - who scored high marks on the Xbox 360, PS3, PSP, Wii, and last month - has already sold nearly 2 million units to date.

As in the past quarter

During a call with analysts, EA Director-General, John Riccitiello, Chief Operating Officer John Schappert, and Chief Financial Officer Eric Braun discussed the main points of previous and subsequent years. These include:

- The Executive Group noted that Mass Effect 2 has sold through more than 1.6 million units through both retail and digital media in Europe and North America. In January, the publisher said BioWare 's famous science-fiction role-playing games were shipped two million units worldwide .

- Dante 's Inferno is now sold nearly 1 million units, while the two armies: the 40th day, has sold more than 1 million units.

- Several mysterious Schappert said that EA will be "is the marquee title in thrilling 3D" in this year 's Electronic Entertainment Expo.

Read and write comments | Get the full article at GameSpot

\\ "EA strips all year loss of up to $ 677 million \\ "Was posted on Tom Magrino on Tues, 11 May 2010 14:05:53 -0700


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