EA posted a loss to the tune of $97 million for the first fiscal quarter of 2008. Yikes. On a brighter note, it’s better than Q1 2007 where they showed a $132 million loss.
Revenues looked pretty good, however, with $804 million in sales. If you look at last year’s numbers, it’s a huge improvement from the $395 million in 2007’s first quarter.
John Riccitiell, the company’s CEO, had this to say in a statement:
Innovation and quality are rising, our games are more accessible and fun, and we have more new titles than at any time in our history. From Spore on the PC to Dead Space on the PlayStation 3 and Xbox 360 to MySims on the Wii and Nintendo DS to Scrabble on the iPhone and Facebook, this is the best title portfolio in the company’s history.
He’s right, they do have some strong titles. Maybe they’ll have a net profit next year at this time. Who knows.
3 Comments
Write a Comment»97 mil, that’s a lot of money.
Spore is going to sell a lot imo, there’s already a meme for this game; Sporn. Yes pervs have been making flying penises and other rude things with Spore and have uploaded it on YouTube.
I think half of the creatures in spore are peni.
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