EA posts $16m loss

[Chris]

Electronic Arts Inc., the world's biggest video-game maker, on Wednesday posted a fourth-quarter loss after it acquired Jamdat Mobile Inc., and said sales this quarter will miss analysts' average estimate.

The loss of $16 million, or 5 cents a share, compares with net income of $8 million, or 2 cents, a year ago. Sales rose 16 percent to $641 million, the Redwood City, Calif.-based company said.

http://www.orlandosentinel.com/business/orl-electron0406may04,0,7274521.story?coll=orl-business-headlines

I'm sure this will be music to your ears for most of you :D

[rainy]

At least they're not blaming the bad bad softeare pirates for it - only 'higher development cost because of the introduction of next-gen consoles'...

There was a rather interesting discussion on a German forum, with many people agreeing that it's EA's own fault...

[Ruslan74]

well i hope they learn and start releasing fresh games and NOT sequential re-hashes which should be for free.

[FeralBanana]

w00t, w00t, w00t.

w00t, w00t, w00t w00t.

w00t w00t w00t w00tw00t w00tw00tw00tw00t

:woot: :woot: :woot: :woot:


note: singalong to 'three blind mice' theme tune...