90
5
9
5
79
As we reported this morning, things are looking a little precarious peering into EA’s giant Scrooge McDuck-esque money vault, with the publishing juggernaut losing $322 million last calendar year. There is a silver lining in their financial downturn, however, but only if your name is Sony.
EA software on the PS3 was up 19% last year, while sales on Microsoft’s platform fell 18%. The result has Sony and Microsoft now roughly level-pegging ($282m and $285m, respectively) in terms of EA sales spread.
EA have been strong proponents of the PS3 of late, with the publisher choosing to showcase new titles at last year’s E3 on Sony’s platform rather than its closest rival’s. With their latest figures suggesting the two platforms are now on par sales-wise, expect that relationship to continue.
02/02/2011 at 09:43
Member since: Jan 2009
Blimey. Dead Space 2 should help those finances, all anyone has been talking about. Plus The Old Republic is launching this year, will be interesting to see the revenue it generates.
02/02/2011 at 10:14
Member since: Sep 2009
Mass Effect 2 should also improve Sony’s figure for this year as that will already be included in the figure for Microsoft.
02/02/2011 at 09:45
Member since: Aug 2009
Do we know what constitutes the loss? Is it an operating loss or through acquisitions?
Good news about the level pegging though on the console spread though.
02/02/2011 at 09:59
Member since: Dec 2009
$600m stock buy-back. $154m restructuring cost. It’s all here:
http://files.shareholder.com/downloads/ERTS/1151487520x0x438259/f1f7141a-ca3d-4fd5-b83d-b3ed09241625/Q3%20FY11%20Earnings%20Release-Tables%20FINAL.pdf
Warning: bring caffeine.
02/02/2011 at 09:51
Member since: Jun 2009
Thats a big loss, how the heck can they lose that amount of money with some of the big titles they released last year?
02/02/2011 at 10:13
Member since: Oct 2009
Marketing must have cost them much money.
02/02/2011 at 10:38
Member since: Dec 2009
$553million (It’s all in the document)
02/02/2011 at 11:02
Member since: Dec 2008
Please remember it’s dospunkument here on TSA.
02/02/2011 at 10:48
Member since: May 2009
Considering there are quite a few more 360′s out there Sony should be pretty pleased.
02/02/2011 at 11:01
Member since: Mar 2009
Just bought Dead Space 2, Dragon Age 2 is on preorder and Mass Effect is top of my “buy when I have the spare cash/time” list. Definetly liking some of the EA franchises at the moment.
02/02/2011 at 11:03
Member since: Aug 2009
I can see Sony rising even more with the impressive games this year [Mass Effect and Dead Space already!]
02/02/2011 at 12:56
Member since: Jan 2011
Considering the XBOX360 has a one year head start on the PS3, not too bad. This time next year the PS3 could be ahead…