Comments on: EA loses over $1 billion in fiscal 2009, cuts Q4 loss

By: Blerk

Blerk — Wed, 06 May 2009 08:07:52 +0000

/sharp intake of breath

By: dbronco

dbronco — Wed, 06 May 2009 05:49:07 +0000

No way they loss that much money on increasing revenue. I think those rumors of a EA console might be true. Everyone knows EA doesn’t spend on developing games really. I mean the Madden team is 35 people and it sells millions. And they don’t fix long standing problems on their franchises. They do their games on the cheap. Look at Microsoft and Sony’s financials over the years. Even with increased revenue, they lose money just before a new console arrives. The revenue goes to R & D for the new unit. I could be wrong, but a billion on that much profit is suspicious.

By: Patrick Garratt

Patrick Garratt — Tue, 05 May 2009 22:26:30 +0000

You’re right, actually. I’ve chopped it and added a link to the press release.

By: Patrick Garratt

Patrick Garratt — Tue, 05 May 2009 22:24:15 +0000

By: Seraphemz

Seraphemz — Tue, 05 May 2009 22:22:51 +0000

“Net Income (Loss)
GAAP net loss $ (94 ) $ (95 ) $ (310 ) $ (641 ) $ (42 ) 55 %
Acquired in-process technology 138 2 – 1 -
Amortization of intangibles 13 15 16 15 12
Certain abandoned acquisition-related costs – - 21 – -
Change in deferred net revenue (packaged goods and digital content) (208 ) (195 ) 232 88 (251 )….”

I agree 100 % /:(

By: Patrick Garratt

Patrick Garratt — Tue, 05 May 2009 22:05:04 +0000

Read the bits we write. They tell you the good bits

By: No_PUDding

No_PUDding — Tue, 05 May 2009 21:55:59 +0000

Lazy journalism *walks off tutting*

By: Pyrix

Pyrix — Tue, 05 May 2009 21:47:57 +0000

Wow, that’s long.

+10 points for anybody who reads all of it.

By: Whizzo

Whizzo — Tue, 05 May 2009 21:47:20 +0000

Ouch.