Friday, May 16, 2008

EA Saw Losses in Fiscal Year '08

EA Saw Losses in Fiscal Year '08 Posted by Chris on Thursday, May 15th, 2008 at 10:18 am under Electronic Arts, Game Companies While EA games had a tremendous year in terms of sales â€" a total of 15 games went double platinum, fiscal year 2008 brought about losses of $454 million, compared with profits of $76 million in 2007. The period, which ended on March 31, 2008, saw the company’s total revenue rise 19% from last year up to $3.67 billion. In the fourth quarter alone, there was an 81% ju