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EA Posts $381 Million Loss

GotGame: The publisher reported a $381 million net loss, while bringing in $711 million in revenue for the quarter ending Sept. 30.

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nrvalleytime1702d ago

A little scary considering these figures account for Madden and NCAA 13. Wonder where all the money is going.

LackTrue4K1702d ago

i dont get it they lost 381 mill, yet they made 711 mil? all i see is a "WIN WIN" to me.

Bathyj1702d ago

Theres a difference between revenue and profit.

ambientFLIER1702d ago (Edited 1702d ago )

Revenue of 711 million with a loss of 381 million means that their expenses were 1.091 Billion. Revenue and Profit are two different things. They made no profit for the quarter.

brish1702d ago (Edited 1702d ago )

@onyoursistersback

Imagine if you started a business that made $800. The cost to start the business and hire someone was $1000.

That means you lost $200 ($800 revenue - $1000 expenses).

LackTrue4K1702d ago

thank you to the people helping me out.....now it makes "cents"

+ Show (1) more replyLast reply 1702d ago
DeadlyFire1701d ago

This really isn't that much. Considering that they publish about anything.

SWTOR Cost them 150 Million minimal amount. They tried to make a WoW clone and that doesn't work so they go Free to play and hope to make up for that cash in the long run.

What else cost them?

Ramon3MR1702d ago

That's a lot of cheese right there.

BitbyDeath1702d ago

All they need to do is release Sims 4 and profits will soar again.

Moncole1702d ago

Or a Lady Gaga DLC for Sims 3 and make it 40$.

DeadlyFire1701d ago

Simcity hits in 2013.

Sims 4 doesn't come out until 2014. Don't give it away just yet. They have 3 more expansion packs to release before 2014.

DA_SHREDDER1702d ago

ouch, i can't believe im saying this after dealing with the 06 to 08 crappy game lineup, this sorta makes me sad. :(

GraveLord1702d ago

Good. Releasing games like MoH and sending them off to die won't help. No, releasing a month before Call of Duty isn't a good strategy.

Just hurry up and make Battlefield an annual franchise.(If you don't believe me look at EAs newest press release where they admitted it)

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