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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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nrvalleytime1362d ago

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

onyoursistersback1362d ago

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

Bathyj1362d ago

Theres a difference between revenue and profit.

ambientFLIER1362d ago (Edited 1362d 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.

brish1361d ago (Edited 1361d 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).

onyoursistersback1361d ago

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

+ Show (1) more replyLast reply 1361d ago
DeadlyFire1361d 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?

Ramon3MR1362d ago

That's a lot of cheese right there.

BitbyDeath1362d ago

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

Moncole1361d ago

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

DeadlyFire1361d 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_SHREDDER1362d ago

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

GraveLord1362d 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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