Despite PS3 Shortage, EA Meets Forecast

Electronic Arts CEO Larry Probst announced today that, although Sony shipped fewer PlayStation 3's than he expected, EA's overall holiday sales so far have met or slightly exceeded his expectations. Even though the company's overall sales outlook was positive, the PS3 shortage and the disappointing Superman Returns: The Videogame pushed the company's shares down by almost 2 percent.

Probst said he knew demand for the PS3 would far exceed supply, but he was surprised by how few Sony was able to ship initially. By the end of 2006, he expects Sony will ship between 500,000 and 800,000 units.

Previously expecting its overall sales to be flat to down five percent, sales of Madden and The Sims raised EA's outlook to flat to up five percent.

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NextGen24Gamer4375d ago

I figured that by the end of the year the ps3 would sell 700k. As of now they have sold under 300 k total....Interesting.

Monchichi0254375d ago

Because they've been selling well on the 360. They would've gone broke already if they relied on Sony themselves.