IVG writes : EA has just posted its financial results for this fiscal year, and it’s impressive. After a string of losses, they have bounced back to post $221 million profit, on revenue of $999 million.
Mirrors Edge 2 please.
Ahhhhh the used game industry is killing us!!!!!!!! /endoftheworld. Can't make monies cuz production values are too high!!!!!!! /jackupprices
They just aren't paying the developers. I'm sure you've seen the surge of complaints from developers in the past year. Payed for 40hr weeks whilst doing 80plus hrs a week. The high bonuses only go to the top dogs of the industry and not the lower ranked employees who are pretty much the slaves.
Well done EA.
Yeah, they should definitely charge subscriptions... They aren't making enough. Greedy bastards make me sick.
Yes, they should charge us all online passes. They need that money to fund their studios that are suffering!
Wow that is pretty good considering Battlefield 3 is around the corner; expect those profits to skyrocket after it's out.
Madden isn't out yet and they always make bank with Madden.
If they are making this much revenue then I don't think the online pass is really needed but to a company, the more money the happier your investors are..
Only 200 million? Sorry, for a company that shifts 15 million units of a sports game that isn't too high.
Profit. These companies have huge overheads. Billion dollar of revenue is not exactly chump change.
Good to see the definitive football game ship so much
loooooool i see what u did there. still i agree lol
Wait,Fifa 11 Shipped or sold?
Shipped and sold here is the same thing. Manufacturers ship based on orders placed by distributors and other resellers. If best buy orders 100 copies to EA then those are 100 copies they have sold to bestbuy because they charge them for it.best buy can keep them in stock but they are only ordering based on their need.
Oh,so the money is already in the bag for the companies? that's good. if that is the case then VGChartz is WAY undertacked on sales. thanks for the clarification.
they have become so much better over the last few years with their games and actually taking some risks and introducing EA's partner's program which helps studios retain their Ip's
Yes, they have recently introduced online pass (whom is becoming the industry standard), have numerous times attempted to limit how many times you can download your digital games, can delete your account with all the games for inactivity after 2-years and can lock you out of your games, if banned from their site. They have been great to me as a consumer. Love those guys! /s
In a nutshell: Can bend you over if they feel like it.
I imagine they'll make even more money over the next 12 months.. Aside from their yearly sports titles they have Battlefield 3, Star Wars The Old Republic and Mass Effect 3 all of which will sell LOADS of copies with all of them likely to be goty contender in their respective categories.
Wow, i wonder how much used games sales have hurt them? Even with that profit i'll bet lay offs will still happen around november.
Real and mature gamers,..That are not a bunch of 13 year old fanboys,.. Please check this old timer and sub if you agree,.. Because this entire industry is getting into a really shitty direction fast,.. And greed driven shit must really stop,.. http://www.youtube.com/watc...
BUT, BUT, USED GAMES SALES IS KILLING THE INDUSTRY! Seriously though, EA has some good games, but I hate the whole used game argument. It is so false.
It might not be killing the industry, but it'd be interesting to see figures of used retail sales (I don't know if any exist?). It does hold water that every game sold used by a retailer is money that neither the publisher nor the developer sees.
Of course the publisher/dev doesn't get the money. They shouldn't, they already made money on that copy. Used movie sales, used TV-series-DVD sales, non of the studios or actors or any company sees that money. They shouldn't. You own that copy the game, you are welcome to sell it to someone else and then that person can sell it to someone else. Game companies don't get start changing the rules on property.
EA "We've made 221 million in profits"...but..."we need your ten bucks for online passes and a little more after we launch a few subscription plans we're workin on for Madden and FIFA" EA "oh yeah...and please support the starving devs. Used games are killing us /tears".
Did you guys see the part about te string of losses??? They made the online pass after their losses they posted. EA posted losses of hundreds of millions in 2010 and only this year have they posted profits. Though the only reason I am being supportive of them is because I dislike sports games (so they have no effect on me) and They are publishing some of the best games this year like dead space, crysis 2, battlefield 3, need for speed the run, and SWtor. Not to mention mass effect 3 next year, insomniac's new ip, and Respawn's to be new ip ;) I normally buy my games new so online pass crap doesn't effect me either ;) I forgot also that ea devs are also catering to the pc fans much much more than other devs as well ;)
They most likely posted losses the last couple years because they were spending so much developing games like SWTOR and Battlefield 3 etc they can't have been cheap to make especially SWTOR but the investment should pay off big time in the long run.
See EA has its own multi-million dollar selling game, to bad its not in the form of a shooter to take down COD though lol. but it makes me wonder if activision will make their own soccer game to compete??
What happened to Crysis 2 selling 7+ million on consoles Crytek?
EA is still not liking this it seems. They are removing printed manuals and ask users to pay to play online games on used copies, etc. Such a greedy company!
They should spend some of that profit and fix the grain/lines bug plaguing the 360 version of Crysis 2.
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