EA Q1 sales better than expected, still slow

Sponsored Links

EA Q1 sales better than expected, still slow
We've been hearing recession tales of woe for months now in the video game industry. Today is no different, as EA is posting a net loss of $234 million for its financial Q1 sales year over year versus $95 million in losses during the same quarter last year. Unsurprisingly, titles like The Sims 3 and EA Sports Active -- you know, EA's best selling Wii game ever -- helped to boost sales, but overall game sales were lower "due to slowed hardware sales."

Don't worry, though, as EA promises four new IPs for the holiday season (Dante's Inferno, Dragon Age: Origins, Brütal Legend and, presumably, Saboteur) and predicts increased revenue with tiny little titles like The Beatles: Rock Band and Madden 10 landing in the next few months. (We were so worried.)
All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Popular on Engadget