EA’s Revenue Falls, Outlook Brightens

Videogame maker Electronic Arts sunk deeper into loss in its fiscal first quarter thanks to falling revenue, a situation brought on by EA’s taking deferred revenue into account. However, EA has also managed to do better than Wall Street expectations would have had the company doing thanks to the popularity of its Sims 3 game and various Wii titles.
 
According to EA’s CFO Eric Brown, the company is expecting to grow in the second half of the calendar year, especially in its digital services unit. He has expressed confidence in EA’s big-ticket products, stating that EA’s most important titles are selling well and that demand for the company’s videogames remains solid.  
 
EA has not managed to post a profit for two years, struggling even before the onset of the economic crisis. Some videogame aficionados have blamed EA’s strict copy protection on many of its most popular PC games for holding the company back, requiring gamers to have an active internet connection to install EA games and only allowing gamers to install their purchases a couple of times before the gamer must purchase the videogame again.

EA Experience (Image: Flickr)