EA's Quarterly Profits Down 31%

[Caffeinemonkey]

The Ford and GM of videogames..

[mummey]

I guess everyone forgot to buy their 'roster update' (http://www.easports.com/madden06/index.jsp) this year. :scream:

[Auctane]

Gee, that's really weird.

[Saurus]

...but their stock is up.

[slime]

I love when a company has a quarterly benefit of 259 million dollars and decides to fire 5% of the staff because the projected profits were higher.
Some people are just money making machines; they don't have any soul.

[PhillipCrond]

Hollywood is starting to feel the sequel sting a little bit, perhaps game companies will, too. Eventually, the consumers will vote with their dollar, and EA will have to catch up to what people want. And I'm pretty sure what people want is "not another Need for Speed game."

[halo]

perhaps, but whilst the gamers market represent x% the games industry is looking to broaden its market, so if the mainstream sells, it stays. Added to that EA are probably the most commercially professional company out there that actually understand what they are doing...they may have a lower bar than others try to hit, but they know how to hit it again and again and again. There is a marked difference between their approach at some ends of the market that other publishers could have done with adopting. Yes, they are about the money, but at least they don't waste huge sums of it getting absolutely nowhere then self destructing and blaming difficult conditions etc...

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