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EA announce drop in profits; FIFA and The Simpsons do big numbers

EA have reported their earnings for the third quarter of the 2013 fiscal year.

The company announced that they had made $922 million (which was down from $1.061 billion last year), with $321 million of that total coming from digital revenue.

Looking at specific games, EA confirmed that FIFA 13 has sold 12 million units to date, and premium subscriptions for Battlefield 3 are near the 3million mark. EA also said The Simpsons: Tapped Out was the top-grossing iOS game for the quarter – earning $23 million in sales. An Android version of the game is due for release soon.

Said EA COO Peter Moore;

 

“EA had six of the top twenty titles in Western markets in 2012, compared to four in 2011. EA was also the number one publisher on iOS worldwide for the year.”

 
It wasn’t all good news on the game front however, with EA admitting that poor sales of Medal of Honor Warfighter contributed to the reduced earnings.

EA CEO John Riccitiello also commented on Valve’s upcoming Steam Box;

 

“Valve really hasn’t put enough information out there to suggest whether or not they’ve got the wherewithal to compete with consoles. There are lots and lots of issues. Large-scale success in game consoles usually goes with multiple billions of dollars of investment, both in content development, investments made across a blend of developers and publishers, retail relationships, online relationships, consumer marketing, chip fabrication, manufacturing, supply pipeline and the rest. So based on what they’ve said so far, it could be anything from a cool niche product that appeals to Gabe [Newell] and his friends and people like me, to a product that actually has the shoulders to help lift our industry forward into what we’re describing as Gen 4.”

 
EA also confirmed their immediate upcoming lineup; Dead Space 3 on February 5th, Crysis 3 on February 19th and SimCity on March 5th.

Source: IGN

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A co-owner of this here website, as well as a Writer, Podcaster and Designer. I'm well known for my enthusiasm and positivity. You can find out what's on my mind by following me on Twitter and by checking out The Geek Show, The Podcast of Wisdom and Ring the Bell.

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