In addition to EA (Electronic Arts) continuing to kick butt, they are getting ready to unleash a new Medal of Honor game here in the near future. I like EA, it does my heart good to see them succeeding.
With that said, I have to say that EA can attribute their success to their sports line more than anything. For the most part, EA’s sport games are the best out there, period. I would love to see EA get the rest of their titles up to the level that they maintain with the sports games.
Revenue was up 35 percent compared to the same quarter a year ago and profit also climbed. Revenue for the July-September quarter was $716 million, compared to $530 million a year earlier. Profit for the quarter was $97 million, a year-on-year increase of 27 percent. EA’s Board of Directors also approved a share repurchase program of up to $750 million worth of publicly held shares. EA touted strong sales during the quarter of Madden NFL 2005, The Sims 2, Burnout 3: Takedown, and NCAA Football 2005. Each title sold over 1 million units during the quarter.
In a statement, EA’s CEO Larry Probst said, “We enter the holidays with strong momentum in North America, Europe, and Asia. EA Sports is having its best year ever and The Sims 2 had the strongest PC launch in EA’s history.” Looking ahead to the current quarter, he added, “In the December quarter, the breadth and quality of our global line-up is exceptional, with 11 new releases expected to achieve platinum status.”