PS3 flying high in EA’s Q1 2008 results
Electronic Arts, the biggest game publisher in North America, has released the numbers and highlights for fiscal 2008’s opening quarter. Amazingly, the PlayStation 3 is leading the pack in EA’s portfolios with a very sharp spike in sales from last year. More after the jump.
Electronic Arts has posted its quarterly financial report and a lot of it was the kind of stuff we’re used to seeing from the giant. What got our attention is how the Sony PlayStation 3 is now by far its biggest revenue machine with a huge leap over last year’s results.
In Q1 of 2007, the PS3 posted a lowly US$ 13 million in net revenues for EA. Sony’s console grew 969 percent this year and now dominates EA’s charts with US$ 139 million in net revenues. The PC comes second with US$ 89 million.
The PS3’s chief rival, the Xbox 360 posted US$ 81 million, which is still a 72 percent rise over last year’s figures. The PlayStation 2 and the Nintendo Wii rounded up the console category. Handhelds were also doing pretty well for EA. The Sony PSP revenues amounted to US$ 57 million while the DS revenues were at US$ 21 million.
Despite the Nintendo platforms not grinding as many dollars as other platforms, EA says it remains committed to them and has announced 40 titles for the Wii and the DS.
Other highlights include what EA says are good critical reactions for their recent releases. Without a doubt, though, the Spore Creature Creator which launched recently was one of Q1’s biggest hits.
Related articles:
About The Author
