EA on Wii U: "What we describe as "Gen 4" is yet to come."

[chocoloco]

Aielyn said:

chocoloco said:

Metrium said:
EA are terrible anyways, if they lack the vision to see how WiiU is next gen despite other consoles being able to show 1 or 2 more pixel, that's

I believe they posted losses for the last quarter right? And If I'm correct their have been posting losses for a while no? If I'm wrong someone plz correct me. Losses on Q3 is a clue to what's to come.

Well, in quarter 1 and 2 it says they have made large profits. I suppose they have not released quarter 3 earnings.

http://investor.ea.com/releases.cfm?ReleasesType=Earnings

Not sure where you're reading that. Perhaps you're confusing profits with revenue? They had high revenue, but it's quite clear that they had a net loss (GAAP) of $381 million in the three months ending September 30, 2012, although they had a non-GAAP net income of $49 million. In the three months before that, they had a net income (GAAP) of $201 million, but a non-GAAP net loss of $130 million. So if you add the two together, in the first half of the financial year, they had a net loss (GAAP) of $180 million, and a non-GAAP net loss of $106 million.

That may be true, but it is still quite the assumption to assume that the Wii U would cause them to turn that around.