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Forums - Sales - EA's Revenue.

Mega publisher Electronic Arts has revealed that Sony’s PlayStation 3 generated significantly more revenue for the industry giant than the Xbox 360 during the fiscal quarter ended June 30, 2009.

PS3 turned in an impressive $121 USD million for the company, while Xbox 360 only managed to scrape $73 USD million during the same period. Unsurprisingly, Nintendo Wii outstripped both with a whopping $161 USD million, with PC only just nabbing second place away from Sony with $124 USD million.

Despite leading the pack in regards to the home console market, Nintendo didn’t quite manage to steal Sony’s crown on the handheld front, with DS turning in $28 USD million in revenues compared to the PSP’s $38 USD million.

Elsewhere, EA revealed that North America remained the most profitable region for the firm, generating $343 USD million in revenues, followed by Europe and Asia with $258 USD million and $43 USD million, respectively.

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Hrm, did EA release some PS3 exclusives this quarter? I'm surprised the PS3 was so much better than the 360 for them.



The press usually reports the GAAP numbers. The non-gaap numbers are usually the numbers that represent what actually happened in the quarter. Anyone know the non-gaap numbers?



Thanks for the input, Jeff.

 

 

Here are the non-GAAP net revenue numbers.
http://investors.ea.com/releasedetail.cfm?ReleaseID=401109

Wii 184
360 136
PS3 99
PS2 20



Thanks for the input, Jeff.

 

 

Wonder how much profit they have on those revenues for each console.



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Wow, pc is strong. Also, the report shows that PSP is not the dead console for 3rd parties as we thought. Is at least as good for EA as DS.
Well, this report, allied with the Ubisoft one, shows that Shio is not so wrong when he says that PC is as strong as ever. In terms of % of revenue, is even bigger than Wii. And we must remember piracy and lower prices of the pc games.



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Could someone explain GAAP vs. non-GAAP please? I'm terribly interested but woefully ignorant.



Crashdown77 said:
Could someone explain GAAP vs. non-GAAP please? I'm terribly interested but woefully ignorant.

EA like most public companies are required to report their financial statements in accordance with GAAP (Generally accepted accounting principles).  Although the GAAP statements are the official numbers, it makes it difficult to really understand what is occuring in the individual business lines.  EA would prefer that you use the non-gaap numbers to determine how each individual platform is performing.  

EA removes the following items when it reports it's non-gaap numbers.

  • Acquired in-process technology
  • Amortization of intangibles
  • Certain abandoned acquisition-related costs
  • Change in deferred net revenue (packaged goods and digital content)
  • Goodwill impairment
  • Income tax adjustments
  • Losses (gains) on strategic investments
  • Loss on lease termination and facilities acquisition
  • Loss on licensed intellectual property commitment
  • Restructuring charges
  • Stock-based compensation


Thanks for the input, Jeff.

 

 

dbot said:
Crashdown77 said:
Could someone explain GAAP vs. non-GAAP please? I'm terribly interested but woefully ignorant.

EA like most public companies are required to report their financial statements in accordance with GAAP (Generally accepted accounting principles).  Although the GAAP statements are the official numbers, it makes it difficult to really understand what is occuring in the individual business lines.  EA would prefer that you use the non-gaap numbers to determine how each individual platform is performing.  

EA removes the following items when it reports it's non-gaap numbers.

  • Acquired in-process technology
  • Amortization of intangibles
  • Certain abandoned acquisition-related costs
  • Change in deferred net revenue (packaged goods and digital content)
  • Goodwill impairment
  • Income tax adjustments
  • Losses (gains) on strategic investments
  • Loss on lease termination and facilities acquisition
  • Loss on licensed intellectual property commitment
  • Restructuring charges
  • Stock-based compensation

Makes sense, thanks very much!

Ill be surprised if they lose money with their great games. PS3 making more than 360 is surprising. Hopefully Madden will give them a huge boost.



 

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