PS3 flying high in EA’s Q1 2008 results



EA logo - Image 1Electronic 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:
PS3 sales double from last year’s Q1, PSP also doing well

Original article from: Wii