EA Profits Plunge

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Archived from groups: alt.games.video.xbox,alt.games.video.sony-playstation2 (More info?)

"Robert P Holley" <holleyrp@delanet.com> wrote in message
news:1115231711.747491.193360@f14g2000cwb.googlegroups.com...
> Taken from www.gamefaqs.com
>
> http://news.yahoo.com/news?tmpl=story&u=/ap/20050504/ap_on_bi_ge/earns_electronic_arts
>
> "Company executives cited higher costs connected with purchasing
> licenses, growing competition and lower demand for games in
> anticipation of new set-top boxes, which are due to hit the market, as
> the reasons for its poor showing this quarter."

This is not surprising news. They have spent alot of money this year
outside of developing games, so its only natural thiat this years profit
would be dropped.
 
Archived from groups: alt.games.video.xbox,alt.games.video.sony-playstation2 (More info?)

"Beck" <invalid@invalid.invalid> wrote in message
news:3dsp4aF15chU1@individual.net...
>
> "Robert P Holley" <holleyrp@delanet.com> wrote in message
> news:1115231711.747491.193360@f14g2000cwb.googlegroups.com...
>> Taken from www.gamefaqs.com
>>
>> http://news.yahoo.com/news?tmpl=story&u=/ap/20050504/ap_on_bi_ge/earns_electronic_arts
>>
>> "Company executives cited higher costs connected with purchasing
>> licenses, growing competition and lower demand for games in
>> anticipation of new set-top boxes, which are due to hit the market, as
>> the reasons for its poor showing this quarter."
>
> This is not surprising news. They have spent alot of money this year
> outside of developing games, so its only natural thiat this years profit
> would be dropped.
>

I am still trying to figure out how they made money period with the cash
they have dropped this year. That's an accomplishment in itself.
 
Archived from groups: alt.games.video.xbox,alt.games.video.sony-playstation2 (More info?)

"Mattinglyfan" <Estoscacahuates@comcast.net (deez nuts)> wrote in message
news:WZGdnSVixKMj-OTfRVn-gA@comcast.com...
>
> "Beck" <invalid@invalid.invalid> wrote in message
> news:3dsp4aF15chU1@individual.net...
> >
> > "Robert P Holley" <holleyrp@delanet.com> wrote in message
> > news:1115231711.747491.193360@f14g2000cwb.googlegroups.com...
> >> Taken from www.gamefaqs.com
> >>
> >>
http://news.yahoo.com/news?tmpl=story&u=/ap/20050504/ap_on_bi_ge/earns_elect
ronic_arts
> >>
> >> "Company executives cited higher costs connected with purchasing
> >> licenses, growing competition and lower demand for games in
> >> anticipation of new set-top boxes, which are due to hit the market, as
> >> the reasons for its poor showing this quarter."
> >
> > This is not surprising news. They have spent alot of money this year
> > outside of developing games, so its only natural thiat this years profit
> > would be dropped.
> >
>
> I am still trying to figure out how they made money period with the cash
> they have dropped this year. That's an accomplishment in itself.


I was thinking the same thing.
I just got done jamming on V3.
Man your were right, it's a really fun game.
 
Archived from groups: alt.games.video.xbox,alt.games.video.sony-playstation2 (More info?)

"Boody Bandit" <boodybandit@hotmail.com> wrote in message
news:LJOdnXLeMPRn4eTfRVn-gw@suscom.com...
>
> "Mattinglyfan" <Estoscacahuates@comcast.net (deez nuts)> wrote in message
> news:WZGdnSVixKMj-OTfRVn-gA@comcast.com...
>>
>> "Beck" <invalid@invalid.invalid> wrote in message
>> news:3dsp4aF15chU1@individual.net...
>> >
>> > "Robert P Holley" <holleyrp@delanet.com> wrote in message
>> > news:1115231711.747491.193360@f14g2000cwb.googlegroups.com...
>> >> Taken from www.gamefaqs.com
>> >>
>> >>
> http://news.yahoo.com/news?tmpl=story&u=/ap/20050504/ap_on_bi_ge/earns_elect
> ronic_arts
>> >>
>> >> "Company executives cited higher costs connected with purchasing
>> >> licenses, growing competition and lower demand for games in
>> >> anticipation of new set-top boxes, which are due to hit the market, as
>> >> the reasons for its poor showing this quarter."
>> >
>> > This is not surprising news. They have spent alot of money this year
>> > outside of developing games, so its only natural thiat this years
>> > profit
>> > would be dropped.
>> >
>>
>> I am still trying to figure out how they made money period with the cash
>> they have dropped this year. That's an accomplishment in itself.
>
>
> I was thinking the same thing.
> I just got done jamming on V3.
> Man your were right, it's a really fun game.
>
>

Told you. I don't know why that game is so freakin fun.
 
Archived from groups: alt.games.video.xbox,alt.games.video.sony-playstation2 (More info?)

"Mattinglyfan" <Estoscacahuates@comcast.net (deez nuts)> wrote in message
news:WZGdnSVixKMj-OTfRVn-gA@comcast.com...
>
> "Beck" <invalid@invalid.invalid> wrote in message
> news:3dsp4aF15chU1@individual.net...
>>
>> "Robert P Holley" <holleyrp@delanet.com> wrote in message
>> news:1115231711.747491.193360@f14g2000cwb.googlegroups.com...
>>> Taken from www.gamefaqs.com
>>>
>>> http://news.yahoo.com/news?tmpl=story&u=/ap/20050504/ap_on_bi_ge/earns_electronic_arts
>>>
>>> "Company executives cited higher costs connected with purchasing
>>> licenses, growing competition and lower demand for games in
>>> anticipation of new set-top boxes, which are due to hit the market, as
>>> the reasons for its poor showing this quarter."
>>
>> This is not surprising news. They have spent alot of money this year
>> outside of developing games, so its only natural thiat this years profit
>> would be dropped.
>>
>
> I am still trying to figure out how they made money period with the cash
> they have dropped this year. That's an accomplishment in itself.

Perhaps what they did make was helped by shares? I am sure they are getting
something back after their large acquisition of Ubisoft.
 
Archived from groups: alt.games.video.xbox,alt.games.video.sony-playstation2 (More info?)

"Beck" <invalid@invalid.invalid> wrote in message
news:3du5lrF6g49U1@individual.net...
>
> "Mattinglyfan" <Estoscacahuates@comcast.net (deez nuts)> wrote in message
> news:WZGdnSVixKMj-OTfRVn-gA@comcast.com...
>>
>> "Beck" <invalid@invalid.invalid> wrote in message
>> news:3dsp4aF15chU1@individual.net...
>>>
>>> "Robert P Holley" <holleyrp@delanet.com> wrote in message
>>> news:1115231711.747491.193360@f14g2000cwb.googlegroups.com...
>>>> Taken from www.gamefaqs.com
>>>>
>>>> http://news.yahoo.com/news?tmpl=story&u=/ap/20050504/ap_on_bi_ge/earns_electronic_arts
>>>>
>>>> "Company executives cited higher costs connected with purchasing
>>>> licenses, growing competition and lower demand for games in
>>>> anticipation of new set-top boxes, which are due to hit the market, as
>>>> the reasons for its poor showing this quarter."
>>>
>>> This is not surprising news. They have spent alot of money this year
>>> outside of developing games, so its only natural thiat this years profit
>>> would be dropped.
>>>
>>
>> I am still trying to figure out how they made money period with the cash
>> they have dropped this year. That's an accomplishment in itself.
>
> Perhaps what they did make was helped by shares? I am sure they are
> getting something back after their large acquisition of Ubisoft.
>

But they have dropped loads of cash this year. It seems like they have
spent more than most companies earn.
 
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