Electronic Arts revenue dropped in third quarter

SAN FRANCISCO (Reuters) – Video game publisher Electronic Arts Inc reported lower revenue for the third quarter as the video game industry continued to struggle with flagging sales and experienced a weak holiday quarter. Electronic Arts revenue fell as the console game business has “been extremely soft” as the industry waits for next-generation versions of Sony Corp’s PlayStation and Microsoft Corp’s’s Xbox to boost software sales, Chief Financial Officer Blake Jorgensen said. …

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