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. …

Full Story Via Tech News Headlines – Yahoo! News

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>