Exceeds Q4 FY10 Non-GAAP EPS Guidance
Battlefield: Bad Company 2 Has Sold 5 Million Units to Date
2010 FIFA World Cup: South Africa Approaching 2 Million Units Sold
FY10 Non-GAAP Digital Revenue Up 33 Percent Year-over-Year
Affirms Q1 and Full Year FY11 Non-GAAP GuidanceREDWOOD CITY, CA – May 11, 2010 – Electronic Arts Inc. (NASDAQ: ERTS) today announced preliminary financial results for its fourth quarter and fiscal year ended March 31, 2010.
Fiscal Fourth Quarter Results (comparisons are to the quarter ended March 31, 2009)
GAAP net revenue for the fourth quarter was $979 million, up $119 million as compared with $860 million in the prior year. During the quarter, EA had a net benefit of $129 million related to the recognition of deferred net revenue for certain online-enabled packaged goods games and digital content.
“[The game was] mad genius horror. [Suda51’s designs were] really, really creative. It absolutely still exists. It has been named, which I can’t reveal yet. But they are still absolutely working on it – they’re probably about halfway through the game. How would I describe it? I mean, if you follow Suda at all, you won’t be surprised to hear it’s mad genius in the horror genre. And hopefully we can continue to build on his reputation such that his games get appreciated by more and more people. I think sometimes when sometimes when someone gets a reputation for developing games that are a little bit out there, the interest in their specific games is smaller than it should be – it gets labelled as ‘niche’. His designs are really, really creative and he thinks differently. In this world of making games we need more people who think differently.” – EA Partners boss David DeMartini
It’s been forever since we’ve heard a peep about the game Suda51/Shinji Mikami are working on. The only thing we know is that it is in the horror genre and that it’s a “multiplatform” title. Hopefully we’ll hear about this project at E3!
USA Today recently published a preview of Call of Duty: Black Ops on their website. In the article, there was a statement that in addition to the PS3, 360, and PC, the game will be heading to the Wii. Previously though, Amazon listings indicated that the Call of Duty series would be taking a break on Nintendo’s platform. But Activision has finally confirmed that Black Ops, the next entry in the series, is in development for Wii.
“Black Ops will be available on all four platforms, PS3, X360, PC and Wii, on 9th November.”
The initial announcement for the latest Call of Duty title did not mention platforms specifically. But considering Modern Warfare Reflex’s respectable sales and seeing as how Treyach is experienced with Nintendo’s technology, it makes sense Activision is planning a Wii version of Black Ops.
“Before the launch of the Wii hardware, we at Nintendo had already come up with the idea that the Wii is the machine that’s going to be hooked up with the television set in the living room of the household. And so then the family members become the basis for us to think about how we’d like to develop the hardware and software for Wii. And that is why I’ve made software like Wii Music, Wii Sports, Wii Fit and other assorted titles. Having said that, I’ve never lost my passion for making games which are enjoyed by the more traditional gamer. An example is the introduction of Super Mario Galaxy 2.” – Shigeru Miyamoto
I definitely agree with Miyamoto that Super Mario Galaxy 2 is a great example of what he mentioned. Not only is the game very challenging for core gamers, but it also has the ability to assist newcomers to 3D Mario. Even though Miyamoto will continue to work on casual titles in the future, you can also expect that he’ll create a bunch of experiences for the hardcore demographic.
Thanks to Miles C for the tip!
