A great day for gamers: EA posts a net loss for the 2008 fiscal year

H

Homicidal Cherry53

ugh
http://www.gamespot.com/news/6190865.html?action=convert&om_clk=latestnews&tag=latestnews;title;2

For the 2008 fiscal year, in spite of a growth in revenue, EA reported a net loss of over 450 million dollars. 300 million of that was caused by an accounting error which shortchanged EA's total revenue, but that still leaves them with 150 million dollars in net losses. I'm hoping (though I don't see it as particularly likely) that this signals the beginning of the end of EA's relevance and profitability in the gaming industry. Now, if only BioWare and what was once Westwood weren't shackled to the corpse that could (and hopefully will) be EA. :-\
 
Man, that sucks... =/ I don't care if most of you want EA to burn in the depths of hell, a business that loses money like that is horrible.
 
Homicidal Cherry53 said:
I'd say it is. Maybe EA's hostile takeover binge will finally end, now that they're beginning to lose money.
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I wouldn't say that is the reason for their loses maybe if they didn't attempt to buy other companies this wouldn't happen.
 
What EA has so many stuidos that if they fail then I am quite sure some games that I like by them are going to vanish of the scene. I wouldnt consider EA some huge conglomerate big wig that devours the little guy.
 
seriously i hate EA and all that but think of the families of the people that lost this money and the companies that are under EA's evil wing, is kinda like just because a country's president is an idiot means that the whole country are bunch of idiots.

also i want mirror's edge so the dead of EA is not what i really want right now
 
Maybe EA should concentrate on making a quality game again rather than aquiring (taking over) companies that do and sucking them dry.
 
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