Submit a Story!
Electronic Arts Updates Fiscal Year 2009 Outlook
REDWOOD CITY, Calif.--( BUSINESS WIRE )--Electronic Arts (NASDAQ:ERTS) today announced that it expects net revenue and earnings per share for fiscal year 2009 to be below the financial guidance previously provided on October 30, 2008. The revised expectations are primarily the result of lower ...
Comments
Blog Reactions

Lower sales lead EA to warn about more layoffs and cancellations
Big Download Blog — ... its product portfolio for fiscal year 2010 with additional associated headcount reductions and facility consolidations." EA is holding a conference call for investors at the time of this news post and we will report in if there is any significant news from the call. Lower sales lead EA to warn about more layoffs and cancellations originally appeared on Big Download Blog on Tue, 09 Dec 2008 17:00:00 EST. Please see our terms for use of feeds.Read | Permalink | Email this | Comments

EA Lowers Outlook, Plans cuts
Blue's NewsThis press release from Electronic Arts warns investors it is lowering its financial guidance for fiscal year 2009 due to lower than expected sales in North American and Europe. This is bad news for investors, and worse news for gamers and some EA employees, as the announcement also says EA "is continuing to pursue cost saving initiatives including a reduction of its product portfolio for fiscal year 2010 with additional associated headcount reductions and facility consolidations." ...

Related Content
Electronic Arts Won't Run From Risk [Well Played]
kotaku.com 2/7/2009 — Despite the cuts, despite the layoffs, despite the economic apocalypse, Electronic Arts will continue to take chances with its upcoming games. That was the message Electronic Arts CEO John Riccitiello delivered to the more than 9,000 employees ...
Electronic Arts: The Guttening
dubiousquality.blogspot.com 20 days ago — Well, this can't be good. Electronic Arts announced quarterly earnings yesterday, and they sucked. Again. Not to worry, though. They've got a plan : Electronic Arts said it would lay off 1,500 workers by April 2010, alongside second fiscal quarter ...
Electronic Arts Jobs | Welcome to EA!
jobs.ea.com 9/5/2009 — Check out the very latest news & events from the world of Electronic Arts. Here you will find links to the latest games, company news, EA forums, EA Store and hints & tips. You will also find links to the latest articles, blogs, YouTube videos, and ...
Apple to buy Electronic Arts?
bruceongames.com 5/6/2009 — This is a big rumour going round . I have said many times on here that Electronic Arts are a prime takeover target and as a company they have had a long period of badly underperforming, so their stock is cheap. Apple, on the other hand, have been making money like crazy as they reap the ...
Microsoft to buy Electronic Arts?
bruceongames.com 9/24/2009 — Since 2007 I have been predicting on here that Electronic Arts (EA) would be bought out . At one stage it looked very much as if Apple were going to be the proud new owners . (And may still be). Now Reuters are reporting rumours that Microsoft will do the buying . Which must be true because ...
EA Reports First Quarter Fiscal Year 2010 Results
news.ea.com 8/5/2009 — REDWOOD CITY, Calif.--( BUSINESS WIRE )--Electronic Arts Inc. (NASDAQ: ERTS) today announced preliminary financial results for its fiscal first quarter ended June 30, 2009. Fiscal First Quarter Results (comparisons are to the quarter ended June 30, ...
Electronic Arts Legal Notices
ea.com 9/5/2009 — For Customer Support inquiries please visit support.ea.com Designated Agent to Receive Notifications of Claimed Copyright Infringement, pursuant to 17 U.S.C. 512(c): Steve Bené, Esq. VP, General Counsel and Corporate Secretary Electronic Arts Inc. 209 ...
Electronic Arts Legal Notices
ea.com 9/5/2009 — For Customer Support inquiries please visit support.ea.com Designated Agent to Receive Notifications of Claimed Copyright Infringement, pursuant to 17 U.S.C. 512(c): Steve Bené, Esq. VP, General Counsel and Corporate Secretary Electronic Arts Inc. 209 ...
Massive redundancies at Electronic Arts
bruceongames.com 22 days ago — The latest news will come as no surprise to readers here. I have written multiple articles on how and why Electronic Arts is losing so much money . And I have written multiple articles about what is wrong with the games industry and why it is shedding so many staff . This latest news is ...
EA Learns Lesson From Rough Holiday '08, Will Spread Out Releases In Fiscal '09
gamasutra.com 8/6/2009 — Holiday 2008 was rough for Electronic Arts. Major new titles didn't meet expectations, and the shortfalls were a precursor to widespread layoffs and studio closures. Even into the June quarter, EA is still wrapping up staff reductions, as the number ...
Skate Devs Hope to Keep Series Fresh1UP RSS feed 12/9/2008
The MTV Multiplayer blog reports that Electronic Arts has plans for keeping the Skate series feeling new. At an event last week, associate producer of environments Shaun ...
28 Million Songs Have Been Downloaded from Rock Band1UP RSS feed 12/10/2008
According to a report from Shacknews (via Xbox360 Fanboy ), Harmonix claims that over 28 million songs have been downloaded for their plastic instrument golden child Rock ...
Riccitiello says Mirror's Edge will Go Forward1UP RSS feed 12/10/2008
2008 was a departure for Electronic Arts. The mega publisher best associated with their annual sports games and dependence on licensed products and established franchises ...
EA: More job cuts plannedComputer And Video Games 12/11/2008
Lower-than-expected sales blamed... Electronic Arts expects to fall short of revenue and earnings guidance for fiscal 2009 due to lower-than-expected sales of software in North America and Europe. Click here to read the full article
EA Founder Questions Sony's Goals For PlayStation Home1UP RSS feed 12/11/2008
PlayStation Home is finally available after a long wait. But in the end, will it be worth the trouble for Sony? According to Electronic Arts founder Trip Hawkins, it all ...