View Vexes Electronic Arts
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ERTS
Foreign currency rates boosted net revenue by $53 million, or 2%, EA said.
Revenue from games on handhelds, cellular handsets and other mobile devices rose 37% to $540 million in the year, attributable primarily to cellular handset revenue from the acquisition of Jamdat Mobile and sales growth on the Nintendo DS, said EA. Madden NFL 07 was the industry's most popular game of 2006 in North America and was EA's top seller for the fiscal year. Need for Speed Carbon sold more than 8.5 million copies, making it EA's second-best-performing title. Games from the Sims franchise sold 22 million copies in the year, with The Sims 2 Pets selling 5.6 million copies and The Sims 2 selling 3.9 million copies. The company, which completed five acquisitions during the year, made a 19% equity investment in the South Korean game developer Neowiz.- Loading Comments...
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