Though the world's largest game publisher may have slipped on early lackluster PS3 sales, analysts expect the company to do just fine over the next couple of years. Reason being? EA hopes to have its name on one of every five games sold for Wii, 360, and PS3. That's a lot of games. According to Barron's, EA's earnings by 2009 could be "triple that of the current fiscal year," and analyst Michael Pachter believes the publisher's stock price will increase by $15 over the next 12 months alone to $65 per share. That's a lot of money.
EA could triple yearly earnings in two years
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Though the world's largest game publisher may have slipped on early lackluster PS3 sales, analysts expect the company to do just fine over the next couple of years. Reason being? EA hopes to have its name on one of every five games sold for Wii, 360, and PS3. That's a lot of games. According to Barron's, EA's earnings by 2009 could be "triple that of the current fiscal year," and analyst Michael Pachter believes the publisher's stock price will increase by $15 over the next 12 months alone to $65 per share. That's a lot of money.
