EA Q1 sales better than expected, still slow
by Ben Gilbert 
on Aug 4th 2009 6:15PM
We've been hearing
recession tales of woe for months now in the video game industry. Today is no different, as EA is posting a net loss of $234 million for its financial Q1 sales year over year versus $95 million in losses during the same quarter last year. Unsurprisingly, titles like
The Sims 3 and
EA Sports Active -- you know,
EA's best selling Wii game ever -- helped to boost sales, but overall game sales were lower "due to slowed hardware sales."
Don't worry, though, as EA promises four new IPs for the holiday season (
Dante's Inferno,
Dragon Age: Origins,
Brütal Legend and, presumably,
Saboteur) and predicts increased revenue with
tiny little titles like
The Beatles: Rock Band and
Madden 10 landing in the next few months. (We were
so worried.)
