Electronic Arts: Digital Business To Reach $750 Million In Revenue Next Year
PaidContent Feb 08 10
If only the rest of Electronic Arts’ businesses could be doing so well ... During the company’s earnings call Monday, executives said that the company’s digital business was “growing very rapidly and (is) profitable” (Executives had said during a call last quarter that digital was in fact now the most profitable part of EA’s business).
The digital business is now expected to reach at least $750 million in sales next year, up from about $575 million this year. By contrast, executives said that they are not counting on much—if any—growth in the company’s traditional “packaged goods” business, which should account for about $3 billion in sales. Full story...
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