- Previous Article: MTV: EA could ‘struggle’ to monetise online
- Next Article: Riccitiello: Casual saving ‘dismal’ PC market
Pogo’s FY sales top $100m
May 14th 2008 at 12:45 by Tim Ingham
Electronic Arts has revealed that casual gaming subsidiary Pogo enjoyed over $100 million in revenues in the 12 months to March 31st, 2008.
That represents year-on-year growth of 41 per cent, said the publisher.
The numbers were revealed as part of EA’s full year fiscal announcement, in which the company reported record revenues of over $3 billion – but widened losses of $454 million.
In an earnings call after the announcement, EA CEO John Riccitiello told investors that online casual games were propping up a ‘soft’ PC games market.
Justin Reynolds
May 14th 2008 | 16:24
There's no denying this is impressive stuff. But why not profit/loss? EA itself just smashed its full year revenue record – but actually posted a loss overall.
William D. Volk
May 14th 2008 | 21:55
Impressive numbers from impressive titles.
The question is, can an organization like EA be efficient enough to make a profit in casual gaming?
Tony Roper
May 15th 2008 | 07:53
EA did more than a small amount of company acquisitions this year which no doubt reflected in the balance sheet.
Absorbing them all in a borg-like manner could well cut down their efficiency too - but they seem very well placed to march onwards.
I'd love to see some stats from the POGO figures - customer age demographic, repeat users, total time spent online, maximum time spent online and what periods of the day were the busiest
Leave a Comment
- Related News
- Latest News
284 vacancies
- Browse Categories
3 comments