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EA confirms big loss Riccitiello confident over future positioningSpeaking this evening in the US, as the publisher's financial results for the year ending March 2009 were revealed, EA chief John Riccitiello revealed that the company made a loss of nearly 1.1 billion USD. Despite the huge loss, sales were actually up 15 per cent to 4.2 billion over the year, the firm adamant that good times are just around the corner following heavy investment. 'EA's strong cost actions in Q4 FY09 together with our investments in our digital service businesses will set us up for a stronger FY10,' assured CEO Riccitiello. 'EA is well positioned with the right strategies in a growing industry.' During the briefing, EA confirmed that FIFA 09, Madden NDL 09 and Need for Speed Undercover have all sold in excess of five million copies each, while Spore sales also topped two million. On a more positive note for EA, the publisher also saw Wii game revenues rise some 14 per cent over the year, showing that the company is start FerragoPalm Pre Costs $170 to Make, Expects to Retail for $200 Palm's highly-anticipated Pre smartphone costs $170 to make and is expected to be priced around $200 after a carrier subsidy from Sprint, according to market researchers at iSuppli. MobilediaHyTrust Looks to Build Community Around Virtualization HyTrust, which launched as a company in early April with the Enter-prise Edition of its namesake virtualization management appliance, is rolling out a free Community Edition aimed at SMBs. At the same time, HyTrust also is making a push to create a community around its technology to enable information sharing among users and to speed up its own product development. HyTrusts technology currently manages VMware environments, though support of Xen and Microsofts Hyper-V is on the way. - A month after launching the company with a policy-based management appliance for virtualized environments, officials at HyTrust are now looking to build a community among its customers. HyTrust May 5 announced that it is releasing a free community edition of its namesake appliance, aimed at giving ... eWEEKIOC loses 34 million dollars due to global economic crisis Hamburg - The value of the International Olympic Committee's financial investments has been reduced by around 34 million dollars, IOC president Jacques Rogge has revealed. Rogge told an interview with the insidethegames.com website Tuesday that the d... Earth TimesStudioCanal steps into 3-D International News: 'Around the World' to go worldwide -- StudioCanal, Europe's biggest film company, is putting its might behind 3-D, as stereoscopic entertainment ramps up across the region. VarietyAround The World With Texaco (Hardcover) newly tagged ``business`` Around The World With Texaco (Hardcover)By Charles Stuart Dennison 3 used and new from $23.89 First tagged 'business' by S. Quinn Customer tags: oil refining, history, oil production, oil industry, research, oil royalties, petroleum, business AmazonDom DeLuise Dies, Age 75 We’ve just learned that Dom DeLuise — who starred in such classics as “The Cannonball Run” and “Blazing Saddles” and was the voice of Pizza the Hutt in “Spaceballs” — died last night in a Los Angeles hospital. We’re told he passed away peacefully in his sleep at around 6 PM. He was 75. Let’s remember Dom [...] Female FirstEconomic developments around the globe Santiago, Chile » Chile's central bank says economic activity declined by 0.7 percent in March from a year earlier because of less industrial and mining production. The Salt Lake TribuneResearchers race to outmaneuver swine flu virus Scientists around the world are pursuing the tiny spheres each one half the size of the smallest bacteria and laden with 500 disease-bearing spikes that are the mysterious viral couriers of the swine flu outbreak. USATODAYWorld markets brush aside US stress test concerns LONDON (AP) -- World stock markets rose Wednesday as investor worries about the outcome of the U.S. government's stress tests of the country's 19 leading banks were allayed by better than expected economic and corporate news around the world.... The Arizona Republic1 2 3 |
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