Electronic Arts: Nintendo Saves the Day?

Electronic Arts' CEO, John Riccitiello has told analysts that "We are confident we have the right strategy for driving hits." This follows his statement to stockholders (and other interested parties) that, "EA is well positioned with the right strategies in a growing industry."

An upbeat statement from the man at the head of company that has just posted its ninth consecutive quarterly loss, but which is still seen as one of the most successful video game companies in the world.

So, which platforms helped and which hindered EA's figures? Easy... well, not so much; the company's net revenue figures for each platform for the quarter and year-on-year are....

PS3: Q4 2008 = $208m / Q4 2009 = $197m - down 5% year-on-year.
Xbox 360: Q4 2008 = $237m / Q4 2009 = $132m - down 44% year-on-year.
Wii: Q4 2008 = $79m / Q4 2009 = $126m - up 59% year-on-year.

The PSP was static, while the DS was down 13%.

So, if you're working at Nintendo you probably can pop over to EA's offices and demand a free drink and maybe a sandwich.

EA's figures for the 4th fiscal quarter (ending March 31st 2009) showed that revenues were "$860 million, down $267 million as compared with $1.13 billion for the prior year."

Net losses from those revenues were "$42 million, as compared with a net loss of $94 million for the prior year."

For the year this means that "net revenue was $4.086 billion, up 2 percent as compared with $4.020 billion for the prior year", and this resulted in a "net loss was $96 million as compared with net income of $339 million a year ago."

In terms of the detailed numbers... you can read these here.