Game industry business news

Sony expects to sell 10 million PS3 units in the next financial year. That’sonly slightly up from up from the 9.24 million the firm this morning announced it had shifted for the 12 months ending March 31st, 2008. PSP hardware sales – which led the way for the PlayStation family …

Global PS2 sales may have declined by over a million units in Sony’s last fiscal year , but the console was still the firm’s leading light in the 12 month period – selling over four million units more than successor PS3. Handheld PSP outsold the pair, clocking up 13.9 million …

Electronic Arts has revealed that it took 20 per cent of all software sales in Europe in the last year – and 19 per cent in the North America. The company said the success makes it the leader in the independent publisher sales chart on both sides of the Atlantic …

The full transcript of EA’s earnings calls following the announcement of its Q4 and full year fiscal results is available online now . In the discussion with investors, EA CEO John Riccitiello, CFO Eric Brown, COO John Pleasants and more top execs discuss subjects ranging from the firm’s fiscal outlook …

Electronic Arts boss John Riccitiello has stuck the knife into the state of PC gaming – but backed the casual sector to strengthen the format. Riccitiello said that the figures suggesting the PC market was slowing didn’t take into account the success of microstransaction and subscription models. However, he added …

Sony’s PlayStation division logged an operating loss of 124.5 billion Japanese Yen ($1.18bn), shrinking from the 232.3 billion ($2.2bn) loss reported a year earlier. The performance helped spur the Sony Corporation to an impressive results – with net income alomst tripling year-on-year to 369.4 billion Yen ($3.76bn). The firm’s PlayStation …

Electronic Arts has revealed that Harmonix/MTV’s Rock Band sold more than 1.5 million copies during the three months to March 31st, 2008. According to Gamasutra, in its coming year, EA said the company plans to release some 55 games, including 30 for PS3 and Xbox 360, over 20 for the …

Electronic Arts CEO John Riccitiello isn’t just interested in GTA IV because it’s owned by acquisition target Take Two – he actually loves” playing the game. Speaking in a earning call with investors following EA’s announcement of its fiscal results last night, Riccitiello refused to give away any more information …

Electronic Arts has revealed that its software took more revenue from PS2 than any other home console during its FY 2007-2008 – helping the firm take more than $3 billion in annual sales. The ageing system provided $601 million in the 12 months to March 31st, 2008. Second best performing …

Electronic Arts has posted a $454 million net loss for the year ended March 31st, 2008 – down from a net profit of $76 million in FY 2006-2007. The company’s acquisition of development duo Bioware and Pandemic back in October, 2007 took its toll on the figure – a combined …