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EA ends 2011 on high note: financial results show best performance in years

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Electronic Arts has posted financial results from the final quarter of 2011, revealing that last year's holiday season saw the company operating at its highest cash-flow in almost eight years. CEO John Riccitiello cited Battlefield 3 and FIFA 12 as key factors in the company's positive results, with both titles selling over 10 million units.

Riccitiello also cited “a strong showing by our digital games and services,” with the company's Origin platform having generated more than $100 million and 9.3 million registered users since its June 2011 launch. Star Wars: The Old Republic, launched to capitalize on the 2011 holiday season, sold more than 2 million copies and generated 1.7 million active users in just over a month of sale, the company says (it's previously projected the title would become profitable with less than half that player-count). Overall digital revenue exceeded $1 billion for the calender year of 2011.

EA reports that it held the #1 market share in both European and North American territories, with 3% growth in the former and 1% in the latter region. The company also reports that it was the top game publisher on Apple's App Store for the month of December, driven by the company's first free-play mobile title, The Sims: FreePlay.

Overall revenue exceeded the company's high-end projection by $1 million, with the company posting a net earning of $1,651 million.

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7 comments

  • Jacko415 - February 2, 2012 11:02 a.m.

    Hurray! We all just gave them incentive to keep doing what they want with absolutely no regard for gamers!
  • Imgema - February 2, 2012 8 a.m.

    "But piracy is killing us!! Lets ban the whole internet nao!!!"
  • InstantTitKill - February 1, 2012 6:10 p.m.

    Damn, I was hoping they would have a terrible year sales-wise so they would quit with this origin bullshit. Companies like EA and the like are always really bad at interpreting consumers reactions, if battlefield sold well on PC they will probably interpret it as if consumers liked origin. Battlefield 3 sold well DESPITE origin, whenever I see someone online saying they didn't buy the game it saddens me so much because the game is actually really good and the I have to admit that the launcher/server list thingy is actually pretty good and far far superior to the one in BF2 which was a buggy piece of shit. That still doesn't justify it's existence, though, since it's fucking pointless to have drm in multiplayer games. Ask any pirate what games they don't pirate and they will say multiplayer games, EA are simply drooling idiots blinded by their fucking greed. They need to get their head out of their ass and go suck Gabe's dick like everyone else, it might be a dick but it's still the tastiest dick in the entire industry. Instead EA is choosing to force their own stinky, unwashed, Spyware-DRM-Dicks down everyone's throats.
  • Travia220 - February 1, 2012 8:30 p.m.

    Origin only brought them 100million in revenue.. that's less than 10% of their overall revenue from digital sales. I wouldn't call that a booming success.
  • InstantTitKill - February 3, 2012 7:19 a.m.

    That the Origin STORE, not the BF3 launcher, that is just something required to play the game.
  • Travia220 - February 1, 2012 4:54 p.m.

    Origin Generated 100million. Forbes Estimates Steam at 2-4Billion. haha.. Poor EA. Must be nice missing out on some of those profits eh EA.
  • ChrisCultista - February 1, 2012 3:13 p.m.

    No wonder the games industry is in the shitter...

Showing 1-7 of 7 comments

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