Daily Marauder


GAMING by Marauder
May 7, 2009, 11:01 PM
Filed under: GAMING

GAMING

Thanks to significant cost-cutting, video game publisher Electronic Arts narrowed its net loss in the company’s fiscal fourth quarter, which ended March 31. EA reported revenue of $860 million, a 24% decrease from the comparable period in 2008, and a loss of $42 million, which was a big improvement over the $94 million it lost in the year-earlier time frame. The Wall Street Journal (5/6) , CNET (5/6)

With its recession-busting Wii home-gaming console and its DS portable platform, Nintendo reported an annual profit for the year ended March 31 of $2.8 billion. And the company remains bullish on the future: It forecast a 7.5% increase in profit through March 2010. The Washington Post/The Associated Press (5/7)

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