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EA investing $80 million into next-gen this year


electronicarts_46614_screenElectronic Arts, also known as EA, is apparently investing in the next generation of consoles.  To be more specific, it is investing $80 million in “in development of games for Gen4 console systems.”

CEO of EA, John Riccitiello took the stage at Nintendo’s last Electronic Entertainment Expo to confirm support for the Wii U, and suggest that Battlefield 3 could find its way to the system.  A Mass Effect game for the system has been teased but hopes of a Crysis 3 were squashed by representatives.

Present however, EA has reported a slight raise in net sales of $4.14 billion for the the full year ($3.59 billion was of the previous year).  All in all, with the investments EA is making, we are seeing a raise in revenues, net income and net sales compared to the previous year.  Bravo EA for thinking smart in this dreadful economy.

Riccotiello said in a statement “In the coming year, we break away from the pack, with a very different profile than the traditional game companies and capabilities that none of our new digital competitors can match.”

Source: GameSpot

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