Electronic Arts Offers an Upbeat Forecast
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Shares of Electronic Arts surged more than 5 percent after the video game publisher gave confident forecasts for growth over the next three years.
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SAN FRANCISCO (Reuters Life!) - Video gamers, finally  emerging from the pixilated haze brought on by last year's  bumper crop of best-selling titles, are now turning their  attention to upcoming releases.
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The video game maker exceeded Wall Streetâs earnings expectations despite a 38 percent drop in third-quarter sales.
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By Bernhard Warner LONDON  - Video game giant Electronic Arts expects to sell 2 million units of the "Sims 2" video game this year in Europe, proving skeptics wrong that you can't build a market around female gamers.
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Magazine group Emap says it will deliver earnings in line with forecast, despite weak sales for consumer titles.
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For players with ambitions to develop games, Electronic Arts must appear to be the best place in the world, but there is unhappiness among those living that dream.
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Electronic Arts Inc  posted a 44 percent rise in quarterly profit on Thursday and gave forecasts in line with Wall Street estimates, but shares  in the world's top video-game publisher fell 6 percent.
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The graphics chipmaker is optimistic about the future, but competitors aren't standing still.
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Despite an expected cyclical downturn in sales, the video game industry is poised to enjoy a record-breaking holiday season.
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Video-game software publisher Electronic Arts Inc. said Thursday it swung to a loss in the third quarter, hurt in part by the way it accounts for online-enabled games, but adjusted earnings met Wall Street's expectations.
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Video game giant Electronic Arts says it wants to become the biggest entertainment firm in the world.
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There&#39;s a balance to making a sequel to a successful video or computer game. The developer, at the very least, is expected to match the quality of the first game.
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Profits may disappoint, but revenue strength is evidence that the game company is a relevant player.
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Game consoles doing so well, company needed to revise 2007 financial forecasts.
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Shares of Electronic Arts Inc. rose more than 6 percent Friday, after adjusted fourth-quarter earnings exceeded Wall Street's expectations. But financial analysts wondered whether the world's biggest video game publisher was becoming overvalued.
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SAN FRANCISCO &#151; Electronic Arts Inc. said Thursday that sales of its latest "Madden" football video game grossed more than $100 million in its first week, the biggest launch in the franchise's 17-year history and the latest sign of an improving outlook for the industry.
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Electronic Arts will release its latest Mac title, Spore, later this year.