Square Enix Reports Large Profits; EA Announces Q3 Losses

February 9, 2010 by Andy Giff  

Final Fantasy XIII is Square Enix's next blockbuster release, coming out in March

Square Enix recently reported rather sizeable profit increases on a year-on-year basis, with increases in the many billions of Yen.

They have stated that their operating income increased by 68% from the previous year, to 21.4 billion yen and that net sales for the period were up 30% to 135 billion yen. Square obviously have the release of Final Fantasy XIII in Japan to thank for a lot of that, as well as Arkham Asylum which sold very well. This is pretty good news given the current economical climate and all that stuff that I am not going to pretend to be knowledgable about. Still, good to hear that a company is doing well.

At the same time, EA has announced a loss in quarter 3 of its fiscal year, despite various big-name titles. Games such as Left 4 Dead 2, Dragon Age and even FIFA 10 were not enough to stop the company from seeing a decline in profits from the previous holiday period.

However, with Dante’s Inferno already out as well as the massive Mass Effect 2, I don’t think it will be anything major to worry about for EA. With ME2 topping all the sales charts, it’s already looking like a good start to 2010 for the publishing giants.

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