Tuesday, March 30, 2004

BusinessWeek Online: BW Magazine: The BusinessWeek 50

BusinessWeek Online: BW Magazine: The BusinessWeek 50 Check it out -- #10 is Electronic Arts, i.e., a game software company.
"If the videogame business really is slowing down because consoles like Xbox and PlayStation2 are getting old, it hasn't hit Electronic Arts yet. EA has become a software juggernaut behind blockbuster franchises such as The Lord of the Rings and Madden NFL Football. But the Redwood City (Calif.) company has depth, too: With 12 studios around the world cranking out titles, EA delivered 27 hits last year that sold more than 1 million copies each. EA grabbed 22% of total game software sales in 2003, up from 18.6% in 2002. And with margins of 17.6%, it is a profits machine.
Industry: Software & Services
Sales: $2.8 billion
Net income: $496.5 million"
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