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EA Invests $80 Million In Games For "Gen4 Console Systems"

The next generation of consoles is coming; it's only a matter of time, so get ready.

Consumers can afford to wait but not big game publishers like Electronic Arts. EA has revealed that theyr'e investing $80 million "in development of games for Gen4 console systems."

We've already heard about a couple new titles that could feasibly end up on the Wii U (including Battlefield 3 and the upcoming Crysis 3), but Sony and Microsoft haven't announced their new machines yet. Still, EA must know a little something at least, as they prepare for the new generation. In terms of current financials, EA posted net sales of $4.14 billion for the year, which is up from the $3.59 billion reported in the previous year. EA also got back to profitability, enjoying a net income of $76 million; a big difference when compared to the $276 million loss from the year before.

The company's digital business is kicking up big time, as that brought in $1.2 billion for the year; downloadable games, subscription fees, add-on content, and mobile and social platforms are obviously doing well for EA. But we're more interested to learn about the new next-gen stuff they have in the hopper...of course, we'll probably have to wait until Sony and Microsoft's new consoles are actually revealed.

Tags: ea, electronic arts, next-gen, next gen consoles, ps4, playstation 4

5/7/2012 9:04:46 PM John Shepard

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Comments (6 posts)

Monday, May 07, 2012 @ 9:55:46 PM

I'll bet a big slice of that is going to a new Mass Effect trilogy.

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Tuesday, May 08, 2012 @ 6:44:46 AM

Oh man that'd be awesome.

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Tuesday, May 08, 2012 @ 1:29:09 PM

I really do think that universe is here to stay, the disappointing ending notwithstanding.

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Lawless SXE
Tuesday, May 08, 2012 @ 2:04:32 AM

Hmm... considering the explosion in development costs this gen, something tells me that this will allow production of three AAA games tops. Shocking, I know.

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Tuesday, May 08, 2012 @ 4:54:15 AM

is that all?
seriously someone needs to tell EA that wont get them much!
if the rumoured budget of 150 mill for SW is right imagine what they would chew through for next gen games.

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Friday, September 07, 2012 @ 12:21:31 AM

Um... am I the only one who remembers the 20 years of consoles and four generations that came before the PS1? The current console generation is 7 and the next gen is 8.

Stupid Ass EA.

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