You've got to love the consistency of Electronic Arts (Nasdaq: ERTS). While other video game software companies rise and fall as they publish trendy titles, and while console makers Microsoft (Nasdaq: MSFT), Sony (NYSE: SNE), and Nintendo (Nasdaq: NTDOY) play limbo with falling prices, EA just keeps moving along. The industry bellwether closed out fiscal 2004 with nearly $3 billion in net revenues. That 19% spurt produced a whopping 82% surge in earnings. And where most game developers will be lucky to have a hit or two in any give year, EA produced 27 different titles that sold a million units or more.
|