Electronic Arts has announced the fiscal quarter results for July through September. Revenue for the period topped out at $675 million with profit just over $50 million. Both figures were down about almost $50 million from the previous year because of repositioning and ramping up for next generation XBox 360 and Playstation 3. Madden 06, NCAA Football 06, FIFA 06, NBA Live 06, Burnout Revenge and the Sims 2 expansion all sold at least a million copies, with several other games passing the half million mark. Madden 06 is the best selling console game of the year so far, and EA now owns 75% of the sports game market. During the quarter, NBA Live also passed the $1 billion mark in lifetime revenue for the franchise. EA plans to make $1.5 billion in the next three months, for year-end sales of around $3.33 billion. They're still actively looking for properties to acquire too. This morning they obtained an exclusive license for games featuring The Simpsons.
'Simpsons' Executive Producer James L. Brooks, speaking on behalf of Gracie Films, stated, "I think this is a great opportunity for us, primarily because it brings with it the possibility of free EA games."
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