EA Net Profit

[Burwood123]

Was browsing WolframAlpha, and stumbled across this http://www.wolframalpha.com/input/?i=Electronic+arts . In the fundamentals it says Net Profits: -"749 million. Anyone wanna enlighten me? I have a very lapse grasp on markets and money in general, but im sure that means EA is in debt, right?

 

[insaneHoshi]

im just spit balling but it looks to me that that is just the stocks of ea not ea them selves, i think it just means that the stocks are down from where they were last year. i think...

 

[insaneHoshi]

Nope im wrong that just means exactly what it looks like, but it doesnt mean their in dept, that would of depended where that 749 million came from

 

[soapyshooter]

That doesnt necessarily mean they are in debt. They haven't made a profit this year. Now if their operating costs were higher than the Income then they would be in trouble. The net profits are whats left after you: Income-operating costs. That means the OC is higher than whats coming in. To combat this they would cut jobs and studios (RIP Pandemic)

Thats a simple explanation, there is a lot more to it though.

 

[Sexual Harassment Panda]

God damn these numbers are high! If they brought in 3.5 billion, well...would be interested to know what they spent it all on this year...maybe they secretly bought pokemon, or a small country.