- BUSINESS Electronic Arts’ net revs for the fiscal year ended March 31st, 2008 were $3.665 billion, up 19 percent as compared with $3.091 billion for the prior year. Beginning in fiscal 2008, EA no longer charges for its service related to certain online-enabled packaged goods games. As a result, the Company recognizes revenue from the sale of these games over the estimated service period. The Company ended the year with $387 million in deferred net revenue related to its service for certain online-enabled packaged goods games, which will be recognized in future periods. EA had 27 titles that sold more than one million copies in the year as compared to 24 titles in the prior year—Redwood City, California
- BUSINESS According to PC World online, if you happen to own an AMD-based PC, watch out if you’ve just upgraded to Windows XP Service Pack 3. Owners are reporting the upgrade causes constant reboots and occasional system crashes. In particular, Hewlett-Packard machines with AMD chips are suspect… of course, Microsoft is “aware of these issues and we are investigating them further.”
- Simtrol’s New CEO + President
Simtrol, Inc., a firm that develops software for managing devices such as display monitors, video cameras, and medical equipment for digital signage, security and surveillance and health markets, now has a new CEO & President. He is Oliver M. Cooper III and he was also appointed to the firm’s Board of Directors. He was formerly the CEO at Manhattan Associates Inc, helping the company through its IPO and sales growth from $14 million to $82 million—Norcross, Georgia
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