EA set to invest $80 million in next-gen in FY 2013

  • Posted May 7th, 2012 at 17:59 EDT by Adam Dolge

EA plans to invest $80 million in FY 2013 towards the development of next gen games. When these games will release is still up in the air, but it’s not a stretch to believe we’ll at least hear more concrete news about next-gen consoles and games given EA’s announcement to investors today.

Mass Effect 3 sales have totaled more than $200 million, while digital sales are at $1.2 billion—FIFA 12’s digital content accounted for $108 million of that total. The company’s FY 2012 revenue was $4.14 billion, while income fell from $276 in FY 2011 to $76 million in FY 2012.

The company plans layoffs by September, but will ultimately grow by more than 9,000 employees by end of FY 2013 in a restructuring toward digital

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