Technology | Electronic Arts Profits Burnout at Electronic Arts Game maker loses money despite soaring game sales By Rob Quinn Posted Feb 1, 2008 1:08 AM CST Copied Two popular Electronic Arts games on display at Best Buy in Mountain View, Calif., Monday, Oct. 15, 2007. (AP Photo/Paul Sakuma) (Associated Press) Video game sales are at an all-time high but the world's largest independent publisher of them has reported a third-quarter loss, reports the AP. Electronic Arts says the loss is down to restructuring and accounting changes. Revenue was up 17%, but the company saw its share of the market slip in Europe and North America and could face a difficult 2008. "Losing share is just not acceptable," said Electronic Arts' chief executive. Delays to expected hits Battlefield: Bad Company and Mercenaries 2: World in Flames are likely to result in losses next quarter as well, but analysts think the firm's strong line-up will keep it ahead of rivals later in the year. Read These Next A game of doorbell ditch turns fatal for 11-year-old. Is India, under hefty tariffs, turning away from the US? Guy accused of snatching hat from boy at US Open IDed as rich CEO. At Colorado airport: collision, flames, death. Report an error