Speaking this evening in the US, as the publisher's financial results for the year ending March 2009 were revealed, chief revealed that the company made a loss of nearly 1.1 billion USD.

Despite the huge loss, were actually up 15 per cent to 4.2 billion over the year, the firm adamant that good times are just around the corner following heavy investment.

"EA's strong cost actions in Q4 FY09 together with our investments in our service businesses will set us up for a stronger FY10," assured CEO Riccitiello.

"EA is well positioned with the right strategies in a growing industry."

During the briefing, EA confirmed that 09, NDL 09 and Undercover have all sold in excess of five million copies each, while sales also topped two million.

On a more positive note for EA, the publisher also saw game revenues rise some 14 per cent over the year, showing that the company is starting to make Nintendo's system pay.

By Luke Guttridge