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Despite a 9% drop in packaged revenues in 2009, the gradual economic recovery coupled with releases from major software franchises should cushion EA's bottom line.
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In the last quarter, Q1 FY2013, EA noted that GAAP net revenues for its digital business were $342 million, compared to $592 million for net publishing packaged goods revenues.
Net income climbed 2.2 percent, to $1.12 billion, or $1.15 a share, compared with $1.09 billion, or $1.09 a share, in the period a year earlier, as domestic package revenue increased.
For instance, packaging revenue was up 89 percent in the most recent quarter; the consumer printers and ink business was up 44 percent.
Sales at the company's U.S. package segment rose 1.2%, to $7.55 billion, while international package revenue jumped 10.4%, to $2.38 billion.
With the move of the EA Digital teams under Peter's direction, he will now have responsibility for all of EA's revenues globally – packaged goods and digital.
The agreement, which would create a packaged food company with revenue of about $18 billion a year, comes after a failed attempt last year, when Ralcorp rejected an earlier bid from ConAgra.
Starbucks, on the other hand, is seeing rising revenues from its packaged coffee business and seeks to strengthen their position in the market, as McDonald's and others try to put a foot in the door.
The accounting sleuths have, says HP, uncovered evidence that Autonomy bloated its sales, for instance by inflating revenue from software packaged with other firms' hardware.
In time, Microsoft said, it would essentially transform the heart of its revenue base from packaged software to subscriber-paid "interactive services".
And packaged foods alone should generate revenue of $3.03 trillion annually by 2020, according to forecasts from Allied Market Research.
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