Electronic Arts expects stronger 2014 slate
By Malathi Nayak SAN FRANCISCO (Reuters) – Electronic Arts Inc forecast fiscal 2014 earnings above Wall Street’s expectations as cost cuts take hold and higher-margin digital sales accelerate, lifting the video game publisher’s stock 8 percent. Electronic Arts, which like the rest of the industry is struggling as players migrate to more casual games such as "Angry Birds" on mobile devices, estimated fiscal 2014 profit, excluding certain items, of $1. 20 a share, beating an average estimate of $1. 10. . . .
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