UK IGN is reporting that for the 3rd Quarter ’08, EA has lost $641 million dollars. EA has announced they’ll be closing 12 facilities worldwide. CEO John Riccitiello had this to say about the news :

“Our holiday quarter came in below our expectations and we have significantly reduced our financial outlook for fiscal 2009, a clear disappointment….We delivered on game quality and innovation in calendar 2008, with 13 titles rated 80 or above – more than any third-party publisher. We expect to build on this great quality record in the year ahead while delivering more profitability.”

For the quarter, Fifa 09 led the way with 7.9 million units shipped. Rock Band 2 was second, with 1.9 million units.