Gaming giant Electronic Arts has revealed the results of its fiscal second quarter of 2007 and a slight dip in revenues and increase in losses has been noted. Gross profits were down 45 percent year-over-year and is currently at US$ 245 million. Madden NFL 08's big sales and Warhammer Online's delay were seen as major factors in the company's latest scorecard.

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Despite an 18% loss in revenue last quarter as compared to last year's, Electronic Arts is confident the launch of a number of holiday titles and an upcoming restructuring would put them back in the game. The changes will focus on efficiency and cost-cutting. Wedbush Morgan's Michael Pachter remains positive about the future of the studio, saying: "They appear to have costs under control and revenue growth is solid."

  

Hot off the big BioShock launch last week, more great games are coming to stores this week. Particularly eye-catching is that wham-banger Metroid Prime 3: Corruption. There's also a new Naruto game coming out on the PSP, and Stranglehold will smash in to the PC and Xbox 360 scenes.

Fighting games, racing titles and sports sims, as well as casual puzzle games are also in the mix. There's something for everyone, so dig in:

Metroid Prime 3: Corruption. The latest sequel to one of the most decorated game franchises of all time is due out tomorrow exclusively for the Nintendo Wii. Samus is back and this time, the Wii Nunchuk is her toy of choice. Old moves and new weapons converge to create a new mind-blowing experience for the genre.

• Wii- August 27, 2007
• US$ 49.99
• ESRB T (Teen)
• Nintendo

Blue Dragon. The Xbox 360 is getting one of the year's most anticipated RPG offerings. Behind this title are luminaries Hironobu Sakaguchi for the game's design, Akira Toriyama for the character design and Nobuo Uematsu for the musical score. Play as a boy named Shu who sets out on an epic journey with friends that will enchant you for hours on end.

• Xbox 360- August 28
• US$ 59.99
• ESRB T (Teen)
• Microsoft

More hot titles for all the platforms after the jump!

*Originally posted at 7:17AM on August 26, 2007

The list of the top 20 games was revealed in a recent press release by Chart Track. Certain games such as Spider-man 3 (1), Command and Conquer 3: Tiberium Wars (2), and The Elder Scrolls IV: Oblivion (4) are there but you might be surprised at some of the newer additions.

Need for Speed Carbon, The Sims 2: Pets and World Championship Snooker 2007 debuted at the 15th, 16th, and 17th slots respectively while Medal of Honor: Vanguard moved up one slot from its previous position at number 20.

Noticeably absent from the list is Lord of the Rings Online: Shadows of Angmar, which must have been edged out since the last survey was taken. Anyway, here's the complete list of the top 20 best selling games across all formats in the UK.

Top 20 best selling games in UK:

1. Spider-man 3
2. Command and Conquer 3: Tiberium Wars
3. Final Fantasy III
4. The Elder Scrolls IV: Oblivion
5. Tiger Woods PGA Tour 07
6. God of War II
7. BUZZ! The Mega Quiz
8. UEFA Champions League 2006-2007
9. Virtua Tennis 3
10. Harvest Moon DS
11. Crackdown
12. New Super Mario Bros.
13. TMNT: Teenage Mutant Ninja Turtles
14. Pokemon Ranger
15. Need For Speed: Carbon
16. The Sims 2: Pets
17. World Snooker Championship 2007
18. Sonic and the Secret Rings
19. Medal of Honor: Vanguard
20. Football Manager 2007