Gameguru Mania Updated:10:44 AM CEST Sep,20
66 lottery login

91 club

okwin

bdg game

55 club

Playbonus.ca
CONTACT
Please e-mail us if you have news.

(c) 1998-2025 Gameguru Mania
Privacy Policy statement
SEARCH:
 Gameguru Mania News - Nov,29 2017 -  
Electronic Arts Loses $3 Billion in Stock Value - briefly
(hx) 06:24 PM CET - Nov,29 2017 - Post a comment / read (3)
EA stock is down 8.5 percent this month and CNBC is attributing that fact to the latest EA stunt with loot boxes and unlocks in Star Wars Battlefront II. Furthermore, analysts believe the micro-transaction model EA is using may not be viable going forward and it really didn't help that Battlefront II didn't sell well over the Black Friday shopping period. I think the EA chickens are coming home to roost.
EA's stock is down 8.5 percent month to date through Tuesday compared with the S&P 500's 2 percent gain, wiping out $3.1 billion of shareholder value. Its competitors Take-Two and Activision Blizzard shares are up 5 percent and 0.7 percent respectively during the same time period.

After EA gave a December quarter sales forecast slightly below Wall Street estimates on Oct. 31, some analysts suspected it was due to the "Stars Wars" title. The shares fell 4 percent the following day.

Then an uproar began after details about the game's character progression were revealed, a system so tedious players are resorting to rubber bands on controllers to acquire credits to level up.

The gaming community flooded social media and Reddit with thousands of negative posts, saying EA is unfairly compelling consumers to spend more money through micro-transactions for content that should be part of the initial $60 game price.

The controversy seems to be hurting the sales of the game, which was officially released on Nov. 17.
Though the company suspended microtransactions based on the pay-to-win outrage from many fronts (possibly including IP owner Disney itself), Jorgensen says they are still hoping to add them back into the game. They quote him as saying "We're not giving up on the notion of MTX [microtransactions]," because they are looking at "layering in another economic model to try and make up for some of the economics you lose" by not selling DLC.
last 10 comments:
gx-x(08:17 PM CET - Nov,29 2017 )

Csimbi(09:23 PM CET - Nov,29 2017 )
lol

Seriously though. Greed, greed, greed. That's all there is to EA.

lorcro2000(01:47 PM CET - Nov,30 2017 )
Yeah, screw that "make the best game you can and collect a reasonable profit" garbage. it's now all about maximum profit at any cost. These jokers are savaging the entire damned gaming industry with this garbage and I'm glad they're bleeding value. They richly deserve to. May it not stop here.

All comments
 Add your comment (free registration required)


Related news:
Electronic Arts cancels Black Panther game, closes Cliffhanger Games - briefly (May 31 2025)
Electronic Arts lays off hundreds of staff, cancels early-stage Titanfall - briefly (May 01 2025)
Electronic Arts and Marvel Games announce long-term deal to develop ‘at least three’ new games - briefly (Nov 01 2022)
Here's How Electronic Arts Became One Of The Most Hated Companies In America - briefly (Dec 28 2021)
Electronic Arts hacked, FIFA 21 source code stolen - briefly (Jun 11 2021)
Electronic Arts has acquired Codemasters - briefly (Dec 14 2020)
Electronic Arts showcases next-generation hair rendering - tech (May 21 2019)
Electronic Arts Reports Q4 and Full Year FY19 Financial Results - briefly (May 08 2019)
Electronic Arts Stock Falls 14% - briefly (Feb 06 2019)
Electronic Arts talks DRM - interview (Jun 12 2013)
Electronic Arts Announces Origin Download Service - briefly (Jun 03 2011)
Electronic Arts Reports Q3 FY11 Financial Results - briefly (Feb 03 2011)
Electronic Arts Updates Its Release Schedule - briefly (May 12 2010)
1,500 Jobs Cut at Electronic Arts - briefly (Nov 10 2009)
Electronic Arts Staged Fake Protest At E3 - briefly (Jun 06 2009)
US Army to Test New Electronic Ignition Weapons - tech (Jan 27 2006)
Electronic Arts Gets Lord of the Rings - briefly (Jul 25 2001)
Electronic Entertainment Expo (E3) 2001 Info - briefly (Apr 24 2001)

related cheats/trainer:

Electronic Popple [cheats]
Electronic Super Joy: Groove City [cheats]
Trackmania Nations Electronic Sports World Cup [cheats]


 External links
Awesomenauts - Electronic Supersonic Cybertronic Rocco Skin PC game found on STEAM...
Electronic Evolution PC game found on STEAM...
Electronic Popple cheats PC found on CHEATBOOK...
Electronic Squash PC game found on STEAM...
ELECTRONIC STOCK TRADING SYSTEM PC game found on STEAM...
Electronic Super Joy cheats PC found on CHEATINGDOME...
Electronic Super Joy cheats Xbox One found on CHEATINGDOME...
Electronic Super Joy cheats PS4 found on CHEATINGDOME...
Electronic Super Joy cheats PC found on CHEATBOOK...
Electronic Super Joy PC game found on STEAM...
Electronic Super Joy - A Hot Sticky Mess DLC PC game found on STEAM...
Electronic Super Joy 2 PC game found on STEAM...
Electronic Super Joy 2 - Gold Edition PC game found on STEAM...
Electronic Super Joy 2 - Groove Wizard's Tower PC game found on STEAM...
Electronic Super Joy Bonus Content PC game found on STEAM...
Electronic Super Joy Groove City cheats PC found on CHEATINGDOME...
Electronic Super Joy: Groove City cheats PC found on CHEATBOOK...
Electronic Super Joy: Groove City PC game found on STEAM...
Electronic Universe PC game found on STEAM...
Electronic World Z PC game found on STEAM...
Electronics Circuits Simulator PC game found on STEAM...
Electronics Puzzle Lab PC game found on STEAM...
Electronics Puzzle Lab Demo PC game found on STEAM...
From Bedrooms to Billions: The Amiga Years: Trip Hawkins - Founding ELECTRONIC ARTS PC game found on STEAM...
JASEM: Just Another Shooter with Electronic Music cheats PC found on CHEATINGDOME...
JASEM: Just Another Shooter with Electronic Music PC game found on STEAM...
Jigsaw Puzzle World - Electronics PC game found on STEAM...
MC6T - Cakewalk Expansion Pack - Electronica PC game found on STEAM...
Neptunia Virtual Stars - Electronic Fairy Project x Kokounoakumu-Nightmare- Pack PC game found on STEAM...
RPG Maker MV - Retro and Electronic Game Music PC game found on STEAM...
RPG Maker MZ - Retro and Electronic Game Music PC game found on STEAM...
RPG Maker VX Ace - Retro and Electronic Game Music PC game found on STEAM...
Slash it 2 - Electronic Music Pack PC game found on STEAM...
Trackmania Nations Electronic Sports World Cup cheats PC found on CHEATBOOK...
Visual Novel Maker - Retro and Electronic Game Music PC game found on STEAM...
VTOL VR: EF-24 Mischief - Electronic Warfare PC game found on STEAM...
Word - Electronic Playlist PC game found on STEAM...
Word - Electronic-Industrial Playlist PC game found on STEAM...
Xpack - SD3: Digital Sound Factory - Electronic Kits PC game found on STEAM...