More Reviews
REVIEWS Splatoon Review
It's like Double Dare found love with a roll of sushi and made a beautiful, action-packed Wii U game.

Schrödinger’s Cat and the Review
Is this unusual science-themed game full of life or dead on arrival?
More Previews
PREVIEWS Trine 3: The Artifacts of Power Preview
The popular puzzle-platforming series moves from 2D to 3D, but will it be a flawless jump or a headlong dive into a bottomless crevasse?
Release Dates
NEW RELEASES LEGO Jurassic World
Release date: 06/12/15

Deception IV: The Nightmare Princess
Release date: 06/14/15

RIDE
Release date: 06/23/15


LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP oblivion437     In all the talk of graphical downgrades no one seems much preoccupied with 'why?'.  Why build something and then proceed to tear it down, piece by piece, in the hope that ever more diminished expectations about the final product won't be severe enough to...

GAMING NEWS

EA Stock Down 40% Since January

Posted on Thursday, June 21 @ 14:56:38 Eastern by


A report by GamesIndustry shows how Electronic Arts' valuation has sharply fallen since the start of the year, while Zynga and THQ also struggle to navigate through these hard financial waters.

The report goes onto compare EA's stock with NASDAQ as well as other developers like Activision Blizzard and Take Two, proposing that, by the numbers, Electronic Arts is in trouble against its own peers. It goes onto suggest the investor's lack of confidence in EA and of its leadership by John Riccitiello, citing their frustration with his plan which is "presently in year five of a three-year transformation project that's actually going to take seven years".

The poor performance of Star Wars: The Old Republic, which will likely turn free-to-play soon, is also at fault for their stock's decline.

The good news, however, is that the year is far from over. It still has plenty of sports titles waiting in the wings, like NHL 13, FIFA Soccer 13, NCAA Football 13, and of course Madden NFL 13. Both Medal of Honor: Warfighter and Need for Speed Most Wanted could help bolster their numbers in the last quarter while Dead Space 3 looms in February 2013. Besides, we need people to buy low and sell high, right?

[Source]
Tags:   Electronic Arts
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.


More from the Game Revolution Network




comments powered by Disqus

More On GameRevolution