The investors, however, think otherwise! Who’s in the wrong?
On Google Finance, you can see how Electronic Arts‘ stocks have dipped from Thursday to Friday, closing the day with a roughly 2.49% minus on NASDAQ. CNBC reports that Wall Street has lowered the publisher’s financial expectation prospects.
Multiple analysts believe that Electronic Arts will not be able to reach the game’s target of fourteen million sales by the end of March, which could happen due to the first reviews being lower than expected, and there’s also a doubt about whether the Star Wars players will spend more in-game than those who play Electronic Arts’ sports games…
Despite all these events, Electronic Arts‘ latest securities filing mentions that the company doesn’t expect its financial bottom line to be hit by the disabled microtransactions. (That was expected, though: they said that this disabling thing is just temporary. Money talks, as always…) We’ll see in their latest quarterly report at the end of January whether they were right about their predictions or not…
Source: Google Finance, CNBC, Electronic Arts
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