Wednesday, February 6th 2019
EA Stocks Dive 13% With Disappointing Battlefield V Sales, Mobile Revenue
EA stocks today have taken a dive of 12.83% (17% at the worst case scenario, with a slight rebound in the meantime), at the moment of writing, compared to their opening hours. The descent, which represents a dip towards a $80.61 valuation per share compared to the $92.52 at the opening market, followed the release of the company's Q3 FY19 Financial Results, caused by lower than expected sales from Battlefield V and lower than expected revenue from EA's mobile efforts. This is capitalism at its finest - the 7.3 million sales of Battlefield V (an impressive number by any metric) fell close to a cool million short of projected sales by this time, and that is enough for the market to correct their expectations.
EA's mobile business saw a YoY fall of 22%, which did little to assuage investors and provide a positive note for the underperforming Battlefield V. It's interesting to note how interesting the markets can be: on the surprise announcement of the new, Respawn-developed Apex Legends, there was no significant change in EA's stock valuation, despite this launch meaning a new, hopefully rich, revenue source for the publisher. Although considering TechPowerUp's overall sentiment regarding that games' launch (not representative of the entire community), it seems that EA won't be banking much on our users.
Sources:
EA, WCCFTech
EA's mobile business saw a YoY fall of 22%, which did little to assuage investors and provide a positive note for the underperforming Battlefield V. It's interesting to note how interesting the markets can be: on the surprise announcement of the new, Respawn-developed Apex Legends, there was no significant change in EA's stock valuation, despite this launch meaning a new, hopefully rich, revenue source for the publisher. Although considering TechPowerUp's overall sentiment regarding that games' launch (not representative of the entire community), it seems that EA won't be banking much on our users.
24 Comments on EA Stocks Dive 13% With Disappointing Battlefield V Sales, Mobile Revenue
My favourite BF ever was 2142. I loved that game.
Give us games that WE WANT TO PLAY, free of loot boxes and the pay-to-win attitude!
This is a no-brainer EA. Long gone are the days of Dr. J vs Larry Bird...
And a lot of people didnt.
The fact that 7.3 million people bought BFV is saddening and sickening.I'm just sitting here hoping that DE puts mechs in Warframe.
slow down speed of all movements, shooting, weapons changing (no insta-nading by keypress), zeroing in, including vehicles
make one shot kills by 'mousegods' harder
take the "tournament" concept and the stress out
and yes BF5 looks good but I rarely feel like playing it :-)
“I have a 13-year-old daughter that when the trailer came out and she saw all the flak, she asked me, ‘Dad, why’s this happening?' She plays Fortnite, and says, ‘I can be a girl in Fortnite'.[...] Today gaming is gender-diverse, like it hasn’t been before. [...] We stand up for the cause, because I think those people who don’t understand it, well, you have two choices: either accept it or don’t buy the game. I’m fine with either or. It’s just not OK.”
Well ... it seems to me that consumers have done what Mr. Sunderlund expected and they made their decision.
Also, good thing his daughter did not played Disney's G-Force at that time for example. Although I will not say, it would be interesting to see a guinea pig shooting the Nazis in BFV ;)))
Also, I would never come up with the idea of requiring other characters from the creators of the game...
While I don't consider the latest few Battlefails that special, I really feel sorry for things like Failout 76.
P.S. Hope we get KOTOR 3 and they finally kill SWTOR that's been in an undead state in the last 2-3 years.