Battlefield V Sales Vastly Underperform Sending EA Shares Plunging

07 February, 2019, 17:08 | Author: Sharon Yates
  • Viewers were first greeted by a serene image of some grass on the Apex Legends stream

It's great that EA and other companies are considering jumping aboard the cross-play train. Looking forward, we're delighted to launch Anthem, our new IP, to grow Apex Legends and related Titanfall experiences, to deliver new Plants vs. Zombies and Need for Speed titles, and to add Star Wars Jedi: "Fallen Order to our sports titles in the fall".

There's no knowing exactly what form this new game will take, but if it's coming in 2019, we could see it during the publisher's totally-not-E3 press conference, EA Play, in June. Q3 was a hard quarter for Electronic Arts and we did not perform to our expectations.

Apex Legends released for PC, Xbox One, and PlayStation 4 on Monday as the latest Battle Royale featured in the Titanfall universe.

Titanfall Dev's Battle Royale Apex Legends Officially Revealed
Be sure to read the entire piece over at Eurogamer , which provides some more detail about the development of Apex Legends . You may even start on the outskirts of the map and slowly work your way in, hoping that other squads pick each other out.


However, he admitted that this the competition they had to face was partially EA's own fault, noting that with the delayed release of Battlefield V from October to November, "the combination of a poor start in our marketing campaign with a longer development cycle that put us in a more competitive window", as quoted by Ars Technica. This number comes from $908 million in digital profits and $381 million from everything else.

The new figures showed a $90 million revenue shortfall against its projected annual revenue as the gaming giant, famously rated as America's most hated gaming company made $1.29 billion in 2018. Both of these numbers fell short of projections, however.

"FIFA stands out as a robust franchise through a tumultuous year in the video game industry", said COO and CFO Blake Jorgensen. He then goes into EA's future plans, stating that they're "refocusing R&D".

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