GS:EA's chief financial officer Blake Jorgensen returned to the company during an interesting transitional period this year, as CEO John Riccitiello's leaner, hits-focused company pares down on what's not working anymore (i.e. Facebook) and prepares for the costly transition to a new generation of dedicated game consoles.
EA just hosted its quarterly financial conference call, and its executives have been asked to comment about the recent price hikes for games.
Today, Electronic Arts announced its financial results for the fourth quarter of its fiscal year 2025, alongside the full year.
Split Fiction has sold nearly 4 million copies, and the next battlefield is confirmed for a release by March 2026 with a reveal this Summer.
In addition to the roughly 100 job cuts IGN reported earlier today at Respawn Entertainment, EA has made wider cuts across its organization today, impacting around 300 individuals total including those already reported at Respawn.
Absolutely insane. Man I'm hope they land on their feet EA needs to get the shit together badly....
This is why this industry has slow releases and none compelling games.
Why would anyone willingly work in the VG industry or specifically for one of these globocorp organizations that put you in constant fear of losing your livelihood based on terrible choices made by idiotic management, not the people with talent making the actual games?
"We recently heard from Riccitiello, who said that the company is investing heavily in what it's calling "gen-four" consoles: the next systems from Sony and from Microsoft but not, in his estimation, Nintendo's Wii U."
Nintendo never really had strong 3rd party support since SNES.
Interesting points. Somewhat telling that it doesn't sound like used games are going away. He also seemed to think the pricing on the new systems won't be up at $600, as it isn't as big of a monetary jump. We will find out shortly. I love this time of speculation before consoles are revealed. It's like the early stages of dating, lol.
Origin Box exclusive to Time Warner Cable.
@SAE. Yeah but this time the gap won't be anywhere near as big
In terms of sales The PS2 is also proof that specs don't matter. It was much weaker than the Xbox/Gamecube but blow out the sales just like the wii. The Console with the best tech hasn't sold the most in a long long time.