Morgan Stanley downgraded Electronic Arts from Overweight to Equalweight with a price target of $120.00 (from $126.00).
Ouch EA this is what you get when you bite the hand that gives.
Still a fun game. Been destroying with Iden Versio
It's not a fun game at all, their first crack at it was better and even that was dull.
It is fun. I love using Iden in MP. The phone is great too. Hopefully they add space battles to the offline portion.
Meant to say the "offline" is great too.
Not really. I mean if you take away all the shit surrounding the game like the MTs or Lootboxes the game is pretty buggy and looks pretty generic. Star Cards, Loadouts and weapon mods need to go.
Ironic: EA implements a loot system to increase their stock price and please investors. Instead, gamers massive backlash leads to decreased stock price and angry investors.
Here for the down votes....The game is fun...
Most people did not sell out buying this game, and most of the ones that got the game got it used, or late. By getting it used they benefited from us FORCING them to take out most of the micro transactions before releasing it. Where are all the sellouts that said we accomplished nothing but delaying the inevitable? Where are all the sellouts that said it was just a temporary stock drop? Where are all the fools that defend greed and wickedness because they had some fun selling out because they liked a game? Where are you now sellouts? Billions$ of dollars lost will speak for the future, and to future EA's and EA about what we will allow in our industry. No thanks to the sellouts.
There is only one thing that I have plenty of on my PS4, , XBOX, AND PC and not on my SWITCH and that is EA. EA is the reason that SWITCH is doing so good. https://www.gamespot.com/ar... LOL I kid,,,,,I kidding!.....(or am I?)
couldn't have put it better.
they could make a game about rape that auto raped your wallet everytime you completed a level, and gangraped your wallet if you dared not to play it. but as long as it was 'fun', you assclowns would show up every thread for the apathetic downvotes.. 😶 🔫
EA just can't help themselves. They have to needlessly do things that ultimately damages their games and now its costing them money in overall sales and the value of the company. Nice work EA.
Hopefully this is a trend us gamers keep with all microtransaction bullshit. We need companies to understand that MT is acceptable in small amounts (cosmestics). But when your premium game is 50% MT after the original purchase. That's taking g the piss, and we won't stand for it. Hopefully enough damage is done for EA to tread lightly next time.
Disagree. MTs are not acceptable in any full priced retail game. It was a business model designed to fund free to play games and that is the only place where they are justifiable. Outside of that they are pure greed and little else.
@lightofdarkness (can't seem To reply directly). I agree no microtransaction should be in any games. But we know that their going to be there. If it's just for cosmetic stuff. Then it won't effect the game in any shape or form. It's when we have characters and special moves locked behind a pay wall or a special weapon. It's where the line has been crossed. I miss the good old days where everything was an unlockable. But we have long moved on from that and I doubt we'd ever get back to that point again.
Many times, corporations end up screwing themselves, because in this idiotic age of "Continuous improvement" they hire fools to make everything better and better and better. Never realizing that sometimes they should follow the old rule set and not fuck with everything unnecessarily just for the sake of change. While calling it an improvement, and meanwhile what it really is is just a nice way of saying we're going to milk this for everything it's worth. This happens in every corporation that answers to shareholders.
Sometimes there is no room left for improvement. Business especially American businesses have a problem with a "if it worked here it will work every where" approach and it literally takes them losing major deals or almost going out of business before they learn not everything is one aize fits all.
It's so true. The company I work for actually has the phrase "continuous improvement" in the mission statement. They change things just for the sake of change.
This may seem good, but this type of wall street bullshit is what caused this in the first place. These guys dont see battlefront as a game, but as a means to make more money. Remember to support your favorite indie devs, because every public AAA game company will eventually turn into the shareholder's bitch.
i'm so shocked to hear that gaming is a business, not a charity.
Remember BioWare before EA bought them... yeah, it was three guys that had a passion for making games, and they invested all their money to start the company and make that dream come true. That is the differense between BioWare of then and BioWare of now, back then they started with passion, now under EA it starts with "how do we make as much money as possible on this next game". It's not a dream of minds anymore, it's suits with a hunger for that green paper.
Well said, and all their artistic integrity will be gone as well.
Well, that's sad. EA should start taking games seriously.
They should start taking gamers seriously more to the point. Greed has got them by the spuds.
They should, but they can't. Their companies structure is reliant on shareholders hands and they can't take creative risks or they stand to lose money in their eyes.
F**k EA!!!!!!! We need to END EA's NFL Monopoly!
And Fifa monopoly. Wishful thinking though lol.
And all monopolies lol
Just get access for a month, and play the shit outta it.
analyst downgrade/upgrade don't mean anything. In fact probably short chase into the downgrade end up getting squeeze, technical still looks fine.
It's going to hit the bottom line. Anthem is in real risk of failing due to gamer backlash. I'd trade it like a pharmaceutical now, one failure away from a real drop in value.
Note to all publishers: DON'T **** WITH GAMERS.
Just because of their insane forecast when they were trying to take a bite out of the gamers wallets. Guess what EA? The gamers can and will bite back. To be honest I am still kinda shocked it sold as well as it did with the outcry. Star Wars is a powerful brand for sure to still sell as much as they did sell.
Good, the overwhelming and deserved backlash was a great start. Hopefully now the cat is out of the bag now regarding such shady practices, next up is the widespread exposure of the abhorrent practices in FIFA.
And need for speed
Need for Speed Payback got exposed last year for the slot machine boosters loot pay 2 win system, and it reflected hard for EA by the terrible sales figures.
It would be nice if all corporations were given rules, that only people who are actively interested in the products sold by a company, are fans of such if the decide to become a shareholder for balance. Shareholders tend to be just dicks in suits that don't care about a product unless they are maximising price and sales, while helping to decrease value to the typical end-user. I get the 'people want to make money' thing, but when it impacts on why people bought a company's product in the first place, you think some changes were due. They spoil things for everyone.
Well I'm only a single player type gamer. I have to admit I really was not interested in this game at all as I was not interested in merely playing on the side of the evil Galactic Empire. I received the game as a gift and started playing and low and behold that was not the case at all. I had an incredible amount of fun with the single-player experience and the DLC expansion. I was shocked but in the end is one of the most fun single player Star Wars experiences in a video game I have had in many years.
I hope Disney pulls out before another abomination child is created from greed.
EA should not be in any type of control of Star Wars games period.
HINT: In order to quickly upgrade your Morgan Stanley rating why don't you try buying some lootboxes!
For $4.99 Usd you can have that Hello Kitty skin for all future EA ads! Buy now!! /s EA has become a running gag.
Honestly, I have to thank EA. They were the perfect company to try pulling what they did with their [not-so] microtransactions. Their mistake will serve as a warning to Activision-Blizzard, Rockstar, or anyone else: If you think you're too big for consumer backlash, you're not.
EA only brought shame to the Star Wars franchise. The have yet to put out a decent Star Wars game this gen.
The game itself is great for what it is. In my opinion. A few things could be better, but the Micro transaction fluff while stupid, didn't "Kill" the game like some would have you believe. I never buy any of that stuff and I hold my own against other players with more un-lockable stuff just fine.
Couldnt of happen to a better shit bag company
Serves the company right. Hope they take notice, gamers are not going to take their shady tactics anymore. 2017 was the peak of loot-boxes/Pay-to-win/gambling mechanics that involve real money. 2018 is going to be the end of this practice and any publisher that tries to pull a quick one on their consumers. I for one will boycott any game that has pay-to-win mechanics with gambling lootboxes & packs etc. that involve real money. People need to understand that this practice puts the publisher in complete control of consumer's minds and wallets. Who knows, they can be selling packs & lootboxes that will have no odds of getting a good weapon/player/gear etc. and no one will ever find out.
Amazing game I absolutely love it on the one x. Just to bad the loot box got the best of it. Ea frostbite engine is incredible. Best star wars game yet. But ea still has not figured out the power of the internet. If people are angry your sales will flop.
good.... very good
Oh man... $6!!!!!!!!!!!!!!!!!!!!!! LOL
According to salary.com, Andrew Wilson's total stock compensation is $16,150,342. Now let's say this total value is when stocks were $126. That gives him about 128,177 stock. Following that $6 drop, his stock is now worth $15,381,278.10, which means he lost about $769K. Their stocks at the time of this writing are down to $116, so now, his stocks are worth $14,868,532, meaning he just lost $1.28M. His annual compensation is less than that. He literally just lost over one year's worth of pay. That's huge. While he is the highest paid executive at EA, these are just the stock he was given. He could have bought more, meaning he could have lost much more. Now consider that a large portion of the company's value is in stock. This affects ALL of their stock. Now let's assume all of EA's asset value is in stocks (it isn't, but for the sake of illustrating a point, it works). EA has (had?) assets totaling $7.7B. If we entertain the idea that this is purely stock....going from $126 (61M stock) to $116, they just lost close to $700 MILLION IN ASSET VALUE. Obviously, it isn't quite that much because it assumes their entire asset value is in stocks, but the vast majority of it is. $6 is pretty substantial, but it's $10 now, so it's way worse.
Good, now learn from it and stop being greedy jerks.
Bet EA is feeling a real sense of "pride and accomplishment" now 😉
How is call of duty and overwatch getting away with this? I think the only game that does not have MT is Diablo3 from actibliz...
Selective outrage, welcome to gaming.
Don't underestimate the power of the CoD and Blizzard fanboys.
I really liked that news!
Couldn't happen to a nicer company.
Good to know a bit of justice is served at least
you mean making a mediocre game filled with greedy microtransactions makes people not want to buy the game? Who'da thunk!
LMAO look at the financial experts on this forum. Wallstreet doesn't give a damn about gamers. They're only concerned because EA failed to find a more profitable method of squeezing gamers of their hard-earned cash.
Awwwwww poor things
They also ruined Mass Effect in 2017. I'm glad their market cap is getting hit. Maybe it'll serve as a lesson to the entire industry that gamers expect a full experience at the exorbitant retail price of $60.
Way to go EA shooting yourself in the foot with Battlefront 2 I just wonder what Mickey Mouse has to say about the poor sales with one of his franchises and what EA did. Now lets see how fast Anthem will nose dive into the ground thanks to EA.
Hopefully they'll have learned their lesson for good this time.
It's EA they most likely won't.
Guys look up the Electronic Arts stock price. It's the highest it's been in years and right now higher than an it's ever been. If our babbling and words have done nothing to this point it sure won't now. We have to stop buying EA games (and maybe Activision) to let them know this is not okay. That is the only way they can see what they are doing is wrong.