Developing Asian countries with low income citizens are charged more than the developed world for all things video games. In a place where a single video game costs an entire month's pay, is the industry setting itself up for piracy? Does making gaming such a luxury shoot the industry in the foot?
Today Electronic Arts announced its financial results for the second quarter of the fiscal year 2024, including a strong launch for EA Sports FC 24.
The EA president says that the gaming industry is approaching $350 billion in annual revenue, far exceeding expert predictions.
And to most if not all gaming CEOs, it's nowhere near enough. Below their expectations.
Today Electronic Arts announced its financial results for the first quarter of the fiscal year 2024, related to the period between April 1 and June 30, 2023.
Interesting. I never agree with piracy, but I see why the writer asks the question.
I remember seeing consoles when I was on vacation in Mexico. The prices were absolutely insane!
While I do agree that the companies are trying to make as much money as they can, we have to understand that each country has its own tax's laws that make the price go even further up....So, its not ONLY the industry, but the governments of these countries being their greedy selves.
Here in Brazil, for example, gaming devices have absurd taxes imbued in their final prices, so much that when launched he price goes up to 10x the final price already converted in BR Real. There are some loby already to make the taxes less abusive on the soft and hardware wise, but god knows how long it will take them to pass...
Piracy is never the solution. It may be a paliative for a problem, and as such, it never resolves it.
I still have friends who look in astonishment whenever I told them price of games that I buy every month. Although they don't cost as much as a month's wage but they are still considered a luxury. Last year I told a friend about the cost of a genuine Windows 7 that I planned to buy for BF3. He barked at me that it would be better to give that money to my parents instead of wasting it on genuine product. Honestly, I was saddened to hear that. Another friend kept "borrowing" my genuine games for year. Account based Steam and Origin DRM rendered his habit useless though. I never told (or ever will) him about Steam's ability to copy and paste folders to any PC.