EA: Battlefield 4, FIFA 14, and Need for Speed: Rivals on PS3/360 Sold Below Expectations
When EA released their Q3 financials yesterday, they mentioned their next-gen dominance, which includes 35% of all PS4 and Xbox One sold in the West belonging to them during the quarter. During the earnings call following the release of their financials yesterday, CEO Andrew Wilson confirmed that, in the US during December, the NPD shows EA as having a 40% share on PS4 and a 30% share on Xbox One, with similar numbers in Europe.
Wilson then addressed EA finishing below expectations, noting how “industry sales of major games for PlayStation 3 and Xbox 360 consoles declined in Q3 at a faster-than-anticipated rate, and that softness was the primary driver of our revenue shortfall in Q3.” CFO Blake Jorgensen then chimed in further about PS3/360 sales, revealing how “some of our key titles, such as Battlefield 4, FIFA 14, and Need for Speed: Rivals, came in below our expectation for current-gen revenues.”
Even with all the negatives surrounding PS3 and Xbox 360, Wilson was quite happy with their PS4 and Xbox One titles, bringing up how FIFA 14, Battlefield 4, Madden NFL 25, Need for Speed: Rivals, NBA Live 14, and Peggle 2 all collectively sold above their expectations during Q3.