Electronic Arts CEO John Riccitiello discusses gamer behavior
By APMonday, February 8, 2010
On the Call: Electronic Arts
NEW YORK — Electronic Arts Inc. reported fiscal third-quarter results on Monday. The company’s forecast for the current quarter was below expectations, sending shares lower after hours. During a conference call with analysts, CEO John Riccitiello discussed gamer behavior and whether people are spending less time with video game consoles like the Wii, the Xbox 360 and PlayStation 3.
QUESTION: Regarding the overall industry weakness and some of the numbers you gave. Do you think this is really a cyclical issue? Or do you think gamers are starting to change their daily behaviors, getting distracted by mobile apps and all the new devices out there, and spending less time with game consoles?
ANSWER: First off, we do have data and research on the amount of time consumers are spending with games, and increasingly, they are spending more time with their console than they ever have before. I don’t think it’s a consumer behavior issue if it’s anything at all. And I do think it’s fair to characterize 2009 as being a consequence of relatively less powerful (game release) slate industrywide compared to 2008. As we look to 2010, there’s nothing to suggest that consumers aren’t going to continue to increase the use of their console.
Tags: Entertainment And Media Technology, Games, Geography, New York, North America, Recreation And Leisure, United States
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August 19, 2010: 8:01 am
Well, i think People will come up with new ideas all the time. There has some data that is very useful. |
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July 29, 2010: 5:42 am
Video game publisher Electronic Arts Inc. cut its full-year guidance on Monday as it blamed weak demand in Europe and a shift toward games with lower profit margins in North America. |
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July 27, 2010: 7:07 pm
If they will continue to offer advance gaming technologies, people or gamers will continue to spend dollars just to have one. I guess people are more attracted with mobile apps. |
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July 18, 2010: 5:47 am
Really nice to know about this. Thanks for sharing this type of interesting post here. Well done. Thanks again |
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June 30, 2010: 3:57 am
Well, I think with the increase of technological advance gamers are gonna have more offers from the companies. |
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June 27, 2010: 4:25 am
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Thanks for sharing!|
June 12, 2010: 11:20 pm
Normal comments are not good enough anymore. People will come up with new ideas all the time. There has some data that is very useful. You say about on electronic arts ceo john riccitiello discussed gamer. |
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June 5, 2010: 8:28 am
The company’s forecast for the current quarter was below expectations, sending shares lower after hours |
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June 2, 2010: 11:02 am
yoy guys know they are spending a few dollars here and there to buy virtual add-ons for the games, or they are signing up for subscription-based online games. |
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May 31, 2010: 2:41 pm
Look at this way, there’s always going to be someone out there buying something. Electronic Arts CEO John Riccitiello’s comments prove that the gaming companies are totally aware of that fact. So they are trying to make the games more flexible for the gamers. |
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May 24, 2010: 12:07 pm
This article with Electronic Arts CEO John Riccitiello’s comments prove that the gaming companies are totally aware of the facts with the gamers. I think with the increase of technological advance gamers are gonna have more offers from the companies. |
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May 12, 2010: 5:48 pm
Look at this way, there’s always going to be someone out there buying something. So just keep that in mind. As our youth is growing up and technology gets better and better, more enthusiasts continue to enter into the industry. I wouldn’t be worried if I was EA. |
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February 9, 2010: 4:37 pm
i’m curious as to why they used pictures of the original xbox? seems like someone isn’t very hip! |
Kristi