Electronic Arts (EA) recently had its third quarter fiscal 2022 earnings call with investors to assess the performance of its titles.
There are several IPs in the publishing house with some of them being extremely established (FIFA 22). By EA's own admission, they have suppressed their original annual forecast by nearly $225 million. All of this has been achieved by the strong showing of titles such as Apex Legends and FIFA 22.
But when one looks beneath the surface of just sales figures, there are many other issues of concern as well. EA lost a lot of face following the release of Battlefield 2042, which turned into a colossal failure. The latest iteration of the Battlefield series has not gone to plan and the publishers have admitted its failure. But EA can bounce back strong if its potential pipeline of games can deliver.
EA has a host of different IPs and has always believed in that, according to CEO Andrew Wilson. Despite Battlefield 2042 causing a loss of about $100 Million, there has been overall gains due to the performance of the other IPs. While the performance of the company has been satisfactory in terms of finances, Battlefield 2042 has caused them to lose goodwill.
Game purchases work a lot on trust as consumers won't want to spend money if they have no assurances on the quality of a product. Diversity is also key as not every gamer likes only a single type of gaming experience. EA already has some exciting titles lined up such as the upcoming racing video game Grid Legends, the exact release date of which has not yet been mentioned.
Aside from the confirmed games, Wilson revealed that there are three to four unannounced games that will likely be part of the FY 22-23. Wilson added on to that by saying.
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