This is interesting because Star Wars Battlefront actually has sold millions in its launch week and as far as the United Kingdom is concerned, it is also the fourth biggest title ever for the PlayStation 4.
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Analysts and one top investor in EA said it was premature to conclude that the warning was a sign of weak demand.
The feedback from GameStop, the world’s largest videogame retailer, don’t mirror digital videogame gross sales and are available days earlier than Black Friday, historically the most important purchasing day in the USA.
He apparently made similar remarks on the conference call with analysts this morning, and Cowen & Co.’s Doug Creutz, who has an Outperform rating on EA, this afternoon writes in a note to clients, “We will have to agree to disagree”.
What are your thoughts on Star Wars Battlefront’s success?
Digital, a better-margin enterprise, has been rising steadily, and comprised nearly fifty two % of EA’s income for the yr ended March 31.
“So while Star Wars is off to a bit of a slow start, we do think that it is going to rally very strong, as we get to closer to the movie”, he said. With Star Wars 7: The Force Awakens out, the hype has never reached this high.
American Century is EA’s eighth biggest shareholder, with a 3.03 percent stake, according to Thomson Reuters data.
A few investors were skeptical about claims by GameStop execs that digital downloads of hot, new gaming titles weren’t stealing sales away from stores.
The game, which was developed by DICE, is a reboot of the Star Wars games.
Star Wars Battlefront has become the 4th fastest-selling game of 2015, storming to the top of the United Kingdom video game charts.
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With regard to the availability of the remastered “Super Star Wars” game for PS4, Christian Post has revealed that it is for the first time that the original classic 16-bit game has been launched on any other platform besides Nintendo consoles.
