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Sales of EA games on Xbox 360 and PS3 dropping faster than expected

29
Jan
2014

Sales of Electronic Arts video games for older consoles have tailed off more quickly than expected, the publishing giant said yesterday. Blake Jorgensen, EAs chief financial officer, said there was a much sharper decline than anticipated in demand for current-generation software, as third quarter sales for EA games on Xbox 360 and PlayStation 3 dropped 35 percent against the same period the previous year. The unexpected dip caused a revenue shortfall for the publisher, but Jorgensen was optimistic about the future. He said that the downward trend on Xbox 360 and PS3 software was partially offset by positive next-gen results.

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