Many industry professionals werecertain Respawn Entertainment was working on Titanfall 3, but after the studio released Apex Legends out of nowhere this week, those theories started to crumble a bit. Q3 was a hard quarter for Electronic Arts and we did not perform to our expectations.
After a hard 2018 characterised by sluggish sales and further loss of ground to multiplayer juggernaut 'Fortnite', EA has taken another huge hit after newly released earnings figures of $262 million for Q3 2018 showed that the company missed its $1.38 billion revenue target for 2018 by some way. "We love being able to experiment in this insane universe!"
EA has confirmed the suspicions of many gamers and analysts this week, when the company admitted that Battlefield 5 sales had failed to meet expectations. The publisher is also gearing up to launch Anthem, and will continue to lean on its tried-and-true Federation Internationale de Football Association franchise. "Elsewhere in the business, we're making adjustments to improve execution and we're refocusing R&D". Wilson blamed the shortfall on the decision to focus on single player action instead of a battle royale mode.
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HighDistortion is not the only pro player complaining about the Hand Cannon, though, several big names from the competitive community have also seemingly become exhausted of its issues. "Unfortunately, the later release date meant the game launched deeper into a competitive holiday window where heavy price discounting was a big factor".
Apex Legends launched recently and seems to have been warmly received so far by the battle royale community, those praises coming from the players themselves and also from the creator of PlayerUnknown's Battlegrounds. Investors are certainly being cautious-EA's share price is down more than 13 percent this morning.