EA says don't expect an Xbox 360 or PS3 price drop any time soon

EA CFO Blake Jorgensen talked about his expectation for Microsoft and Sony's consoles and reiterated EA's commitment to their free-to-play mobile game strategy.

[CORRECTION] This story and headline originally stated Jorgensen's comments were about an upcoming price drop for the Xbox One One and PlayStation 4 instead of Xbox 360 and PlayStation 3. The text and headline have been update to reflect this.

According to EA, we're unlikely to get another Xbox 360 and/or PlayStation 3 console price drop before the holidays. Speaking at the Morgan Stanley Technology, Media, & Technology conference in San Francisco, EA chief financial officer Blake Jorgensen said, "At some point [Microsoft and Sony] will most likely bring those prices down, which could expand the marketplace for old-generation software. ... I'm guessing it's probably late in the year or maybe even after next Christmas. I don't know; they've not told us what their plans are but it's probably not any time real soon."

And in case you were hoping that EA might change their stance on free-to-play mobile gaming, Jorgensen reiterated EA's stance on the importance of free-to-play mobile games. "On the mobile side, that business is growing extremely fast globally, and almost all of that mobile business is done in a free-to-play model. For those who aren't familiar with that: you get the game for free, download it onto your mobile device, and then as you play you're given opportunities to pay for different things along the way and monetize the game that way.

"I think that model's here to stay. I don't see that there's a paid download model that really lasts much longer, and all of our games are focused on that free-to-play mentality."

Although EA ran into some controversy recently among hardcore gamers with the microtransaction model in free-to-play mobile game Plants vs. Zombies 2 and negative comments from game designer Peter Molynuex regarding the mobile version of Dungeon Keeper, EA is still looking to expand that payment strategy to other games soon. Jorgen said they plan to use their intellectual properties (IP) like FIFA and Madden "to leverage the mobile business with that IP."

He said, "It'll be different than the IP that you see on a console. It's a different style of gameplay, typically people are playing with one finger or two fingers on a mobile device. So it'll be extensions of that IP, but IP that we're very comfortable with, that we know well, and that we know that the consumers love. And we think that's a huge growth driver for us in the future."

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justinhaywald

Justin Haywald

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92 comments
deadpen
deadpen

Why is EA chiming in on this subject instead of fixing their own problems.

TheWatcher000
TheWatcher000

It's going to be fun watching you collapse, EA.


TheWatcher000
TheWatcher000

@teengirl015 @TheWatcher000 

Another young lamb who has no clue what they are being an apologist for.

I suggest you get to Google and educate yourself about the past 15 years of that company.

 

Sarg1010
Sarg1010

Stopped reading at Jorgensen...

Techtroll
Techtroll

Must be amateur hour at gamespot

teller76567
teller76567

Blake Jorgensen is a total tool and needs to be caned...

atopp399
atopp399

It amazes me how many characteristics of cancer EA resembles.

ninboxstation
ninboxstation

is MS expecting a big Titanfall boom, so there's no need to drop the XO prices??... 

well there could be a Titanfall boom in the US, and MS "could possibly" even catch up there with the PS4 within ca. one(-two) month(s) in the US, after Tianfalls release,.. is that MS's goal?  

(regain the home turf for now, and withthat secure some other special/contracts or even exclusives?? than takle the EU turf after that?...)

cws3e
cws3e

The fall is what I would expect, this is no shocker.

sdnoriko
sdnoriko

"This story and headline originally stated Jorgensen's comments were about an upcoming price drop for the Xbox One One"

I can't keep up with all these new consoles. :(

michyeosseo
michyeosseo

@sdnoriko  But is it really a new console or is it more like the WiiU? Wait... what?

maxpowr3
maxpowr3

Soon™ is owned by Blizzard. You owe them royalties EA.

northArrow
northArrow

The old consoles are pretty reasonably priced right now. They don't need a price drop, but the current gen consoles do, especially the Xbox One

grungeman91
grungeman91

All this coming from a company who got the award for worst company in the world two years in row. I'm still expecting a price drop. This CFO is just pissed off at the fact that the ps3 & 360 can't do a 1$ micro-transaction every single time you turn it on & off.

de-astroturfer
de-astroturfer

As we all know EA are complete arseholes so any opinions they may have with regards to pricing, represent the extreme greed end of the spectrum, thank your for your opinions EA but Microsoft are the only ones listening.

de-astroturfer
de-astroturfer

@Optimist_Pryme @de-astroturfer  They did indeed ! they're aggressively pursuing the third golden poo so they can progress to the next level, they would pay for it but alas the golden poo awards don't have micro transactions. 

Optimist_Pryme
Optimist_Pryme

@de-astroturfer  If memory serves me correctly... didn't EA win the golden poo award like 2 years in a row?  Pretty sure there's a reason for that, lol. ^_^

Optimist_Pryme
Optimist_Pryme

Ah-ha... had to do a triple-take... saw the title and was like, "the hell... I remember commenting about the Xbox Done price-drop and now title says 360/PS3"... then read the footnote update under it.


GameSpot just went all sorts of ninja up in here... #justsaying xD

Toysoldier34
Toysoldier34

A price drop on old consoles undermines the value of new consoles so they won't be changing that for quite a while.

PETERAKO
PETERAKO

...and nobody cared what EA said that day, the end.

Random_Matt
Random_Matt

I know, bought a new slim yesterday for £200 pounds. The super slims are crap, fortunate to find a slim.

sortajan
sortajan

Why is this in the news?

blackmagica
blackmagica

@Vidpci i like sports games, sad pc sucks when it comes to good sports titles

Random_Matt
Random_Matt

@Vidpci  Can't play my favourite exclusives on PC, the tales games from Namco are my favourite.

Optimist_Pryme
Optimist_Pryme

@Vidpci @blackmagica  Hrm, for some reason, after reading your comment, I tried picturing a Southpark Movie sequel, with all of them singing "blame EA" instead of "blame Canada"... nope, can't say as I see that melodically working at all... xD

uchihasilver
uchihasilver

Errrmmmm . . . Here in the UK it already has so stop talking shit EA

chuckles471
chuckles471

@uchihasilver  It's for the release of Titanfall.  They aren't doing as well as they hoped here so they are getting a little desperate.

teller76567
teller76567

@uchihasilver  Your still getting the shaft from Microsoft even if it dropped a few pounds...lol the xbox one is fat in the u.k..haha...

stuff238
stuff238

EA is half lying. PS4 won't get a price drop, but Xbone will(already has in europe). 

hina_ken
hina_ken

@stuff238  They can't drop the price of the PS4, they are already selling it at a loss just to sell as many as possible.


If you look, the Xbox One's price drop makes the final price still around $550.00, which is still higher than it is in the U.S.  So, is it still a price drop really?

rickphoenixxx
rickphoenixxx

@hina_ken @stuff238Neither are selling at a loss this time around. They cost a few dollars less to produce each than the final sticker price in stores.
 Last gen the losses were big since the tech in them was comparative to a high end pcs, this time they are roughly midrange pcs.

wdma
wdma

But MS already did with Titanfall bundle by giving the game free its not official price drop but it is a way a price cut to sell the console 

dnmt
dnmt

@wdma  Not to mention the literal price drop in the UK and all the unofficial price drops worldwide (Costco's, Zavvi etc)

rickphoenixxx
rickphoenixxx

@wdma Yep, that makes the One 440 bucks assuming most everyone would get Titanfall anyways if the have the one now. the system with a A Kinect and a mic are not too shabby for 440 bucks.

bluefox755
bluefox755

Why would there be? Consoles have never sold this many this fast, sure X1 is quite a bit behind PS4, but it's still way ahead of almost every past console.

dnmt
dnmt

@bluefox755  Yes the X1 had a good launch but demand for it fell off a cliff after the holidays. It is now selling at Wii U levels.

denhoffi
denhoffi

@rasterror @barrybarryk@bluefox755 Yes but the situations are very different in the examples you mentioned, the 3Ds had practically no competition except for the Vita but it is selling really bad the situation can't be compared to a PS4 competition that is selling great. The PS3/360 situation was also different, first of all the 360 launched with a year head-start and the PS3 was way overpriced but the PS3 caught up because it was actually the more powerful system (even though it was tougher to develop for) and Sony really made a push in recent years with extraordinary games compared to MS who didn't seem to give a shit in the past two years. 

Of course it's possible to get momentum for the Xbone but I don't see how when the PS4 is cheaper, better suited for the European and Asian market than the Xbone and if they keep a solid flow of exclusives coming. In addition Sony needs the PS4 to succeed, it is key to the company and so they will always invest in that branch of the company, MS on the other hand doesn't really need the Xbox-brand which doesn't mean they don't want it to be successful but I don't see them making risky moves to keep it alive when it comes to that.

barrybarryk
barrybarryk

@rasterror For one day the Xbox One sold well, that's it.  Feel free to check the game sales charts to see how well the XB1 is really doing.  The best selling Xbox One title in Europe (FIFA) is all the way down in #30 (the PS4 version is at #2) with 8 PS4 titles above it.

The 3DS and PS3 started to gain ground after massive price drops, and it's not like the PS3 ever managed the same success as the PS2.  It took a whole generation to get a roughly equal market share with Microsoft, a company that was largely irrelevant in the console space the generation before.

Optimist_Pryme
Optimist_Pryme

@dnmt @bluefox755  They could only wish they were selling at Wii U levels at this point... I'd dare say they're selling at Intellivision levels... and yeah, I went there... old-school retro. *gasp* xD

I mean honestly... if I wanted to place something in my house for $500 that's meant to collect dust... I'd hire a maid! >_< #justsaying

uchihasilver
uchihasilver

@barrybarryk  @denhoffi Actually the PS3 wasnt overpriced at the time, It had a blu-ray player and the console cost less at the time than a standalone blu-ray player and yer xbox one is selling really badly here in europe hell some places still have day one editions in stock xD  

rasterror
rasterror

@barrybarryk @bluefox755 You're joking right? Seeing that the Ps4 is the only console in history to sell at a faster pace means something. And to say it's very difficult to gain momentum is not true. Look at the 3Ds which many said was doomed to its slows sales and look at the PS3 which started off at a slugs crawl.

barrybarryk
barrybarryk

@bluefox755  You're kidding right?  The Xbox One has sold less than the Wii U did in the same time since launch and is having little impact outside of NA.  In Europe it has been outsold by the PS3 since launch never mind the PS4.  It had good preorder numbers and so had a good first week, that's about it.

The XB1 launch has been a train wreck so far considering the strong market position of the 360.  Microsoft have already dropped the price and if it fails to move in the next few months they'll drop it again.  As much as people love to say a console generation is a marathon not a sprint, it's very, very difficult to gain momentum once it's gone and there's no way Microsoft could be happy with losing so much market share.