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.

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[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."

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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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TheWatcher000

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


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TeenGirl015

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<< LINK REMOVED >> no

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TheWatcher000

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<< LINK REMOVED >><< LINK REMOVED >>

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.


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Sarg1010

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Stopped reading at Jorgensen...

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Techtroll

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Must be amateur hour at gamespot

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Teller76567

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

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atopp399

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It amazes me how many characteristics of cancer EA resembles.

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ninboxstation

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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?...)

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blackothh

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NO NO NO, its Kojima says

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cws3e

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

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sdnoriko

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"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. :(

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michyeosseo

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<< LINK REMOVED >> But is it really a new console or is it more like the WiiU? Wait... what?

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maxpowr3

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

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Flyincloud1116

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Common sense, they both have sold millions and they have only been on the market for a few months. Thanks EA for stating the obvious.

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northArrow

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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

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DiamondDM13

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It's EA... Business as usual...

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grungeman91

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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.

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de-astroturfer

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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.

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Optimist_Pryme

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<< LINK REMOVED >> 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. ^_^

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de-astroturfer

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<< LINK REMOVED >><< LINK REMOVED >> 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.

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Teller76567

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<< LINK REMOVED >><< LINK REMOVED >> If they get the golden poo award for the third time in a row they will go from the gold poo award to platinum poo award...

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Optimist_Pryme

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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

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Toysoldier34

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

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PETERAKO

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

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Random_Matt

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

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berserker66666

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Don't believe anything that EA tells you.

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sortajan

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Why is this in the news?

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blackmagica

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<< LINK REMOVED >> i like sports games, sad pc sucks when it comes to good sports titles

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Optimist_Pryme

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<< LINK REMOVED >><< LINK REMOVED >> 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

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Random_Matt

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<< LINK REMOVED >> Can't play my favourite exclusives on PC, the tales games from Namco are my favourite.

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uchihasilver

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

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Teller76567

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@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...

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chuckles471

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

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stuff238

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

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Hina_Ken

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<< LINK REMOVED >> 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?

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RickPhoenixxx

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@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.

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MrWhalo

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<< LINK REMOVED >> Did you even read the headline to this article?

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Optimist_Pryme

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<< LINK REMOVED >><< LINK REMOVED >> Did you even read the update footnote under the headline to this article? >_< #justsaying

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MrWhalo

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<< LINK REMOVED >><< LINK REMOVED >><< LINK REMOVED >> Good call.

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wdma

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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

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RickPhoenixxx

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@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.

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dnmt

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<< LINK REMOVED >> Not to mention the literal price drop in the UK and all the unofficial price drops worldwide (Costco's, Zavvi etc)

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