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Old 19-03-2013, 22:01
munta
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So the simcity debacle is continuing and the market isn't looking good for EAs shareholders.

Not only has the chief exec resigned

http://www.computerandvideogames.com...iello-resigns/

But the shares have fallen by over 8% in the last 24 hours

http://uk.finance.yahoo.com/q?s=EA

Obviously it's impossible to link the share price and resignation directly to the issues with simcity but I would be surprised if there was zero effect of simcity issues on the share price.
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Old 20-03-2013, 00:22
gother
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Couldn't happen to a nicer company.
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Old 20-03-2013, 00:36
Prebono
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Isn't it odd how two big Maxis games (Spore and SimCity) have both had their releases overshadowed by DRM controversies? I shudder to think what they might do for The Sims 4. A one-play-only policy? Empty cases with a note saying "Sorry, we couldn't give you the game because we thought you might pirate it"?
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Old 20-03-2013, 11:48
alternate
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It had virtually nothing to do with Sim City. SC has already sold over 1m copies which matters much more to share holders than short lived bad PR.

The CEO went because he was already on thin ice after losing money on The Old Republic mmo and after EA recently fell short of quarterly earning targets he had to go.

The share dip was simply a result of a company missing targets and losing the ceo, just a market price correction.
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Old 20-03-2013, 21:45
munta
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It had virtually nothing to do with Sim City. SC has already sold over 1m copies which matters much more to share holders than short lived bad PR.

The CEO went because he was already on thin ice after losing money on The Old Republic mmo and after EA recently fell short of quarterly earning targets he had to go.

The share dip was simply a result of a company missing targets and losing the ceo, just a market price correction.
1 mil sales. Minus 1 mil free games. Minus god knows how many refunds. Minus plenty of future customers. Not quite so good as the headline figure.
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Old 20-03-2013, 22:37
alternate
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Sim City will make a profit, a good one, but even if the CEO was blamed by investors they would do so when all the figures are counted next quarter. His resignation was down to previous performance after already being on thin ice.
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