No it's not, someone having that stated position is though.
It is obscene when there are people out on the streets who cant even feed themselves. no one needs that much money.
And yet since you spend time at these forums it seems you are ok with companies throwing away millions to create what is essentally mindless entertainment for people who seem to at least have enough of everything, rather than instead using that money to better the lives of those who have nothing.
"Gypsies, tramps, and thieves, we were called by the Admin of the site . . . "
Stock has taken a beating since the "good" news about TOR.
Ofc - a lot of pieces to consider, but overall you don't want the company that runs your MMO to be struggling.
Whar are you talking about. The stock dropped a bit, same as every other video game companies did after they released Q4 results. It was a bad 4th quarter all around. It also bounced back rather quickly when it was realize TOR beat sales expectations.
Every day since the stock has dropped... from 19.57 to 17.50 AH, atm.... for a company like EA that's a LOT... you're talking about 750million in marketcap.
Stock has taken a beating since the "good" news about TOR.
Ofc - a lot of pieces to consider, but overall you don't want the company that runs your MMO to be struggling.
Whar are you talking about. The stock dropped a bit, same as every other video game companies did after they released Q4 results. It was a bad 4th quarter all around. It also bounced back rather quickly when it was realize TOR beat sales expectations.
Every day since the stock has dropped... from 19.57 to 17.50 AH, atm.... for a company like EA that's a LOT... you're talking about 750million in marketcap.
Only if EA is actually SELLING the stock it owns in itself at the time. Thing is, when stocks start dropping like this companies tend to buy up there own stock to sell later on at better prices. So in the end, they really are not loosing any money since they are not selling. The stocks they already own may be perceived as being worth less, but the actuality of the situation is that they have not lost a dime.
"If half of what you tell me is a lie, how can I believe any of it?"
I said a month ago, after all the investor talk that heads would roll after the 2/1/12 report. Next stop Riccitiello. Sharks are not happy about the so called "cash cow" that was promised.
Stock has taken a beating since the "good" news about TOR.
Ofc - a lot of pieces to consider, but overall you don't want the company that runs your MMO to be struggling.
Whar are you talking about. The stock dropped a bit, same as every other video game companies did after they released Q4 results. It was a bad 4th quarter all around. It also bounced back rather quickly when it was realize TOR beat sales expectations.
Every day since the stock has dropped... from 19.57 to 17.50 AH, atm.... for a company like EA that's a LOT... you're talking about 750million in marketcap.
I do, and if you look at their stock farther back than a week you will notice it goes up and down quite often, kind of like every other stock. When you start seeing massive drops - 20, 30, 40 percent of the price then there's a problem. A couple of percentage points difference is not a big deal in the long run. I really wish people would stop trying to use daily stock fluctuation to "prove" the TOR is failing. It's clearly not failing, and EA stock is perfectly fine.
Stock has taken a beating since the "good" news about TOR.
Ofc - a lot of pieces to consider, but overall you don't want the company that runs your MMO to be struggling.
Whar are you talking about. The stock dropped a bit, same as every other video game companies did after they released Q4 results. It was a bad 4th quarter all around. It also bounced back rather quickly when it was realize TOR beat sales expectations.
Every day since the stock has dropped... from 19.57 to 17.50 AH, atm.... for a company like EA that's a LOT... you're talking about 750million in marketcap.
I do, and if you look at their stock farther back than a week you will notice it goes up and down quite often, kind of like every other stock. When you start seeing massive drops - 20, 30, 40 percent of the price then there's a problem. A couple of percentage points difference is not a big deal in the long run. I really wish people would stop trying to use daily stock fluctuation to "prove" the TOR is failing. It's clearly not failing, and EA stock is perfectly fine.
EA has a liquidity problem right now. Now anyone who thinks SWTOR is a major factor is sniffing glue, but they did expect it to be a cash cow for them. If memory serves, Pratcher estimated $80 million a year in profits from SWTOR alone. Right now, I doubt its breaking even after lucas takes his cut.
Well if you see more people dropping like flies then it is time to be concerned. How can TOR be profitable when someone is making this kind of obscene amount ?
EA has a liquidity problem right now. Now anyone who thinks SWTOR is a major factor is sniffing glue, but they did expect it to be a cash cow for them. If memory serves, Pratcher estimated $80 million a year in profits from SWTOR alone. Right now, I doubt its breaking even after lucas takes his cut.
[Mod Edit]
They sold more than 2 million copies, 40% of it over their own digital distribution network and currently have more players/subs than any other MMO besides WoW. Who knows how things'll be after 3-6 months, but seems to me they're pretty golden so far -_-
and currently have more players/subs than any other MMO besides WoW.
Korean grinders say "Hello, we have tons of subs cause there are tons more gamers over here"
Well, I just read about the company behind Lineage being happy about 250k players/accounts after going F2P, so I'm really wondering about that. TERA that came out a year ago wasn't doing that well at all right from the start in the player amount category. Those are 2 major Korean games. I could only see Aion maybe equal or trump TOR in the number of subs - besides WoW - but that's about it. And certainly none in the West.
EA has a liquidity problem right now. Now anyone who thinks SWTOR is a major factor is sniffing glue, but they did expect it to be a cash cow for them. If memory serves, Pratcher estimated $80 million a year in profits from SWTOR alone. Right now, I doubt its breaking even after lucas takes his cut.
[Mod Edit]
They sold more than 2 million copies, 40% of it over their own digital distribution network and currently have more players/subs than any other MMO besides WoW. Who knows how things'll be after 3-6 months, but seems to me they're pretty golden so far -_-
First, it costs money to operate digitial distribution. Payroll, infrastructer...ect. So nothing is 100% profit. I doubt its even at 50%
But do the math, 2 million units means gross cash was 120 million, less distributors cuts. Reports are now the game has an operation budget of 200 million production. So all the cash has gone right into the pockets of those who hold the IOU's on producing the game (Lucas was the majority they owed money to fyi). So even with 1 million subs actually paying post free month, and that is a number only the most optimistic person could reasonably assume at this point, would still need that number for at least 4-6 months to break even. Which is why EA is cash short for next quaterly earnings.
You forget they pitched raising more money to fund the game after maxing out their 80 million budget last January, on the promise of selling 3-4 million units and maintaining 1.7 million subs. Way short which is why the investors are demanding someone's head on a platter.
Originally posted by Bunks EA has a liquidity problem right now. Now anyone who thinks SWTOR is a major factor is sniffing glue, but they did expect it to be a cash cow for them. If memory serves, Pratcher estimated $80 million a year in profits from SWTOR alone. Right now, I doubt its breaking even after lucas takes his cut.
[Mod Edit]
They sold more than 2 million copies, 40% of it over their own digital distribution network and currently have more players/subs than any other MMO besides WoW. Who knows how things'll be after 3-6 months, but seems to me they're pretty golden so far -_-
First, it costs money to operate digitial distribution. Payroll, infrastructer...ect. So nothing is 100% profit. I doubt its even at 50%
But do the math, 2 million units means gross cash was 120 million, less distributors cuts. Reports are now the game has an operation budget of 200 million production. So all the cash has gone right into the pockets of those who hold the IOU's on producing the game (Lucas was the majority they owed money to fyi). So even with 1 million subs actually paying post free month, and that is a number only the most optimistic person could reasonably assume at this point, would still need that number for at least 4-6 months to break even. Which is why EA is cash short for next quaterly earnings.
You forget they pitched raising more money to fund the game after maxing out their 80 million budget last January, on the promise of selling 3-4 million units and maintaining 1.7 million subs. Way short which is why the investors are demanding someone's head on a platter.
First, you're presenting rumors as reality, which is stupid imo and detracts from any serious point you're trying to make here. Second, I never said anything about 100% of all their revenues being profit. However, if they're the physical distributors themselves and own the digital distribution network, then the net revenues they gain are a hell of a lot higher than for other companies where this isn't the case. Combine that with a lot higher sales and their net revenues will be significantly higher than for other companies. Simple to follow logic here.
And third, there have been a wild and wide range of speculations about the budget costs, from 80 million dollars to 500 million dollars, but no official ones from EA/BW themselves. So what you're presenting there is zilch actual facts and 100% your own speculations with false 'facts' and more akin to wishful thinking. Nice try though. Considering that the AAA MMO budgets have all been around 40-60 million dollars, I have my own thoughts about what's realistic and what's sheer nonsense, but at least I'm not confusing rumors and wild speculations for actual facts.
As for the rest of your arguments and figures, sorry, but these sound more like fairy tales and wishful thinking to me, with little objectivity or real sources and data behind it. Maybe an EA/BW/TOR critic's wet dream, but as with all dreams, not that much hard connection with actual reality.
EA has a liquidity problem right now. Now anyone who thinks SWTOR is a major factor is sniffing glue, but they did expect it to be a cash cow for them. If memory serves, Pratcher estimated $80 million a year in profits from SWTOR alone. Right now, I doubt its breaking even after lucas takes his cut.
[Mod Edit]
They sold more than 2 million copies, 40% of it over their own digital distribution network and currently have more players/subs than any other MMO besides WoW. Who knows how things'll be after 3-6 months, but seems to me they're pretty golden so far -_-
First, it costs money to operate digitial distribution. Payroll, infrastructer...ect. So nothing is 100% profit. I doubt its even at 50%
But do the math, 2 million units means gross cash was 120 million, less distributors cuts. Reports are now the game has an operation budget of 200 million production. So all the cash has gone right into the pockets of those who hold the IOU's on producing the game (Lucas was the majority they owed money to fyi). So even with 1 million subs actually paying post free month, and that is a number only the most optimistic person could reasonably assume at this point, would still need that number for at least 4-6 months to break even. Which is why EA is cash short for next quaterly earnings.
You forget they pitched raising more money to fund the game after maxing out their 80 million budget last January, on the promise of selling 3-4 million units and maintaining 1.7 million subs. Way short which is why the investors are demanding someone's head on a platter.
First, you're presenting rumors as reality, which is stupid imo and detracts from any serious point you're trying to make here. Second, I never said anything about 100% of all their revenues being profit. However, if they're the physical distributors themselves and own the digital distribution network, then the net revenues they gain are a hell of a lot higher than for other companies where this isn't the case. Combine that with a lot higher sales and their net revenues will be significantly higher than for other companies. Simple to follow logic here.
And third, there have been a wild and wide range of speculations about the budget costs, from 80 million dollars to 500 million dollars, but no official ones from EA/BW themselves. So what you're presenting there is zilch actual facts and 100% your own speculations with false 'facts' and more akin to wishful thinking. Nice try though. Considering that the AAA MMO budgets have all been around 40-60 million dollars, I have my own thoughts about what's realistic and what's sheer nonsense, but at least I'm not confusing rumors and wild speculations for actual facts.
As for the rest of your arguments and figures, sorry, but these sound more like fairy tales and wishful thinking to me, with little objectivity or real sources and data behind it. Maybe an EA/BW/TOR critic's wet dream, but as with all dreams, not that much hard connection with actual reality.
sorry but reporters nailed them down already on the $200 million, because they were refuting the $300 million.
As for the specualtions, this is well documented and was at the Feb 2011 meeting call. You can easily go to my posts a month ago on that and get all the links you need. If anyone is living in a wet dream here, its apparently nott me, since investors have been discussing the cost overuns now for a year. You obviously have some fantasy world going on thinking that this game somehow stayed at $80 million since last January.
since I try to only read and discuss with rational people , I'll just block you and make us both the better for it.
Cleaned up the thread again, please stay on topic.
Shouldn't that be 'stay on target' ?
"I used to think the worst thing in life was to be all alone. It's not. The worst thing in life is to end up with people who make you feel all alone." Robin Williams
EA has a liquidity problem right now. Now anyone who thinks SWTOR is a major factor is sniffing glue, but they did expect it to be a cash cow for them. If memory serves, Pratcher estimated $80 million a year in profits from SWTOR alone. Right now, I doubt its breaking even after lucas takes his cut.
[Mod Edit]
They sold more than 2 million copies, 40% of it over their own digital distribution network and currently have more players/subs than any other MMO besides WoW. Who knows how things'll be after 3-6 months, but seems to me they're pretty golden so far -_-
The whole "besides WoW" part of your post is kinda key. See, Bioware spent 200 million dollars (lol) to make this "mmo" and they didn't do it just so they could come in 2nd place. Obviously they would never say publicly they intended to beat WoW, but clearly that's what they thought would happen. Instead they released a mediocre game no one seems particularly excited about and that has zero chance of overtaking WoW in subs.
I said a month ago, after all the investor talk that heads would roll after the 2/1/12 report. Next stop Riccitiello. Sharks are not happy about the so called "cash cow" that was promised.
Yep. Financial folks don't leave because there is light; they leave because there is dark. There is no cash-cow here, despite the false and misleading reviews of advertising sites. Real consumers prove to be more intelligent than these kids.
Wow..someone resigned from a position at EA? Clearly that company is going down the tube. Companies who dont have 100% staff retention generally dont do too well. I give them six months to survive without this guy.
Comments
And yet since you spend time at these forums it seems you are ok with companies throwing away millions to create what is essentally mindless entertainment for people who seem to at least have enough of everything, rather than instead using that money to better the lives of those who have nothing.
"Gypsies, tramps, and thieves, we were called by the Admin of the site . . . "
You realize that was about a week ago?
Every day since the stock has dropped... from 19.57 to 17.50 AH, atm.... for a company like EA that's a LOT... you're talking about 750million in marketcap.
I'ts EA, I'm pretty sure it does require a uniform and rank insignias.
I make spreadsheets at work - I don't want to make them for the games I play.
You want firefighters and teachers and police to make more ? pay more taxes.
It has begun.
Only if EA is actually SELLING the stock it owns in itself at the time. Thing is, when stocks start dropping like this companies tend to buy up there own stock to sell later on at better prices. So in the end, they really are not loosing any money since they are not selling. The stocks they already own may be perceived as being worth less, but the actuality of the situation is that they have not lost a dime.
"If half of what you tell me is a lie, how can I believe any of it?"
I said a month ago, after all the investor talk that heads would roll after the 2/1/12 report. Next stop Riccitiello. Sharks are not happy about the so called "cash cow" that was promised.
I do, and if you look at their stock farther back than a week you will notice it goes up and down quite often, kind of like every other stock. When you start seeing massive drops - 20, 30, 40 percent of the price then there's a problem. A couple of percentage points difference is not a big deal in the long run. I really wish people would stop trying to use daily stock fluctuation to "prove" the TOR is failing. It's clearly not failing, and EA stock is perfectly fine.
EA has a liquidity problem right now. Now anyone who thinks SWTOR is a major factor is sniffing glue, but they did expect it to be a cash cow for them. If memory serves, Pratcher estimated $80 million a year in profits from SWTOR alone. Right now, I doubt its breaking even after lucas takes his cut.
Well if you see more people dropping like flies then it is time to be concerned. How can TOR be profitable when someone is making this kind of obscene amount ?
Grim Dawn, the next great action rpg!
http://www.grimdawn.com/
[Mod Edit]
They sold more than 2 million copies, 40% of it over their own digital distribution network and currently have more players/subs than any other MMO besides WoW. Who knows how things'll be after 3-6 months, but seems to me they're pretty golden so far -_-
Cleaned up the thread again, please stay on topic.
Korean grinders say "Hello, we have tons of subs cause there are tons more gamers over here"
Everything creates huge amounts of negativity on the internet, that's what the internet is for: Negativity, porn and lolcats.
He also could see some things comming that aren't to pretty...so jumping befor it hits the fan...and stick to him.
Korean grinders say "Hello, we have tons of subs cause there are tons more gamers over here"
Well, I just read about the company behind Lineage being happy about 250k players/accounts after going F2P, so I'm really wondering about that. TERA that came out a year ago wasn't doing that well at all right from the start in the player amount category. Those are 2 major Korean games. I could only see Aion maybe equal or trump TOR in the number of subs - besides WoW - but that's about it. And certainly none in the West.No NO dude its DEFINETLY Stars Wars related, I mean its obvious to me anyways, there can be no question about this.
First, it costs money to operate digitial distribution. Payroll, infrastructer...ect. So nothing is 100% profit. I doubt its even at 50%
But do the math, 2 million units means gross cash was 120 million, less distributors cuts. Reports are now the game has an operation budget of 200 million production. So all the cash has gone right into the pockets of those who hold the IOU's on producing the game (Lucas was the majority they owed money to fyi). So even with 1 million subs actually paying post free month, and that is a number only the most optimistic person could reasonably assume at this point, would still need that number for at least 4-6 months to break even. Which is why EA is cash short for next quaterly earnings.
You forget they pitched raising more money to fund the game after maxing out their 80 million budget last January, on the promise of selling 3-4 million units and maintaining 1.7 million subs. Way short which is why the investors are demanding someone's head on a platter.
[Mod Edit]
They sold more than 2 million copies, 40% of it over their own digital distribution network and currently have more players/subs than any other MMO besides WoW. Who knows how things'll be after 3-6 months, but seems to me they're pretty golden so far -_-
First, it costs money to operate digitial distribution. Payroll, infrastructer...ect. So nothing is 100% profit. I doubt its even at 50%
But do the math, 2 million units means gross cash was 120 million, less distributors cuts. Reports are now the game has an operation budget of 200 million production. So all the cash has gone right into the pockets of those who hold the IOU's on producing the game (Lucas was the majority they owed money to fyi). So even with 1 million subs actually paying post free month, and that is a number only the most optimistic person could reasonably assume at this point, would still need that number for at least 4-6 months to break even. Which is why EA is cash short for next quaterly earnings.
You forget they pitched raising more money to fund the game after maxing out their 80 million budget last January, on the promise of selling 3-4 million units and maintaining 1.7 million subs. Way short which is why the investors are demanding someone's head on a platter.
First, you're presenting rumors as reality, which is stupid imo and detracts from any serious point you're trying to make here. Second, I never said anything about 100% of all their revenues being profit. However, if they're the physical distributors themselves and own the digital distribution network, then the net revenues they gain are a hell of a lot higher than for other companies where this isn't the case. Combine that with a lot higher sales and their net revenues will be significantly higher than for other companies. Simple to follow logic here.
And third, there have been a wild and wide range of speculations about the budget costs, from 80 million dollars to 500 million dollars, but no official ones from EA/BW themselves. So what you're presenting there is zilch actual facts and 100% your own speculations with false 'facts' and more akin to wishful thinking. Nice try though. Considering that the AAA MMO budgets have all been around 40-60 million dollars, I have my own thoughts about what's realistic and what's sheer nonsense, but at least I'm not confusing rumors and wild speculations for actual facts.As for the rest of your arguments and figures, sorry, but these sound more like fairy tales and wishful thinking to me, with little objectivity or real sources and data behind it. Maybe an EA/BW/TOR critic's wet dream, but as with all dreams, not that much hard connection with actual reality.
sorry but reporters nailed them down already on the $200 million, because they were refuting the $300 million.
http://massively.joystiq.com/2012/01/20/the-force-is-with-swtor-ea-stock-bounces-back-budget-revealed/
As for the specualtions, this is well documented and was at the Feb 2011 meeting call. You can easily go to my posts a month ago on that and get all the links you need. If anyone is living in a wet dream here, its apparently nott me, since investors have been discussing the cost overuns now for a year. You obviously have some fantasy world going on thinking that this game somehow stayed at $80 million since last January.
since I try to only read and discuss with rational people , I'll just block you and make us both the better for it.
Shouldn't that be 'stay on target' ?
The whole "besides WoW" part of your post is kinda key. See, Bioware spent 200 million dollars (lol) to make this "mmo" and they didn't do it just so they could come in 2nd place. Obviously they would never say publicly they intended to beat WoW, but clearly that's what they thought would happen. Instead they released a mediocre game no one seems particularly excited about and that has zero chance of overtaking WoW in subs.
Yep. Financial folks don't leave because there is light; they leave because there is dark. There is no cash-cow here, despite the false and misleading reviews of advertising sites. Real consumers prove to be more intelligent than these kids.
That Guild Wars 2 login screen knocked up my wife. Must be the second coming!
Wow..someone resigned from a position at EA? Clearly that company is going down the tube. Companies who dont have 100% staff retention generally dont do too well. I give them six months to survive without this guy.