2 Min Read
FILE PHOTO: An Electronic Arts office building is shown in Los Angeles, California, U.S., July 27, 2020. REUTERS/Mike Blake
(Reuters) - Electronic Arts Inc on Tuesday raised its annual sales outlook, betting on strong sales of its sports titles including “FIFA 21” and “Madden NFL 21” as more people turn to videogames to keep themselves entertained during COVID-19 lockdowns.
Shares of the company, however, fell 5% in extended trading after EA’s 98 cents adjusted profit forecast for the current quarter missed analysts’ average estimate by 2 cents.
Videogame sales in the United States hit a record $56.9 billion last year, according to research firm NPD, as demand for virtual entertainment soared after major public events were canceled to stem the spread of the novel coronavirus.
Warner Bros Is Trying To File A Nemesis System Patent
segmentnext.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from segmentnext.com Daily Mail and Mail on Sunday newspapers.
Battleborn Servers Have Been Shut Down
vgchartz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vgchartz.com Daily Mail and Mail on Sunday newspapers.
MLB The Show 21 launches on PS5 and Xbox Series X in April
Share this story
Image: Sony San Diego Studio/Sony Interactive Entertainment America
Hometown hero Fernando Tatis, Jr. is the cover star for Sony San Diego Studio’s
MLB The Show
The unusual cross-console launch of a Sony-developed game gives Xbox baseball fans their first simulation-quality game since 2013’s MLB The Show 21 will also feature cross-platform play (among Xbox and PlayStation devices) and cross-generation game save compatibility (PlayStation 4 to PlayStation 5, and Xbox One to Xbox Series X).
Cross-generation game saves, however, will not include the importation of career and Road to the Show progress from prior versions of the game. Sony introduced this feature, the first and only of its kind in sports titles, with