Sales of Electronic Arts' video games for older consoles have tailed off more quickly than expected, the publishing giant said yesterday. Blake Jorgensen, EA's chief financial officer, said there was a "much sharper decline than anticipated in demand for current-generation software," as third quarter sales for EA games on Xbox 360 and PlayStation 3 dropped 35 percent against the same period the previous year.
The unexpected dip caused a revenue shortfall for the publisher, but Jorgensen was optimistic about the future. He said that the downward trend on Xbox 360 and PS3 software was "partially offset" by positive next-gen results. Jorgensen confirmed EA was the number one publisher on PS4 and Xbox One in December, with overall software...
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