John Riccitiello Says Goodbye to EA

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ea-logo.pngDid John know the writing was on the wall and walk out on his own? Or was he allowed to retire to save face? These are the things you ponder when a CEO resigns.

Mr. Riccitiello wrote a nice enough resignation letter and could not have left at a lower point. The SimCity fiasco is still bubbling and, as he stated, a poor financial report card is just around the corner

I remember the former CEO’s efforts earlier in his tenure as CEO. He tried to change the image of Electronic Arts by greenlighting many new franchises like Mirror’s Edge, Dead Space and Army of Two. Then when those investments didn’t pan out, they slowly returned to their old habits and only pushed forward with safe projects in safe directions. (Where’s Mirror’s Edge 2?)

I hope EA’s next CEO will follow a similar path but find a happier ending.

Crysis 2 Delayed to Q1 2010

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ea-logo.pngWhat a coincidence! The day I start playing Crysis, EA and Crytek go ahead an delay the sequel.

The announcement came through via the Q1 2011 fiscal year financial report. If I was to wager a guess, I bet the game will debut around late January and early February. (ie: Mass Effect 2 time frame). EA found lots of success by itself in that time frame, so I wouldn’t put it pass them to look for a repeat performance.

Crysis 2 will be launching for the Xbox 360, PlayStation 3 and PC.

I guess this delay will also give me a chance to wait for a Crysis: Warhead sale.

PS3 Cost Sony 3.31 Billion and Counting

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Starting a console is always a bitch.

Losses incurred through R&D, marketing, and manufacturing are normal and manufacturers tend to recoup costs via software and peripherals — it’s a costly business. For the Playstation 3? It’s even more costly. Unless you’re using readily available and affordable parts (like the Nintendo Wii), you’re going to rack up a lot of expenses. Couple that with a below cost pricing strategy and you’ve got a recipe for major losses.

$3.31 billion worth of major losses.

Ouch. They could improve the situation, but it’s going to take a monumental shift in hardware and software numbers. I don’t see it happening anytime soon, though. Not with the current economic situation anyways.

For Sony’s sake, I sure hope winning that high definition format war was worth it… In other news, you can check out additional Sony console related numbers here.

GTAIV DLC Delayed

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According to Take-Two’s financial report, which reported some mighty profits, GTAIV’s Xbox 360 exclusive downloadable content will be delayed until quarter one of 2009. On the real world calendar, that means it could arrive any time between November 2008 and January 2009.

Why? “The reason we moved it is more about portfolio balance than anything else… the delay is not about development issues.”

Let’s hope it’s worth the wait and that interest hasn’t waned.