Apex Legends Coming to Mobile Platforms, EA Says

EA revenue beats estimates, first-quarter forecast falls short

With PUBG Mobile constantly under attack by hackers and Fortnite a little too unstable to play in the SEA region, Apex Legends would definitely be welcomed with open arms by mobile gamers.

To cash in on the popularity, EA launched "Apex Legends" and "Battlefield V Firestorm" during the quarter, while also releasing online multiplayer action video game "Anthem". Players are engaging with games in more ways than ever before.

EA's battle royale game had attracted 50 million players just a month after its launch in February and the company said that millions more had signed up since then, suggesting that it could withstand competition from Fortnite.

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"We ended our fiscal year with strong growth, driven by our live services business which continued to provide a very large, stable and profitable source of net bookings". EA is now focussing on "delivering for this massive global community with a long-term live service, including new seasons with more robust Battle Pass content, new legends, and exciting evolutions to the in-game environment", Wilson told investors.

"We're in advanced negotiations to China and mobile", EA's CFO Blake Jorgenson stated, before later mentioning South Korea as another expansion point. In addition, EA stated that 30% of the game's players are new to EA and that it is "working aggressively to bring the game to more players in more markets and platforms around the world".

EA said it expects first-quarter adjusted revenue of $690 million, well below analysts' estimates of $807.8 million. We are hugely excited about the future of Apex Legends. Sales came in at $1.238 billion, beating estimates by $38 million. Its full-year adjusted revenue forecast of $5.10 billion was also below estimates of $5.16 billion.

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