And free games continue to have their power
Free games are making more and more money for their developers. After Yu-Gi-Oh! Konami’s Master Duel and Genshin Impact, now is the time to talk Apex Legends. According to EA, the title was released three years ago already Made $ 2 billion for the studio. The information is in the financial report for the last financial year ended March.
According to EA CFO Chris Sue 40% of this amount now came from last fiscal year. That is, almost half of the $ 2 billion profit was generated from April 2021 to March this year, which only boosts the popularity of Battle Royale. EA expects Apex Legends to generate a billion a year, which did not happen until the end of the previous fiscal year.
EA CEO Andrew Wilson had previously said that the 9th and 10th seasons had set records for the number of active players, but the 12th season was “the most successful”. From the floor of the carriage, with each new season, it looks like the Apex Legends will set new records.
Apex Legends Mobile is close, launch is scheduled for May 17, next Tuesday, and EA CFO said closed-door testing of the mobile title “went well.”
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Like Capcom and Konami, EA also made record profits. The studio announced more than 20% profit for fiscal year 2022 compared to the previous year. “It has been a record year and our talented teams have tackled the challenge in a big way to inspire and entertain hundreds of millions of players involved around the world,” said the EA CEO.
Part of that growth is due to the sale of new subtitles from its franchises: Battlefield, FIFA, Madden NFL, F1, as well as the Mass Effect Legendary Edition and the 2021 GOTY, It Takes Two, a game developed by Hazelight and distributed by EA.
Overall, EA expects growth of between 5% and 8% for the current fiscal year, which ends in March next year. This growth should be mainly driven by mobile releases such as Apex Legends Mobile and Lord of the Rings: Heroes of Middle-earth, in addition to the increase in the number of FIFA Mobile players.
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