EA thinks Next Gen Consoles NOT Backwards Compatible

EA thinks Next Gen Consoles NOT Backwards Compatible

Is it time to sell all those used games???

Ranga14 by Ranga14 on Feb 13, 2013 @ 08:18 PM (Staff Bios)
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EA thinks Next Gen Consoles NOT Backwards Compatible

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Well this isn't the best news of the day! EA chief financial officer Blake Jorgensen doesn't seem to think next generation consoles are likely to be backwards compatible.

Speaking in San Francisco during a Q&A session for the Goldman Sachs Technology and Internet Conference, Jorgensen said the following...

"An important thing to remember is that next-gen consoles will most likely not be backwards compatible. Anyone looking to play multiplayer will most likely not be able to play with someone on a different generation."

"So if you're a FIFA player, and the soccer season's starting in August, and all your friends are playing FIFA, you're going to want to be on the same box that they're on. So if they all go out and buy a gen-four box if it comes out at Christmas, then you'll most likely do it. If they all hold on and continue to play on third-generation, you'll probably not see that box purchase until after the soccer season is over."


Jorgensen doesn't seem to think this will hurt EA though...

"I think that works for us positively in both ways. It helps us continue to sell gen-three products, and it will help us sell gen-four product as that cycle finally gets into place."


He also pointed out a recent rumor regarding the next-gen Xbox that says it will require a constant Internet connection and block used software. He called it a "double-edged sword" before admitting it creates a beneficial "liquid market" for EA.

He went on further saying...

"Would we like to sell everything at full price and not have a used game market? Sure, but I think the used game market's a little like any other kind of market where it creates liquidity. The fact is, that liquidity benefits us in some fashion. So if someone goes in and trades in a game, there's a good chance they're going to buy another one of our games. And so if there's a liquid market, I think that that's not a bad thing at all.

"I can't really comment on where the next generation boxes are going to be relative to used games. I will say that the trend in the business is to have that always-on connectivity and connect with a customer, and to the extent that the software identifies a certain customer is going to create some issues going down the road in the used game market. But I do believe that the consumer likes it, and it's been good for the retail channel."


To me, this reeks of typical EA! Luring us in by making it sound like they think it's bad then turning around and being like "hey, we want all your dataz and personal info streamed to us 24/7" while at the same time "we take your moneyz by makin you pay full price! Yeah!"

Thoughts?

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