EA: We backed the wrong horse in Xbox 360/PS3

EA: “We're Boring People To Death”Whoops!

“Our stock hasn’t moved as much as we’d like,” EA CEO John Riccitello told one investor during a Q&A. He admitted that EA was on the “wrong horse” by concentrating mainly on the PS3 and Xbox 360 while throwing less resources towards the Wii during the console transition.

But remember, EA had a big restructuring effort last month, so they’re already in front of this issue. The power of the purse and EA Wii Family Controls FTW!