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!