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What's the fiscal opportunity?EA estimates
Date: Mar 29, 2021 11:35:23 PM PDT
Author: sunxuemei

What's the fiscal opportunity?EA estimates that the worldwide market for sports video games is over $11 billion $7 billion on the console and PC, although the market for cellular is 4.3 billion. For perspective, EA's total bookings are expected to reach $6.1 billion in fiscal 2021 (which ends in March), meaning the opportunity to acquire more market share in sport is a major development opportunity.

What's more, spending sports is growing faster than other game types with cellular sport growing at a compound yearly rate of 24% over the last four decades. EA's goal to attain 500 million players and audiences should not be surprising. The market for interactive entertainment was rising since day one. New technologies and ways to play games such as cloud-based subscription providers and cellular platforms have only expanded the audience during the past decade and will keep doing so.

The organization is now firing on all cylinders with The Sims and Apex Legends also showing steady growth in reservations. The current acquisitions and new games from the pipeline provide this industry leader with lots of catalysts over the next few years.

If you invest $1,000 in Electronic Arts Inc. right now?Before you consider Electronics Inc., you're going to want to listen to this.Investing legends and Motley Fool Co-founders David and Tom Gardner only revealed that which they believe are the 10 best stocks to get investors to buy right now... and Digital Arts Inc. was not one of them.The online investing service they've run for almost two years, Motley Fool Stock Advisor, has beaten the stock exchange by over 4X. * And at this time, they believe there are 10 stocks that are better buys.
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