Yesterday, Electronic Arts’ chief operating officer, Peter Moore, made it clear that revenue growth in social games is slowing down for the company, but the mobile market is as hot as ever. The trend of mobile growth versus social gaming is still a highly contested one, as not all companies may see eye to eye with EA on these trends.
One thing that is certain, is that EA’s digital revenue (mobile and social gaming) is still doing quite well, which has generated nearly $1.3B in the past 12 months according to VentureBeat - roughly $69M in Q1, up 21 percent from a year ago. Moore noted the company plans to ship nine mobile and social titles in Q2, up two titles from Q1. Facebook’s slowing growth allows for mobile iOS and Android opportunities for companies like EA, with many users going outside of the browser and looking for games on the go.
Between The Sims Social and SimCity Social, the company is still raking in cash from its social games. Frank Gibeau of EA is also very optimistic with the mobile business on iOS and Android, with additional opportunities arising from Amazon and Microsoft in the near future.