EA CEO Says Time for Game Console Cycle to End
During the conference call, which was spearheaded by reports of a good quarter thanks to Portal 2 and pre-orders for the coming releases of Battlefield 3 and Star Wars: The Old Republic, Riccitiello mentioned that the video game industry has been "radically changed."
"Gone forever is the 4- to 5-year console cadence that gave developers ample time to invest and retool for the next big wave," Riccitiello said. "Consider that just 18 months ago, there was no iPad, Google was just experimenting with Android and most big games were limited to a single revenue opportunity at launch. Consider that each of the major consoles now has a controller that encourages users to get off the couch and get into the action."
Of course, Riccitiello followed these comments by playing up digital distribution, mentioning that the top paid apps on smartphones and tablets are all games, and that it's "the fastest growing revenue [stream]" for consoles, PCs and smart devices.
Basically, he means "finding every possible space to squeeze a Madden game into."