EA Chief John Riccitiello Still Isn't Fired

[Giddi]

Note to EA:
I buy stock when you guys overhaul the team.
People who buys shared won't have confidence in a leadership team at the helm of a $60 to $11 loss.
Overhaul then coincide it with good PR, and we'll see.

 

[Antari]

"The board has a very high level of confidence in John and the management team," Probst said. "They have done a really good job of exceeding the operating plans in the last few years."

Were they expecting to go out of business this year without him? How could it be worse? Keeping him is a typical EA decision, the wrong one.

 

[Something Amyss]

Who would have guessed that being voted the worst company in America would be bad for your stock prices?

Nobody who was paying attention?

Come on, this was not the kind of poll investors would give a shit about.

 

[Rooster Cogburn]

What a disgusting attitude. "Andy Chalk Still Isn't Fired" - doesn't sound nice, huh?

It doesn't sound nice, but as far as I know Andy Chalk is a pretty solid dude and probably relies on his job for sustenance. We're not talking about somebody's grandmother trying to keep themselves out of the poorhouse. Nothing wrong with cheering the firing of some fat cat if you think he is bad for his company, the industry or gamers. His golden parachute will probably be more than I'll make in my lifetime. I think I can live with the guilt.

Who else expects EA to release a statement saying that the cause of their gargantuan stock crash was due to a "small but vocal minority" of complainers and that EA is running perfectly fine?

LOL. Damn that small but vocal minority of complainers. Has there ever been a problem or complaint that couldn't be backtraced directly to the small but vocal minority of complainers? I'd like to tell them to shut up, I wonder if they have an office somewhere.

Who would have guessed that being voted the worst company in America would be bad for your stock prices?

Nobody who was paying attention?

Come on, this was not the kind of poll investors would give a shit about.

Of course it is not Riticello's fault EA's stock prices are dropping. Everyone knows stock values are not related to a company's actual performance in any way, shape or form and at best are related to an imaginary version of the company existing in a Socratian/Jungian realm of pure thought. My business advice to Riticello is to attempt to become a being of pure thought and take it from there.

Also, all the people saying DUR DUR OF COURSE THE STOCKS ARE DROPPING WHO WANTS TO BUY EVIL EA are hilarious. You know the image of the greedy video game exec that only wants to make money and doesn't give a shit whether the games are actually good? Investors are ike that. I mean literally. They don't care what the company is doing as long as it makes them money and if they think it won't they'll sell it and buy Chick-a-fil-a instead in a heartbeat. Saying that investors don't want to buy EA because of its business practices is like saying Hitler never listened to his generals because no one trusts Nazis.

Consumer confidence and satisfaction is part of a company's value. It's not everything, but it matters, and "Worst Company in America" is pretty extreme.

 

[Clearing the Eye]

Consumer confidence and satisfaction is part of a company's value. It's not everything, but it matters, and "Worst Company in America" is pretty extreme.

No one that matters would give two shits about some internet hipsters spamming a poll. News flash: there's companies in the U.S. that get paid to invent weapons of war; chemicals to maim, to poke through tax loopholes for the rich and to go over legal document with a magnifying glass, looking for anyone minute error that could get their murdering client off.

No one with more brains than mouth would consider EA the worst company in the U.S. and this "hur dur, EA so evil lolol" attitude is a sign of the reverse.

 

[Something Amyss]

Consumer confidence and satisfaction is part of a company's value. It's not everything, but it matters, and "Worst Company in America" is pretty extreme.

It may matter, but one internet poll will not significantly influence stock prices, especially from a company most consumers won't follow anyway. Meanwhile, consumers are still buying EA products like they're crack.

Look, I don't like EA, but most people don't even know what the Consumerist is, let alone care what the worst company in America is according to their user-submitted tourney poll. In fact, I think the only reason the Escapist cares is that it confirms what they already believe. I doubt many people here had even heard of it before. Especially since this site's userbase is so extremely anti-consumer rights they would have berated them non-stop--up until they heard something they liked.

This is peanuts. It is trivial.

And being labeled the worst ANYTHING isn't that extreme on the internet.

 

[Rooster Cogburn]

Consumer confidence and satisfaction is part of a company's value. It's not everything, but it matters, and "Worst Company in America" is pretty extreme.

It may matter, but one internet poll will not significantly influence stock prices, especially from a company most consumers won't follow anyway. Meanwhile, consumers are still buying EA products like they're crack.

Look, I don't like EA, but most people don't even know what the Consumerist is, let alone care what the worst company in America is according to their user-submitted tourney poll. In fact, I think the only reason the Escapist cares is that it confirms what they already believe. I doubt many people here had even heard of it before. Especially since this site's userbase is so extremely anti-consumer rights they would have berated them non-stop--up until they heard something they liked.

This is peanuts. It is trivial.

And being labeled the worst ANYTHING isn't that extreme on the internet.

Consumer confidence and satisfaction is part of a company's value. It's not everything, but it matters, and "Worst Company in America" is pretty extreme.

No one that matters would give two shits about some internet hipsters spamming a poll.

OK, but check this out: lol

Maybe that doesn't matter. I would be quicker to dismiss it if this was a company that is a sure investment at the moment, and if small or insignificant setbacks did not have dire consequences so frequently. I mean how can yall be so sure? It's like you live in some alternate universe where the stock market makes sense.

News flash: there's companies in the U.S. that get paid to invent weapons of war; chemicals to maim, to poke through tax loopholes for the rich and to go over legal document with a magnifying glass, looking for anyone minute error that could get their murdering client off.

No one with more brains than mouth would consider EA the worst company in the U.S. and this "hur dur, EA so evil lolol" attitude is a sign of the reverse.

That has nothing to do with anything. And the award isn't 'Evilist' it's 'Worst' from the perspective of consumers. Maybe EA isn't as bad as WMD manufacturers, consider that a victory if it will help you sleep.

Newsflash:

Spoiler

lawl

 

[Rooster Cogburn]

Consider that a victory if it will help you sleep.

Newsflash:

Spoiler

lawl

I see you've resorted to hollow condescension and grade school levels of flaccid quip. Good work, champ.

I guess this is where I say U MAD or call you butthurt or something. Don't take it so hard, and don't say "Newsflash" if you can't handle hollow condescension and grade school levels of flaccid quip. Tiger.

Also,

"hur dur, EA so evil lolol"

Whatever you say, mister high ground lol.

 

[ThePenguinKnight]

All EA needs to do is make a simplistic game, give it a incredibly vague nonsensical story and throw in some gimmick and they'll be rolling in profit. If Limbo and Journey can make it big anyone capable of making a flash game can make some serious cash. But than again it's EA, they can basically fuck up anything.

 

[SecondPrize]

Of course it is not Riticello's fault EA's stock prices are dropping. Everyone knows stock values are not related to a company's actual performance in any way, shape or form and at best are related to an imaginary version of the company existing in a Socratian/Jungian realm of pure thought. My business advice to Riticello is to attempt to become a being of pure thought and take it from there.

This is the finest paragraph I have ever had the pleasure of reading.

 

[paketep]

Electronic Arts continues to have a "very high level of confidence" in its management team.

WHY?

Earlier this month, analyst Michael Pachter...

Stopped there. Really, guys, why must you torture us with Pachter on half OUR news?. GameTrailers I can understand, they make money out of the hits his fanboys make when they visit his Real Douchebags of the Gaming Industry section there. But you?. There's no way to understand how a supposedly serious and competent medium like The Escapist can keep quoting Pachter and not die of pure shame.

Enough already!. He's no better than Anne Germain, except he only defrauds gamers instead of broken families. Ok, he's a bit better, but barely.

 

[Atmos Duality]

Either there's embezzlement going on and they aren't paying the investors full earnings, or this is just EA trying to save public face and entice more investors by saying "What? Nothing is wrong."

Because stock prices don't just tumble and tumble and tumble when the company is doing well.

 

[FalloutJack]

Well, there's a barrel with no bottom in it. It's official: EA is supported by the mob. That's the only reason they could still possibly be afloat.

*Gets out popcorn for all*

Get comfee, kids. This is gonna be a great show.

 

[w00tage]

Hah, today's Dilbert is pretty relevant. http://www.dilbert.com/strips/comic/2012-07-30/

 

[Vegosiux]

Well, the thing that baffles me is no that Ricci is still holding the position, it's that people make a big deal out of it as if a major upheaval is expected if he goes. That man isn't synonymous with EA, and all...(though, he's part of it, no doubt!)

 

[Something Amyss]

OK, but check this out: lol

So a blog on Forbes about video games uses it to address his existing bias. And?

Maybe that doesn't matter. I would be quicker to dismiss it if this was a company that is a sure investment at the moment,

It hasn't drastically affected any other winner of the "WORST COMAPNY EVARRRR!" poll from the same site in prior years. Well, if I missed one in my googling, I apologise.

A more important problem with EA right now is that they promised their investors that TOR would be better than a million Warcrafts, and they were wrong. They spent a ton of money on this, money that has been more or less wasted and not recouped.

and if small or insignificant setbacks did not have dire consequences so frequently.

They don't.

I mean how can yall be so sure?

Research, precedent.

It's like you live in some alternate universe where the stock market makes sense.

I'm talking real world examples, and yet

I'm

the one in the alternate universe?

That has nothing to do with anything. And the award isn't 'Evilist' it's 'Worst' from the perspective of consumers. Maybe EA isn't as bad as WMD manufacturers, consider that a victory if it will help you sleep.

Histrionics put EA over WMD manufacturers. Do you really consider an internet tantrum a victory?

EDIT: To be clear, I mean the poll, not you, when I say "internet tantrum."

 

[James Raynor]

[youtube]http://www.youtube.com/watch?v=ZR6-u8OIJTE[/youtube]

Who remembers this?