James Lee
10:06 (BST)
22/07/2008
Riccitiello: Investors don't give a sh*t about quality
Electronic Art's CEO, John Riccitiello, has expressed his belief that investors are unimpressed by the quality of games produced but rather by their profitability.
Speaking to Venture Beat, Riccitiello responded to the assertion that EA's stock hasn't moved despite higher game review scores.
"I don't think the investors give a sh*t about our quality. They care about our earnings per share. They wait for it to happen. We had three years where we didn't make our expectations. If I were an investor, I would wait and see. That's fine with me," Riccitiello explained.
During the interview, he went on to comment about the media's interest in EA's proposed acquisition of Take-Two saying he wasn't interested in chasing headlines.
"I don't care if people write about Take-Two. It doesn't matter to me. What matters to me is that... we're making progress toward that goal," Riccitiello said.
"Having clever verbal sword play about Take-Two doesn't really matter. I'm not really playing for a headline in the New York Times."
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