Mmoexp - 5 Reasons Why Electronic Arts Can Be Buying Glu Mobile


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Wilson said on the current earnings call this is simply the beginning. EA has been relaunching its college football company, which FIFA Mobile Coins is presently under development. There is also an expansion in a different game, which Wilson wouldn't name, launching next financial year.

What's the financial opportunity?EA estimates that the global market for sports video games will be around $11 billion $7 billion on games the console and PC, although the market for mobile is around $ 4.3 billion.

What is more, spending on sports is growing faster than other game forms with mobile sports increasing at a compound yearly rate of 24% during the last four years. EA's goal to reach 500 million players and audiences shouldn't be sudden. New technology and approaches to play games like cloud-based subscription services and mobile platforms have only enlarged the audience throughout the last decade and will keep doing so. The current acquisitions and new games from the pipeline supply this business leader with tons of catalysts over the upcoming few years.

Should you invest $1,000 in Digital Arts Inc. right now?Before you consider Electronics Inc., you'll want to hear this.Investing legends and Motley Fool Co-founders David and Tom Gardner just revealed exactly that which they believe are the 10 best stocks for investors to purchase right now... and Digital Arts Inc. wasn't one of them.The online investing support they've run for nearly two years, Motley Fool Stock Advisor, has beaten the stock exchange by over 4X. * And at the moment, they think that there are 10 stocks that are better buys.

5 Reasons Why Electronic Arts Can Be Buying Glu Mobile.On the insides of a $1.2 billion deal to purchase U.K.-based Codemasters (announced in late 2020), Electronic Arts is now setting up one of the leading mobile game developers in the world.Here are five charts that illustrate why Electronic Arts is currently paying $2.1 billion to Buy FIFA Coins get Glu Mobile.

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