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Electronic Arts CEO Talks About PlayStation 5, Next Xbox and Cloud Gaming

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Andrew Wilson, CEO of Electronic Arts, spoke about PlayStation 5, Next Xbox and Cloud Gaming during the last meeting with shareholders to illustrate last quarter financial results.

In the past few hours EA has officially announced the platform of Project Atlas, but this does not mean that the company will stop supporting the traditional, current and next-generation consoles.

In that sense, Wilson said the following during an earnings call: “There are a few articles out there; a few rumors; and a little hearsay as to what [the new consoles are] and when they’re coming and what they might be. I don’t think we’re in a position today to have a conversation about that. But just know that we’ve worked with Microsoft and Sony and Nintendo for many, many years and we look forward to working with them for many, many years more, even if we all collectively seek to move–either some portion of or all of our experiences – to the cloud.”

At the moment it is not clear if Electronic Arts has already had contacts with the two hardware houses about the next generation platforms, the company seems intent on focusing heavily on the Cloud without however abandoning the traditional console games business.

The financial results of the last quarter show a significant increase in revenues from the digital market, a sector that EA will continue to explore with new products and commercial strategies.

So will the market split between traditional console gaming and the streaming via the cloud? Or will PlayStation 5 and next Xbox be able to offer the best of both worlds? To find out, we just have to wait.