|Star Wars: The Old Republic 'almost at 1.7m subscribers'|
|Posted: 09.03.2012 12:49 by Simon Priest||Comments: 1|
EA CEO John Riccitiello has informed investors that BioWare's Star Wars: The Old Republic has almost reached 1.7 million subscribers for the fledgling MMO launched at Christmas.
The "vast majority" of players have paid for game time beyond their 30-day free trial. Analysts predict 2 million subs by June's end, a figure that will 'be sustained for the year'.
The Force is indeed strong in market projects and it hasn't yet launched in Asia-Pacific. Despite a few bumpy rides since launching in December 2011, Star Wars TOR is growing.
"We continue to feel comfortable with our Star Wars estimates which are an important part of our street-high FY13 non-GAAP EPS estimate of $1.36," read a Cowen and Company note from analyst Doug Creutz.
"We estimate 2MM paying subs by the end of June 2012 (and then sustained for the remainder of the year). We also note that the company plans to launch Star Wars in the Asia-Pacific region later this month." As a result of this surge the analysts have rated EA shares to Outperform. Are you part of the almost 1.7 million club?
BioWare has released a trailer for updates coming in patch 1.2 for Star Wars: The Old Republic - see it below.