Video game developer and publisher,
Electronic Arts Inc. (
EA
)
recently announced its new golf games
Tiger Woods PGA TOUR 14
and
Tiger Woods PGA TOUR 14: The Masters Historic Edition
. However, EA did not specify any launch date for the upcoming
games.
Developed by EA Tiburon, both the games will be available on
Microsoft Corp.'s (
MSFT
)
Xbox 360 and
Sony Corp.'s (
SNE
)
PlayStation 3.
Tiger Woods PGA TOUR 14
is priced at $59.99 while
Tiger Woods PGA TOUR 14: The Masters Historic Edition
will be available for $69.99.
For the first time in the franchise's history
Tiger Woods PGA TOUR 14: The Masters Historic Edition
will take back gamers to the 1930s Augusta National Golf Club.
Gamers will be able to play the inaugural edition of the iconic
tournament. To make the game more realistic, players will use
clothes and equipment of that era.
In addition to 20 courses available in the standard edition,
the upcoming game will include four new championship courses
namely Royal County Down, Royal Melbourne, Sheshan and TPC Blue
Monster at Doral.
EA has earned a name for developing and publishing quality
games over the last few years. The
Tiger Woods PGA TOUR
franchise is of the same genre and the addition of these new
features will help it to build significant customer base going
forward. We note that this is the 23rd season of the franchise
and its popularity reflects significant fan following, which will
drive growth going forward.
We believe that EA's high-quality titles and a robust product
pipeline along with the increasing online exposure and traction
in the social and mobile gaming market will boost its top-line
growth over the long term.
However, we remain cautious on EA due to sluggish consumer
spending on packaged video games, dismal video game sales and
increasing competition from
Activision (
ATVI
)
.
Currently, EA has a Zacks Rank #4 (Sell).
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