@apujanata, Interesting comparison with other game companies in the article : In contrast, smaller rival Take Two Interactive Software Inc (TTWO.O: Quote, Profile, Research, Stock Buzz) and Xbox game console maker Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) told the Reuters Media Summit last week that holiday game sales were better than expected despite the recession.
He said EA has been hit by market share gains by Nintendo Co Ltd's (7974.OS: Quote, Profile, Research, Stock Buzz) Wii, which publishes most of its own top selling games. He also pointed to tighter inventory management at retailers who do not want to overstock during uncertain economic times.
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Interesting comparison with other game companies in the article :
In contrast, smaller rival Take Two Interactive Software Inc (TTWO.O: Quote, Profile, Research, Stock Buzz) and Xbox game console maker Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) told the Reuters Media Summit last week that holiday game sales were better than expected despite the recession.
He said EA has been hit by market share gains by Nintendo Co Ltd's (7974.OS: Quote, Profile, Research, Stock Buzz) Wii, which publishes most of its own top selling games. He also pointed to tighter inventory management at retailers who do not want to overstock during uncertain economic times.