Retail Industry
Industry: Email Alert RSS FeedPS3 game sales disappoint EA.(Sony Playstation 3)(Brief article)
Video Business, February, 2007 by Chronis, George T.
By George T. Chronis The videogame publisher with the largest market share in PlayStation 3 titles reported last week that sales of games for the platform were less than expected during the holidays. During a conference call elaborating on financial results for the quarter ended Dec.
31, Electronic Arts executive VP Frank Gibeau said the publisher was "disappointed" at the tie-ratio of PS3 games sold to each system purchased. EA holds a 32% share of PS3 game revenue based on $41 million in orders from retailers and distributors (900,000-plus units at $44.99 wholesale) through the holiday quarter. That's far fewer games than sold during the Xbox 360 launch in 2005. Then, EA filled orders for Xbox 360 games totaling $76 million (1.69 million...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
- Using object-oriented analysis and design over traditional structured analysis and design
Presented by American Express