Originally Posted by Actiontrip.com
I'm sure you'll all be devastated, JUST DEVASTATED to hear that the EA stocks fell $8.33 a share or a little over 12%, following EA's warning of lower than expected profits for its fiscal year 2005. "These results are clearly disappointing," said Larry Probst, Chairman and Chief Executive Officer. "While our new releases are performing reasonably well, they have not been able to offset a significant falloff in catalog sales."
Just devastated...
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Woo!
But wait, there's
MORE
Originally Posted by marketwatch.com
The warning drove shares of Electronic Arts down $11.20, nearly 17 percent, to $55.15.
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Full article here -
http://www.marketwatch.com/news/yhoo...1AB13CCC78C%7D
Good news for gamers
Oh, and Bono bought Eidos.