journal: fun

It seems EA is feeling some competition.

I think EA just got a wee bit too complacent, and they are beginning to feel the effects of their complacency.

Electronic Arts cuts forcast, shares fall [News.com]

The company’s shares fell nearly 13 percent and weighed heavily on the sector in after-hours trade following the news, the first time in EA’s history as a publicly traded company that it issued a profit warning during a quarter.
[...]
“I think this is a carry-over of not only the hardware shortage but also them not having a ‘Halo 2’ or ‘GTA,’” he said, referring to the two hottest games of last holiday season, neither of which EA published.”

I think EA just got a wee bit too complacent, and they are beginning to feel the effects of their complacency.


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