..what a shitty thread.
...what a shitty thread.
i haven't seen this many simultaneous periods since i was at that riot grrrl concert
Am I the only one that finds it amazing that people see Sony canning 16,000 people as a good thing? If it was anyone else, it would be a shitstorm all over the internet.
Stringer has to be looking at the Japanese internal teams and asking "and what do we pay you for exactly? Where is GTPSP/GT5/etc? Trico? ANYTHING of note?"
One clarification - it's really 8000 jobs lost since the other 8000 are only part-time or seasonal.
It's always terrible when people lose their jobs. Especially in the current economy. However, it can be a good thing in the long road if it keeps the company afloat and saves the other tens of thousands of people that they directly and indirectly employ.
Yeah cause when I get fired from my 6 month temp contract it's not bad right cause it's not I lost like the only thing that's feeding me atm ::)
It's a horrible thing. Anyone who is genuinely excited at the prospect of thousands of people losing their jobs because of their videogame console biases seriously need to rethink their priorities.
edit: I didn't know you worked for Sony. Sorry Kosma
Maybe 1 mil sold = sold to retailers?
am i still the token evilbore sfag? i thought i'd ceded that position to duckman
maybe we're just holding the position in joint stewardship until the triumphant return of abrader
check the op
Dhrone is the Van Damme to Duckman's Dennis Rodman.
NEW YORK (Reuters) - Video game maker Electronic Arts (ERTS.O: Quote, Profile, Research, Stock Buzz) warned on Tuesday it expects fiscal 2009 net revenue and earnings per share to be below its previous financial outlook due to slower than expected holiday sales across North America and Europe.
The company said in a statement it does not expect to provide updated financial guidance for fiscal 2009 before it reports third-quarter results in early February.
Shares of EA dropped more than 6 percent to $18.12 in after-hours trading after the company's announcement.
EA, which makes popular games like "Madden NFL" and "FIFA Soccer," said it is continuing to pursue cost saving measures such as reducing its product portfolio for fiscal 2010 with associated job cuts and facility consolidations.
"We are disappointed that our holiday slate is not meeting our sales expectations," EA Chief Executive John Riccitiello said in a statement.
"Given this performance and the uncertain economic environment, we are taking steps to reduce our cost structure and improve the profitability of our business."
Other video game makers including Take Two Interactive Software Inc (TTWO.O: Quote, Profile, Research, Stock Buzz) and Microsoft Corp's (MSFT.O: Quote, Profile, Research, Stock Buzz) games unit have said they expect sales to hold up this holiday season despite the economic downturn.
The stock fell $2.52, or 11.52 percent, to close at $19.35 in regular Nasdaq trading.
The EA guy said that first installments usually get low sales (unless youre Gears or Halo) but they will build upon it.
Of course EA is fucked this winter. They put tons of money into two original franchises with Dead Space & Mirrors Edge and both bombed.
Then again Rockband 2 and its DLC should be doing nice for them.
really? 300K in one month across two platforms for a EA game is a bomb to me, and them since they were expecting more out it.