Filed under: Earnings Reports, Forecasts, Microsoft (MSFT), Sony Corp ADR (SNE), Electronic Arts (ERTS), Activision Inc (ATVI), Nintendo (NTDOY)
Electronic Arts (ERTS), a software maker whose colleagues include Activision Blizzard (ATVI), Microsoft (MSFT), Nintendo (NTDOY) and Sony (SNE), will be reporting third-quarter numbers on Monday, Feb. 8, after the market closes up shop. This is going to be an interesting one.
I doubt there are many market watchers out there who aren't aware of the problems in the video game industry; 2009 was not the best of years for the sector, and investors are hoping that 2010 will execute a rebound. However, EA has specific fundamental problems. The declines seen in its share price cannot be solely sourced to the macro conditions of the current console cycle.
Continue reading Electronic Arts to Report Q3 Data: Should You Play This Game?
Electronic Arts to Report Q3 Data: Should You Play This Game? originally appeared on BloggingStocks on Sat, 06 Feb 2010 14:10:00 EST. Please see our terms for use of feeds.
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