November 20, 2017
Archives  News  Wall Street Reacts To Slow Games Sales  


Tuesday, December 16, 2003
 
Wall Street Reacts To Slow Games Sales
11:53 AM | Jean-Luc Dinsdale | Comment on this story

Despite being in the middle of the usually busy Holiday shopping season, games sales this year seem to be slower than expected. A survey of 20 Electronics Boutique and 20 Wal-Mart stores in the US by investment firm J.P. Morgan Securities has found that half the store had too much inventory, despite retailer’s expectations that game sales this year were going to surpass sales figures from the same period in 2002.

As the results of the survey were made public, stock prices of the biggest game software publishers, including Electronic Arts, Take-Two Interactive, and Atari, fell on Monday, seeing a decrease of between one and three per cent.

Video game companies have been under heavy scrutiny since November of this year. Unfavourable sales data, the lack of heavy discounts on the biggest gaming consoles, and concern about publishers’ ability to meet their sales forecasts have all caused investors to be bearish about game stocks.



Other Mac Games News for Tuesday, December 16, 2003

Screenshots From Cancelled Game Fallout 3 Posted12:19 PM
• Wall Street Reacts To Slow Games Sales11:53 AM
Toysight Demo Released11:50 AM
iDevgames Website Hacked Again11:48 AM
WarCraft III Patch Released11:46 AM
Shadowbane Development Plans8:47 AM
Revolution 7.1 Driver 1.2.9 Update8:46 AM
Soldier of Fortune II Q&A Posted6:00 AM
World of Warcraft First Impressions6:00 AM
 
View all of the Mac games news for Tuesday, December 16, 2003 on one page

Mac Games News for Monday, December 15, 2003

IMG Previews Wakeboarding Unleashed2:23 PM
The Sims: Makin' Magic Trailer Posted1:57 PM
Halo Opening Sales Figures Highest In Four Years12:51 PM
Shadowbane Downtime Compensation11:18 AM
Blades of Avernum Coming; Geneforce 2 Updated10:54 AM
Uru Survey Mentions Mac10:15 AM
EV: Nova Patched to v1.076:05 AM
The Gamesome Mac Talks with Destineer & Bungie6:05 AM
 
View all of the Mac games news for Monday, December 15, 2003 on one page


Recent Mac Games News

Friday, December 12, 2003
Thursday, December 11, 2003
Wednesday, December 10, 2003
Tuesday, December 9, 2003
Monday, December 8, 2003


Search for other Mac games news stories or browse our Mac Games News Archive.



Archives  News  Wall Street Reacts To Slow Games Sales