Electronic Arts Lowers Sales Forecast PDF Print E-mail
Thursday, 05 November 2009
Although the economy is set to recover very soon, Electronic Arts has projected a rather grim outlook for their 2010 sales forecast. In fact, the company claimed that their sales will be weak for 2010, whereby the company spokesperson has indicated that Madden football series and The Sims sales were very weak in the European market. To make things worst, the company also recorded weak sales for their games in both GameStop and Best Buy stores. Electronic Arts has reduced their profit outlook to 40 cents and 55 cents per share for the financial year that will end in March.

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