Soft PS3 Sales Spell Trouble For EA
Bank of America comments on video game industry saying softer -than-expected demand for PS3 hardware could be an ominous sign given the historical success of third-party software sales on Sony's game consoles. Firm's recent checks indicate sluggish PS3 sales, despite much improved availability. They believe disappointing PS3 hardware sales are an incremental negative for all the game publishers. Firm reiterates their view that early 2007 could be a challenging time for publishing stocks and point to the soft demand for PS3's as...
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