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Electronic Arts (EA -1.1%) and GameStop (GME -1.7%) open lower after NPD reports U.S. physical...

Electronic Arts (EA -1.1%) and GameStop (GME -1.7%) open lower after NPD reports U.S. physical retail video game hardware and software sales for the pivotal month of December fell 27% and 23% Y/Y, respectively. Those numbers are much worse than the 13% and 11% drops reported for November, and are particularly discouraging in light of hopes new game launches would stabilize demand. The Xbox 360 was again the top-selling console with 1.4M sales, but that's still down 17.6% Y/Y. Piper has downgraded EA to Neutral.
Comments (2)
  • deercreekvols
    , contributor
    Comments (5393) | Send Message
     
    Physical sales were down y/y, how about downloads and apps?

     

    Tell the whole story on this, not just the part that looks bad.
    11 Jan 2013, 11:07 AM Reply Like
  • deercreekvols
    , contributor
    Comments (5393) | Send Message
     
    This was a year ago. The recent holiday numbers are not available as of yet.

     

    http://aol.it/Sr3dbt

     

    Guess the physical hardware sales numbers don't tell the whole story at EA.
    12 Jan 2013, 01:39 PM Reply Like
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