I found this story on yahoo, I'm glad EA finally is seeing the bubble burst!
Deutsche Bank analyst Jeetil Patel said in a client note that the video game industry faced an easy year-over-year comparison since September 2005 sales were down 24 percent, and that last month's sales were down 3 percent from September 2004.
Patel expects publishers to beat his fiscal second-quarter estimates, but said that "more than the good news has already been priced in."
He noted that EA's "NBA Live 07" basketball game sell-through fell 10 percent, while Take-Two's 2K Sports' competing "NBA 2K7" game sell-through doubled off a much smaller base. Patel noted that EA, the world's biggest video game publisher known for its sports franchises, has seen its September basketball market share fall to 64 percent from 86 percent a year ago.
In a recent interview with Reuters, EA Chief Executive Larry Probst addressed concerns about the company's high-profile basketball game: "We will make some changes so we can bring a higher quality product and improve it next year."
Here's the entire link:
http://news.yahoo.com/s/nm/20061013/tc_ ... mes_npd_dc