This happens every time there is a console transition. The only thing you can count on is that the transition will likely be harder than anyone expects it to be.
More Quotes from Michael Wallace:
We've all been friends and have been jamming together for a lot of years, so there is a lot of history between us and because of all the time spent jamming, we have almost a sixth sense about each other while playing.Michael Wallace
If they staggered it they'd probably have a better success rate of less violence.
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People who invest in these companies should not pay attention to quarter-to-quarter numbers, ... They should look at the yearly numbers. You need to take a long term approach.
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Many analysts say that Electronic Arts's strategy and dependence on sports games - which account for about 30 percent of its revenue - is smart. Their sports business gives them a leg up on everybody else, ... It's the closest thing there is to recurring revenue in this business.
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The interest rate markets have moved to swiftly price in one last act of enlightened risk management from Greenspan in the form of a tightening pause.
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It's a hit strewn business, ... Much like the movie business, you need to come up with something new and exciting. If there are expectations for a product that doesn't pan out, then you're in trouble.
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