Warren Jenson Quotes (10 Quotes)

Calendar 2006 will be a year of investment ahead of revenues. Our resources will be focused on next-generation software and the global expansion of our online and mobile businesses.

We went all-out to make sure we delivered for customers this holiday season.

I think you will walk away understanding our confidence in the fourth quarter, ... We are highly confident in our ability to deliver pro forma operating profitability in our fourth quarter.

We expect our U.S. Books, Music and DVDVideo segment to be profitable on a pro forma operating basis for the full year 2000,

EA was the number one publisher on PS2, Xbox, and PC in North America and in Europe. Specifically on the PSP we ended the year with 31 percent revenue share in North America and we estimate 25 percent in Europe.

At the time of our last earnings call, we estimated industry numbers to be lightly up against last year given the introduction of two new platforms. It now appears that the overall market will be down in the double digits. The demand curve has shifted abruptly.

We expect strong year-over-year sales growth in the first quarter, and our outlook for growth in 2000 remains strong. We expect that in 2000, our overall operating loss will decrease significantly as a percentage of sales.

With respect to cash, I'd like to make one point. Unless we choose to raise cash to further strengthen our balance sheet or for strategic flexibility, we have no reason to do so.

Over the past year, our U.S. pro forma operating loss decreased from 24 percent of net sales in the fourth quarter of 1999 to less than 2 percent in the fourth quarter of 2000,

We continue to make progress toward reaching pro forma operating profitability in the fourth quarter of 2001, ... This quarter, the U.S. was profitable on a pro forma operating basis for the first time, and this is our sixth sequential quarter of improved absolute pro forma operating results.