Earnings warning.
Earnings Warning: Santa Monica-based Activision Activision, Inc. NASDAQ: ATVI is an American video game developer and publisher. It was the first independent developer and distributor of video games for gaming consoles, founded on October 1 1979. Inc. warned that
its third-quarter, fourth-quarter and full-year earnings will be
"significantly lower" than its most recent outlook due to
slower sales of its most profitable titles. The warning comes after
video game industry leader Electronic Arts Inc. signaled that sales were
weak in the first part of December December: see month. . Video game sales have been soft in
recent months as consumers waited for new gaming consoles See video game console. , starting with
Microsoft Corp.'s Xbox 360, which debuted in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. on Nov.
22.
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