We really underestimated the impact of consumers sitting on the sidelines and not getting their hands on the next-generation 360 console.
More Quotes from Larry Probst:
We think that more people will buy two football games than they did last year.Larry Probst
We decided we wanted to move really fast on this, so we joined with the leader in North America to enable our content to be deployed on mobile phones more aggressively here and globally.
Larry Probst
These promotions of Paul, Gerhard, David, and Frank reflect the enormous amount of talent and depth within our organization, ... Each of these executives has served many years in our company, developing their leadership skills and proving themselves with increasing levels of responsibility. I believe this is the strongest and most capable executive team in our industry.
Larry Probst
Holiday sales are not meeting expectations. For the December quarter, it is likely the industry will be down double digits on a percentage basis.
Larry Probst
We ended 2005 in a very strong competitive position. We were number one on the PlayStation 2, the Xbox, PSP and PC in both North America and Europe. We also had a successful launch on the Xbox 360 and expect that we will be the number one publisher on this platform in 2006.
Larry Probst
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