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Forums - Sales Discussion - Shocking news: Take 2 posts a loss in their latest earnings report.

I think EA should make another offer or better yet, one of the big three.



Generation 8 Predictions so far.....(as of 9/2013)

Console that will sell most: Nintendo Wii U

Who will sell more consoles between Microsoft/SONY: SONY

 

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Bad management, short and simple.



In the wilderness we go alone with our new knowledge and strength.

Errrrr....Take Two made money last year...$97 million. With Red Dead Redemption, Bioshock 2, and Max Payne 3 on tap for 2010, it shoulg be a solid year for them. Rockstar is probably working on the next GTA, and also on their PS3 exclusive Agent, so that's going to be money burning for the years, but in general, they sohuld be fine.



"...You can't kill ideas with a sword, and you can't sink belief structures with a broadside. You defeat them by making them change..."

- From By Schism Rent Asunder

Thats a small loss.

Take 2 is in the upper league of gaming companies...they are almost...not...losing...money.



How is this shocking new?

It would be news if they actually posted a profit for any quarter...



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Who runs that company?
It needs better management.



 

   PROUD MEMBER OF THE PLAYSTATION 3 : RPG FAN CLUB

 

"Take Two can suck it down"
- Duke Nukem



Aion said:
Who runs that company?
It needs better management.

I wouldn't count on that any time soon, they have already been involved in two SEC investigations.  Last year for instance 5 people were responsible for $6 million in salaries.  They have had a history of backdating options, understating salaries and compensation, etc.