wraggster
January 10th, 2009, 00:59
Gamasutra is reporting that Eidos Interactive has lowered its previous financial estimates from $273 million-$303 million (£180-£200 million) down to $243 million-$273 million (£160 to £180 million) on reports that the sales of Tomb Raider: Underworld have been lower the company's internal forecasts. Even still, the publisher claims that it was "pleased" with Tomb Raider's sales in some European territories.
North America was the main problem area which Eidos blames on the massive economic downturn in the region. Eidos says that retailers were forced to restrain inventory levels and offer discounts to ensure that product moved off the shelves. Tomb Raider: Underworld has currently sold an estimated 1.5 million units worldwide.
Eidos stock, which is traded on the London Stock Exchange, fell as much as 25 percent in early morning trading from $26 (£17.25) a share to $19 (£12.75) a share. The company's stock has taken a dip of around 80 percent in the last 12 months.
http://uk.pc.ign.com/articles/943/943493p1.html
North America was the main problem area which Eidos blames on the massive economic downturn in the region. Eidos says that retailers were forced to restrain inventory levels and offer discounts to ensure that product moved off the shelves. Tomb Raider: Underworld has currently sold an estimated 1.5 million units worldwide.
Eidos stock, which is traded on the London Stock Exchange, fell as much as 25 percent in early morning trading from $26 (£17.25) a share to $19 (£12.75) a share. The company's stock has taken a dip of around 80 percent in the last 12 months.
http://uk.pc.ign.com/articles/943/943493p1.html