THQ scrapped its plans for a PS3 version of the Saints Row game, a move that messed up the company's guidance for the first quarter. Investors have sent the stock down 4%.
They may be wrong. THQ did the right thing.
With sales of the high-priced PS3 consoles yet to take off -- and without the kind of resources that its much larger rival Electronic Arts -- THQ is better off concentrating on consoles with a sufficiently large installed base to recover game development costs.
More at TheStreet.com
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