Seekingalpha.com writes: CFO Chris Liddell says the company's new guidance for the June 2009 fiscal year reflects the company's anticipation of a global recession.
As noted earlier, the company now sees revenue of $64.9 billion to $66.4 billion, with profits of $2 to $2.10 a share; in July the company had projected revenue of $67.3 billion to $68.1 billion, with profits of $2.12 to $2.18 a share. Speaking on a conference call with analysts, Liddell says the low end of the guidance range assumes a mild recession; the bottom end of the range assumes a deeper recession, and lower IT spending growth.
New report from Skillsearch found that 22% of those surveyed had been laid off within the past 12 months.
It's a step forward for Stop Killing Games.
The Callisto Protocol director thinks the solution involves the right people, the right timing, and perhaps a little bit of AI
I don't agree with that. I WISH I could agree with that. But buying habits and customer opinions prove otherwise
We've seen developers in the AAA space try new things and ideas. More often than not, the customers aren't willing to give things a chance, or not enough people buy into the project for it to grow.
Creativity works better in the indie space because the budgets, pressures, and expectations aren't the same.
it's a nice idea and it worked during the PS2/PS3-era when AAA didn't cost hundreds of millions of dollars. smaller budgets and shorter development time left room for more creativity and more risk. a game didn't need to sell 4 million+ copies to break even. things are different now.
This is the guy who bragged about crunching his staff and having them work through the night. Crunch culture has lost more talent and done more damage to the industry than any other factor. Screw him.
to be handling the financial crisis better than some other firms.
This could be good for 360 gamers.
for a second I thought his name was Chuck Liddel LOL
Poor micro$oft
Poor xbox 360 business
has said he has 18 months left to fight
he has 6 more fights on his contract!
Chuck is still a bad man but his chin has been chipped and with his style of fighting, counter puncher, when u lose a step you get crushed! He got crushed by Evans and will reritre soon. Still one of the best fighters to watch because you know he is going for a KO
The Spider is the best fighter in the world and i cant see anyone making it past the 2nd round vs that guy! He is the best fighter we have seen in the last 20 years of combat sports