Summary
Video games retailer Game Group said yesterday it expects the postponed European launch of Sony's Playstation 3 console to reduce its annual profits.
Game's finance director David Thomas described Deutsche Bank's estimate of the impact on its full year profits of the delay, which the German broker put at pounds 3.5 million, as "reasonable".See the full content of this document
Extract
Ps3 Delay Hits Game Profits
The console was due to be launched in November, but is now scheduled for introduction in March next year.
The reduction in expectations means analysts are no...See the full content of this document
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