“The company provided a very bullish outlook for revenue and earnings growth in financial year 2006 due to a combination of cost savings, better than expected integration of the Electronics Boutique merger and continued strength and better margins on used games,” said Wedbush Morgan analyst Michael Pacther.
“We had expected the company to provide cautious initial financial year ’06 guidance due to continued supply constraints of Xbox 360 units, continued weakness in current generation software sales and uncertainties with the launch of the next generation.”
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