Electronic Arts is the latest company to suffer from slower video games sales (Vivendi just announced weaker games results) as gamers wait to buy software until they have upgraded their consoles. EA have apparently decided to lay off 200 employees.
Both 2006 and 2007 will prove transitional years as tens of millions of people upgrade to the Xbox 360 and Playstation 3. After that expect the games industry to have a boom period.
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