During the conference call, they basically said last quarter was "the low point"; sort of expected -- since, last quarter they released one "dud" (Star Trek Gen). On the other hand, so far this quarter, they have released a title which is likely to sell much better than the last few. In fact, since they do 75% of their business in Europe, and the new title is now the #2 best seller...I'll let you guys figure it out.
The key point made in the conference call was very positive. Something like "...each quarter in this fiscal year will show sequential improvement..."
From the release, looks like they got off to a hell of a start on the current quarter. Remember, Microprose hits have a lot of staying power on the top-sales charts... X-COM: Apocalypse(TM), which was released worldwide the week of July 14, has shipped more than 120,000 units and has charted as #2 in the United Kingdom. The other new release planned for the second quarter is 7th Legion(TM), a real-time, multiplayer, strategy game licensed from Epic MegaGames.
In summary, based on the fact that last quarter was a seasonally slow quarter, AND they only released one product AND that product was a dud, the worst is over. Already this quarter they have a hell of a hit in the European market...and a second title to be released this quarter has equal prospects.
Dan |