Operation Sports Forums - NBA Elite 11 Delay Could Cost EA $60 Million (Gamespot)

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NBA Elite 11 Delay Could Cost EA $60 Million (Gamespot)

Ordinarily in basketball, a delay of game penalty costs a team no more than a free throw and possession of the ball. But when the delayed game is NBA Elite 11, the punishment could be more severe.

Quote:

"In a note to investors, Wedbush analyst Michael Pachter said the delay could cost publisher Electronic Arts as much as $60 million. Pachter lowered his holiday quarter revenue projections for the publisher from $1.52 billion to $1.46 billion, reflecting the loss of 1.1 million sales of NBA Elite 11.

Perhaps worse, Pachter thinks the game's 2011 first quarter sales will now be less than before, even with the game presumably launching in that window. In revising his figures, Pachter said he only expects the game to sell 500,000 copies at launch. When NBA Elite 11 was still set for an October launch, Pachter had expected sales of 550,000 for the January-March quarter. He even raised the prospect of it being canceled outright."