Thursday, February 5, 2009

Capcom Reports Major Losses

More economic bad news in the gaming industry - Capcom has reported that their net income has dropped a whopping 95 percent since last year.

Personally, I don't really understand how their net income dropped so far since their net sales are only down 13.4 percent.

All of these gaming companies posting such losses recently could be bad news for gamers. With profits down, companies tend to be less willing to try new IPs which means more sequels and more franchise games.

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