"In a conference call following the publisher's impressive Q2 fiscal results, Take-Two acknowledged that its 2K Sports division will not be able to generate a profit for the current fiscal year, which ends on October 31.

"The primary reasons for our lack of profitability [in sports] were lower attach rates than we expected on the increased installed base of Xbox 360 and PS3 hardware, and we made some changes in the release schedule that obviously reduced the revenue a bit. ... We take our ..."

tyranitar24 via www.gamedaily.com »