Are Revenue Gains Coming at the Expense of Profits?

Edge writes: "It is no secret that the stock market had an almost universally awful performance in 2008. Therefore it is no surprise that almost all the game companies saw their market value decline. However, it has also the general convention that the game industry is "recession proof." Looking at the sales numbers it is clear that the industry showed significant growth and most public game companies have been reporting strong revenue increases. Of course, with market conditions as they are, this growth has not translated into increased investor value."

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