Analysts Revise EA, Take Two Outlooks In Wake Of NBA Elite Delay

Analysts have revised their financial outlooks for Electronic Arts and competitor Take Two in the wake of yesterday's announcement that EA's NBA Elite 11 would be delayed from October into 2011.

Wedbush Morgan analyst Michael Pachter lowered his overall sales estimates for Elite through March of 2011 from 1.65 million to 500,000 units, "due to the time-sensitive implications of the release," he said.

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