PS2 News: PS2 shipping difficulties hurt InterAct. - PS2 News

Members Login: Register | Why sign up? | Forgot Password?

PS2 shipping difficulties hurt InterAct.

  Recoton, the parent company to popular accessory developer InterAct, has announced an expected 20-25% percent shortfall in the fourth quarter from its videogame division. Robert L. Borchardt, the company's CEO, blames the difficulties on PlayStation 2's shipping woes. He said, "We, and others, are very disappointed in the reduced deliveries of Sony's PlayStation 2 gaming system and with the sales of all videogame platforms which appear to be down this holiday season causing a major gaming revenue shortfall."

   Despite the bleak holiday season for Recoton, Borchardt remains hopeful that the company will rebound in the future, adding, "We anticipate a strong rebound in 2001 for our videogame segment based on the expected regular deliveries of PlayStation 2 and PlayStation One combined with the introduction and delivery during 2001 of the new Nintendo Advanced GameBoy, GameCube and Microsoft Xbox systems. This coupled with continued positive growth from our Consumer Electronic Accessory and Audio segments gives us strong expectations for improved performance in 2001."


1/5/2001 Bryan Keers

Put this on your webpage or blog:
Email this to a friend
Follow PSX Extreme on Twitter

Share on Twitter Share on Facebook Share on Google Share on MySpace Share on Delicious Share on Digg Share on Google Buzz Share via E-Mail Share via Tumblr Share via Posterous

New Comment System

Legacy Comment System (0 posts)

There are no comments to display.

Leave a Comment

Please login or register to leave a comment.

Latest Updates

Shadow of the Colossus Review
4d, 14h, 18m ago (2 comments)

Strikers Edge Review
8d, 14h, 58m ago (19 comments)

Okami HD Review
9d, 12h, 50m ago (6 comments)

Ultimate Chicken Horse Review
13d, 7h, 44m ago (16 comments)

Black Mirror Review
28d, 19h, 46m ago (23 comments)

Our Poll

How often do you visit the site?
Once a day
Several times a day
Every few days
Once a week
This is my first visit
I've never been here, even now I am not here

Previous Poll Results