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20 ordspråk av Warren Jenson

Warren Jenson

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I think you will walk away understanding our confidence in the fourth quarter, ... We are highly confident in our ability to deliver pro forma operating profitability in our fourth quarter.

We expect our U.S. Books, Music and DVD/Video segment to be profitable on a pro forma operating basis for the full year 2000.

Over the past year, our U.S. pro forma operating loss decreased from 24 percent of net sales in the fourth quarter of 1999 to less than 2 percent in the fourth quarter of 2000.

This is a period that's bittersweet. There's a lot of positives that will take place this year, but there will be lots of challenges, too.

Calendar 2006 will be a year of investment ahead of revenues. Our resources will be focused on next-generation software and the global expansion of our online and mobile businesses.

In sports we had 70 percent category share on consoles in North America. We had 15 of the top 20 sports titles on the PS2 and 14 on both the Xbox and PC.

December was a quarter where we held our own ... but overall sales were disappointing.

This is unfortunate, but it's a natural part of our transition.

We believe Microsoft will continue to step up production throughout the year.

EA was the number one publisher on PS2, Xbox, and PC in North America and in Europe. Specifically on the PSP we ended the year with 31 percent revenue share in North America and we estimate 25 percent in Europe.

We have seen some softness in retail in October,

With respect to cash, I'd like to make one point. Unless we choose to raise cash to further strengthen our balance sheet or for strategic flexibility, we have no reason to do so.

We expect strong year-over-year sales growth in the first quarter, and our outlook for growth in 2000 remains strong. We expect that in 2000, our overall operating loss will decrease significantly as a percentage of sales.

In addition we expect to end the year with roughly $1 billion in cash,

We went all-out to make sure we delivered for customers this holiday season.

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