Reuters reports that EA will be "well below" estimates for the December quarter. EA Chief Exec Larry Probst told Reuters, "For the December quarter, it is likely the industry will be down double digits on a percentage basis." However, all of this gloom and doom financial talk shouldn't concern anyone too much. I think, if nothing else, people are being careful with their cash and waiting to see what the next generation of consoles is going to offer us. But, if PS3 ships next holiday season (as people expect) - we'll probably see more shortages and overall sales could still be low.

EA Says to Be 'Well Below' Profit Targets [Reuters]

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