The sad, slow fall of Atari

Iria · Jun 21, 2005, 03:49 AM

NEW YORK (CNN/Money) – In the late 1970s and early 1980s, Atari was king of the video game mountain. Now it's barely the court jester.

The Atari of old offered games and a home console – the Atari 2600 – that could be found in the living rooms of cool kids everywhere. The Atari of today is plagued by a revolving door in the executive suite and boasts a questionable line-up of upcoming games.

Fourth-quarter losses for the firm, reported earlier this week, came in at $9.1 million – better than last year's $17.3 million loss, but hardly confidence inspiring. And the comments from company executives in the conference call following the earnings announcement weren't exactly upbeat.

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Read More / Source: CNN Money

mike2h · Jun 21, 2005, 04:28 AM

cant have anyhting to do with their pathetic game support

Jun 21, 2005, 03:49 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 87	The sad, slow fall of Atari NEW YORK (CNN/Money) – In the late 1970s and early 1980s, Atari was king of the video game mountain. Now it's barely the court jester. The Atari of old offered games and a home console – the Atari 2600 – that could be found in the living rooms of cool kids everywhere. The Atari of today is plagued by a revolving door in the executive suite and boasts a questionable line-up of upcoming games. Fourth-quarter losses for the firm, reported earlier this week, came in at $9.1 million – better than last year's $17.3 million loss, but hardly confidence inspiring. And the comments from company executives in the conference call following the earnings announcement weren't exactly upbeat. _________ Read More / Source: CNN Money

Jun 21, 2005, 04:28 AM	#2
mike2h DriverHeaven Extreme Member Join Date: Nov 2002 Location: norcal Posts: 6,483 Rep Power: 89 System Specs	cant have anyhting to do with their pathetic game support __________________