Tag Archives: loss

The Sims 3 leaked online 2 weeks before public release

It looks like EA haven’t won the piracy battle yet (will they ever?).

The Sims 3 has been found on public P2P sites just two weeks before the public release of The Sims 3. It can now be downloaded and played on, however this is illegal and GEEK! does not encourage you to do so.

Electronic Arts, the owner of The Sims 3, has previously tried and failed to stop piracy when it launched its last Maxis game – Spore. This was also leaked on to P2P sites before release.

The Sims 3 is currently due for launch on June 5th in the United Kingdom, but it looks as if many people may already have a copy thanks to the online torrent.

It’s a sad time for the game industry at the moment – too many profits are being lost thanks to P2P sites. The gaming industry needs to learn to work with P2P, because it’s totally obvious that the gaming industry will never win against P2P. If you can’t beat ’em, join ’em…

Credit crunch still having shocking effects

The credit crunch is still causing problems, even after almost 2 years of battering businesses across the globe.

Sony has today announced the first loss in 14 years, which was a big shock to the company. The loss was caused by the recent fall in sales of Sony equipment because of the decrease in market. 

The Japanese company has reported a £685m loss (98.9 billion yen; $1.04 billion) for the year to the end of March. The company has said that they will be cutting 8,000 jobs and closing 10% of its factories.

So it looks as if the credit crunch has not finished yet. How long will it be before we finally see an increase in the market? The predictions stand that it will be another difficult year for the financial market, but we’ll have to see what happens.