Take Two Interactive (TTWO) update
The July video game sales numbers just came out and they are fairly encouraging. Aggregate industry sales are up 22%. Take Two Interactive (TTWO) saw even larger gains as described in the article:
Meanwhile, Take-Two Interactive Software Inc.'s shares dropped 2 cents to $10.62 on the Nasdaq. The company saw sales rise 34 percent, helped by easy year-ago comparisons and gained one percentage point of market share to 8 percent.
Note the casual reference to the market share increase of 1%. When you break it down, going from 7% to 8%, this translates into a 14% gain in market share.
I wrote a post earlier this week on TTWO as a value play, it is accessible here.
Meanwhile, Take-Two Interactive Software Inc.'s shares dropped 2 cents to $10.62 on the Nasdaq. The company saw sales rise 34 percent, helped by easy year-ago comparisons and gained one percentage point of market share to 8 percent.
Note the casual reference to the market share increase of 1%. When you break it down, going from 7% to 8%, this translates into a 14% gain in market share.
I wrote a post earlier this week on TTWO as a value play, it is accessible here.
posted by spinoff at
2:18 PM
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