People who know me are probably aware I’m a fan of SEC filing-diving - wandering through mounds of technical info for interesting tidbits, which is how the recent Gamasutra story about Electronic Arts’ financials came about, with interesting info about EA’s reliance on the GameStop/Wal-Mart nexus and its Xbox 360-centric SKU blend for its most recent quarter.
Anyhow, there’s another area of these quarterly reports that I wanted to highlight, because I think it’s really funny and somewhat telling - it’s the ‘terrible things that might theoretically happen to us’ section. More specifically, for liability and legal reasons, U.S. traded companies have to put this section in their SEC filing, and it reads at the top:
“Our business is subject to many risks and uncertainties, which may affect our future financial performance. If any of the events or circumstances described below occurs, our business and financial performance could be harmed, our […]
Original post by editors@gamesetwatch.com (Simon Carless) and software by Elliott Back
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