- Sales of the popular game Red-Dead Redemption were looking weak in the quarter, according to Cowen. Still, in game monetization could provide a revenue boost. Look out for management commentary on their intentions on how to sell and monetize the game.
- Take-two is more exposed to console sales than competitors Electronic Arts (EA) and Activision Blizzard (ATVI) , and the upgrade cycle for consoles is kicking in soon. See what management says about revenues related to the console cycle.
The earnings didn't impress, while the earnings guidance for the current quarter caused the stock to waffle in post market trading.
See the earnings results here: Take-Two Shares See-Saw After Mixed Earnings Report
Apple (AAPL) , Real Money's stock of the day, fell more than 6% to $184.90 a share as China retaliated against President Trump with tariffs on American goods going into China.