While the company would as a result miss the holiday selling season, Bhatia contends there will be advantages to pushing to release out by a quarter, including a less competitive release calendar and a larger installed hardware base, including the potential launch on the Nintendo Wii U. A later release also will provide more time to polish the game, he writes.
Well, that's all nice, but a slip is a slip, and investors never want to see that.
TTWO is down 32 cents, or 2%, to $15.59.