Take-Two Doesn't Expect Tariffs to Increase Prices For Gaming Console -- Market Talk

Dow Jones

2025/05/16

1728 ET - Take-Two Interactive Software isn't worried about tariffs driving the cost of gaming consoles higher, CEO Strauss Zelnick says on a call with analysts. It's difficult to predict where tariff policies will land, he says, but based on current levels tariffs would have to run off in a very different direction to meaningfully impact the company's fiscal 2026 outlook. "In any case, there's already a very substantial installed base for all of our target platforms, except the Nintendo Switch Two, which has yet to be launched," he says. Shares fall 3.3%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

May 15, 2025 17:30 ET (21:30 GMT)

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It's difficult to predict where tariff policies will land, he says, but based on current levels tariffs would have to run off in a very different direction to meaningfully impact the company's fiscal 2026 outlook. \"In any case, there's already a very substantial installed base for all of our target platforms, except the Nintendo Switch Two, which has yet to be launched,\" he says. Shares fall 3.3%. (connor.hart@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 15, 2025 17:30 ET (21:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1861220033.SGD","symbol_name":"Blackrock Next Generation Technology A2 SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2535806341","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535806341","pubTimestamp":1747344600,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1728 ET - Take-Two Interactive Software isn't worried about tariffs driving the cost of gaming consoles higher, CEO Strauss Zelnick says on a call with analysts. 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