THQ's uDraw Isn't Selling Well on HD Consoles

THQ isn't particularly happy today. The company announced that it expects net sales for the third quarter to be 25% below its previously announced guidance of $510 to $550 million. In other words, THQ now expects its sales will be $128 to $138 million less than it had hoped. Why? The uDraw GameTablet, recently launched for the Xbox 360 and PlayStation 3 isn't selling well. The version that launched for the Wii sold very well, but (according to president and CEO Brian Farrell) "...initial sales of our uDraw tablet and software on these high-definition platforms have been weaker than expected."