Football Manager Handheld: "There is a new version coming, and again, it should be out before Christmas."
Sega will sacrifice operations in Europe and Australia to laser-focus on four key brands: Aliens, Sonic, Total War, Football Manager.
Sports Interactive boss Miles Jacobson has said on Twitter that rumours Sega Europe is to close are "false".
Sega will cut jobs and cancel titles as it attempts to "streamline" the home video games business in Europe and the US.
Parent company Sega Sammy released a statement announcing the "structural reform" today. It comes as Sega braces investors for an "extraordinary loss" for the full financial year ending 31st March 2012.
"The Consumer Business centred on Sega Corporation is expected to post operating loss in the year ending March 2012, due to the challenging economic climate and significant changes in the home video game software market environment in the US and Europe.
Tablet technology in two years will be as powerful as PC tech was last year, Football Manager boss Miles Jacobson believes.
Sega has announced Football Manager Handheld 2012, due out around midnight tonight for iPod Touch, iPhone and iPad (with iOS 3.0 or above).
The game launches in a single package, meaning you can play it on multiple devices, should you own them.
If you have Apple TV and iOS 5 you can mirror Football Manager Handheld 2012 from your iPhone or iPad to your TV screen while controlling it with the handheld device.