'What's Happening Is The Destruction Of The Classic Game Console ...

What?s happened in the business of video games this past week ?

QUOTE | ?What?s happening is the destruction of the classic game console.? ? John Welch, CEO of Making Fun, talking about the impact of mobile and social gaming on the game industry.

QUOTE | ?Wii U is dead if they launch at $US259.? ? Wedbush Securities analyst Michael Pachter, talking about the Wii U?s possible list price and how it will affect sales.

STAT | 850,000 ? Total number of Android devices activated each day, according to Google SVP Andy Rubin, talking about the continued growth of the Android platform.

QUOTE | ?Anyone can throw crap at a wall and see if it sticks.? ? Ben Moore from Mighty Rabbit Studios, talking about the difficulties of being an iOS game developer.

QUOTE | ?Mobile and social developers are moving at internet speed. So where does this leave traditional game publishers?? ? Mark Friedler, game industry veteran, talking about what mobile and social games are doing to other game publishers.

QUOTE | ?My mistake was in predicting that they would behave as rational business people.? ? Michael Pachter, research analyst at Wedbush Securities, talking about Nintendo?s failure to ship a Wii HD years ago.

QUOTE | ?Why not put our IP [on mobile and social]?? ? Sony Worldwide Studios head Shuhei Yoshida, on the possibility of Sony putting out some of their IP on mobile or social platforms.

QUOTE | ?I don?t like it when Zynga gets bad press.? ? Rich Hilleman, Chief Creative Officer for Electronic Arts, saying he would defend any company in the game industry when they are wrongfully attacked.

STAT | $US2.3 billion ? Size of the virtual goods market in 2011, according to a new study from Magid Advisors.

QUOTE | ?It can totally turn around the way games are created.? ? Scott Zerby, president of Gamers Digital, talking about Double Fine?s incredible success with Kickstarter.

QUOTE | ?Platform owners could have cut us off a long time ago.? ? GameStop CEO J Paul Raines, talking about how GameStop continues to work with publishers despite selling used games, which publishers despise.

QUOTE | ?Conditions [are] becoming markedly more challenging.? ? Steve Bailey, senior analyst for games at IHS, talking about the Facebook gaming market for 2012.

This Week in the Business courtesy of GamesIndustry International.

Image from Shutterstock

Source: http://www.kotaku.com.au/2012/03/whats-happening-is-the-destruction-of-the-classic-game-console/

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