I work in non-gaming software, and while its not the same industry it still shares similarities for obvious reasons. We used to be smaller but got bought by increasingly larger companies. Once you're run by a big company with shareholders the ideas of reinvesting money is over (we no longer have an R&D or Internal Development budgets). Each quarter and year are independently reviewed and much like that recently released game "Game Dev Tycoon" you're always competing against your previous score and can potentially screw yourself. If the head office says "we will make X% more profit per year" then doing really good sets the next bar in relation to your new top profit, which may actually set the bar too high. Then people get laid off and the process repeats anew.
And its all because shareholders are people who want to invest, pray the company makes short term high gain moves (which are potentially long term disasters), then sell ... not giving a damn about what happens afterwards. And to appease the next shareholder, you force your employees to repeat and repeat and repeat and POP goes the bubble.
In early morning trading Sony, EA, Take-Two are Up and Microsoft, Ubi, Activision are Downhttp://www.gamesindustry.biz/article...crosoft-slidesInvestors are reacting in early trading today, and Sony's positive buzz around PS4 continues
It's now the morning after. The dust is beginning to settle after yesterday's skirmish - a fight clearly won by Sony's uppercut punch to Microsoft on used games - but now investors are weighing in with early trading on the stock market. So far today the message is clear: Microsoft is down while Sony is up.
As of this writing, Microsoft stock (MSFT) has dipped nearly 1.7 percent while Sony's shares (SNE) have climbed over 1.7 percent. These percentages may not seem like a lot but it's important to remember that both Sony and Microsoft operate businesses that deal with a lot more than just video games. It's clear that yesterday's big E3 news is having an impact on investors' perceptions.
As for other gaming stocks, EA's and Take-Two's shares have climbed slightly while Ubisoft's and Activision's shares have dipped. Importantly, GameStop's shares have increased almost 9 percent on the news about consoles and used games.
Market closes in a few minutes, it will be interesting to see how it all worked out.
I'm surprised yet not that Ubisoft's stock dipped. A lackluster conference and the lockup of AC4 in the middle of the biggest of the 3 hardware conferences doesn't help.
OMG Nomura learn engrish
also, terrible questions are terrible. -_-
What am I watching? GT has a bunch of nerds w/ the stupidass JLO shades.
OMG will this retard ask Nomura about 2.5 already instead of asking him what he likes about Xehanort's zippers, etc.?
No one cares about 2.5 because 2 was god awful.
Sony - +2.17%
Microsoft - -1.78%
Nintendo - -2.35%
EA - -1.18%
Ubi - -1.42%
https://www.youtube.com/watch?featur...v=hPogSTwUREM#!
New FF XV gameplay vid going on right now.
dat behemoth
Holy shit i want FF15 so bad right now