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FEATURED VOXPOP samsmith614 Since game design is a business, I decided to see what's really selling well for the PS4. I did this search a week ago, and at the time, out of the top 20 bestsellers on Amazon 10 had not even been released yet. By now some have been released. But others still have not. And yet others...

DAILY MANIFESTO

Stock, Drop and Roll

Posted on Monday, June 19 @ 21:08:34 Eastern by Ben_Silverman
We gamers are quick to point out how awesome our industry is doing. We gamers are also stupid and wrong.

A New York Times piece pulls back the curtain on the little industry that could by pointing out the recent stock woes of the four main third-party companies: EA, Activision, THQ and Take 2. Following E3, each of these giants has watched their stock price flutter and fall to the collective tune of 6 billion in market cap. That’s, like, four PS3s!
 
But before we slam the coffin lid and hammer in the nails, keep in mind that we’re at the end of a platform cycle, which has historically been matched by a financial lull. And losing money after E3 makes sense since few games ship in the weeks following the show. When Jaws: Unleashed is one of the biggest releases of the month, you know the month sucks.
 
So I imagine we’ll see a nice fat rebound once we hop out of the summer doldrums and slide into the winter panic. You know, in five months. Read any good books lately?


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