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FEATURED VOXPOP KevinS
RIP Ralph Baer (1922-2014)
By KevinS
Posted on 12/07/14
RIP Ralph Baer (1922-2014) I really, really hate writing obits. I really do. But I take it as a personal honor to be able to say good things about the men and women I respect, whether in this industry or just in my life, and Ralph Baer is the reason all of this exists in the first...

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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