Home

Analysts: Gaming Industry Outlook is Murky

This is a discussion on Analysts: Gaming Industry Outlook is Murky within the Operation Sports Content forums.

Go Back   Operation Sports Forums > The News Desk > Operation Sports Content
FIFA 19 Review
NHL 19 Review
NBA 2K19 Review
Reply
 
Thread Tools
Old 08-16-2011, 10:50 AM   #1
Executive Editor
 
RaychelSnr's Arena
 
OVR: 57
Join Date: Jan 2007
Location: Oklahoma City, OK
Posts: 5,663
Blog Entries: 490
Analysts: Gaming Industry Outlook is Murky


Amid yesterday's news that gaming sales went into the toilet thanks to a weak gaming lineup mixed with depressed consumer sentiment -- we see analysts try to break it down for what all this might mean today. First up is Zacks:

Quote:
"In the present scenario, with the changing dynamics of the gaming industry, consumer spending on mobile games and social networking games are gaining tremendous popularity. We believe publishing companies having an exposure in these segments would be benefited in the long run.

To drive home the advantage of the popularity, Electronic Arts had bought PopCap Games, which is one of the largest social gaming companies with over 150 million games that are played on various platforms such as Facebook, RenRen, Google Inc.ís (GOOG - Analyst Report) Android, Apple Inc.ís (AAPL - Analyst Report) iPhone, iPad and also on the web. We believe that other publishers would follow soon.

We also believe that digitalization of the games would be a major revenue earner for the publishing companies."

For those who don't want to read the entire report (which is quite short regardless), analysts conclude that the gaming industry is weak and August should see sales fall by 30% or more as well. The industry will get a turn upwards with big box retail games hitting soon -- but the physical disk based business seems to be suffering right now. The $60 price tags and lack of quality titles definitely has worked against gaming publishers this summer.

It's definitely something we've got to keep an eye on, because the last time the gaming industry went through this type of a slump we lost several long running and quality titles. While most current titles are now on firmer footing (the weak ones were already eliminated), there are still several titles which are intended to be franchises which could be scrapped (EA Sports MMA being one notable example).

We'll be keeping an eye on this.

RaychelSnr is offline  
Reply With Quote
Advertisements - Register to remove
Old 08-16-2011, 11:57 AM   #2
RKO!!
 
PantherBeast_OS's Arena
 
OVR: 53
Join Date: Apr 2009
Location: North Carolina
Posts: 6,839
Blog Entries: 1
I don't think it is just the lack of how good the games are. It's just this nation and the world has Money troubles right now and people are losing their jobs left and right. So that is hurting not just the gaming business, but alot of other businesses aswell. Since we are the end of this current Gen. Consoles. I'm sure the prices of games will start coming down some to help boost the sales if this slump keeps happening. But overall the whole world is hurting right now some way or another money wise.
PantherBeast_OS is offline  
Reply With Quote
Old 08-17-2011, 04:43 AM   #3
Pro
 
OVR: 33
Join Date: Mar 2009
Location: Kent, UK
Blog Entries: 49
Can we really take any notice of this statement at a time when the entire global economy is at such lows To make a judgemental analysis on the long term future of any market segment at this moment is pure speculation.
Dazraz is offline  
Reply With Quote
Old 09-07-2011, 07:39 AM   #4
Rookie
 
OVR: 0
Join Date: Sep 2011
Re: Analysts: Gaming Industry Outlook is Murky

Quote:
Originally Posted by Legend Killer
I don't think it is just the lack of how good the games are. It's just this nation and the world has Money troubles right now and people are losing their jobs left and right. So that is hurting not just the gaming business, but alot of other businesses aswell. Since we are the end of this current Gen. Consoles. I'm sure the prices of games will start coming down some to help boost the sales if this slump keeps happening. But overall the whole world is hurting right now some way or another money wise.
100% agree with you!!
soohoot59 is offline  
Reply With Quote
Reply


« Previous Thread | Next Thread »

« Operation Sports Forums > The News Desk > Operation Sports Content »


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT -4. The time now is 03:50 PM.

Top -