Economics of the Video Game Market
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Console combat

Console combat | Economics of the Video Game Market | Scoop.it
The battle among video-game machinesPREPARE for a new slugfest among video-game consoles. On November 22nd Microsoft begins selling its Xbox One, a week after Sony...
Michael Excelsior Gratton's insight:

Very good charts representing the previous console generations sales, would be interesting to see if any modern 8th generation console could stand out like the PS2 and Wii did

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Nintendo executives take pay cuts

Nintendo executives take pay cuts | Economics of the Video Game Market | Scoop.it
Nintendo's top executives take temporary pay cuts to atone for a dive in profits following disappointing sales of the company's Wii U games console.
Michael Excelsior Gratton's insight:

Further proof that Nintendo are in a tough position due to the failed launch of the Wii U and it is now outcompeted by the Xbox One and Playstation 4 with only the chance of a standout game or a new accessory for "casual gamers" to save the Wii U  but theres only so many lives that Mario can have.

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Nintendo shares surge on China move

Nintendo shares surge on China move | Economics of the Video Game Market | Scoop.it
Shares of Japan's Nintendo surge after China temporarily lifts a sales ban on foreign video games consoles.
Michael Excelsior Gratton's insight:

The hope remains that Chinas demand for Nintendo products could save the company, though the strong link to China and the online video game market may continue to be the dominant force. Consoles have not been widely accepted and globally have been outcompeted by smartphones and computers.

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Virtual war 'costs over $300,000'

Virtual war 'costs over $300,000' | Economics of the Video Game Market | Scoop.it
A missed bill payment leads to the destruction of an estimated $300,000-worth (£181,000) of virtual spaceships in the game Eve Online.
Michael Excelsior Gratton's insight:

A more comic article of why you should not spend real world currency in mmorpg's :D

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Nintendo games not on smartphone

Nintendo games not on smartphone | Economics of the Video Game Market | Scoop.it
Nintendo boss says its games will not appear on smartphones as the company's focus remains on a combined hardware and software platform.
Michael Excelsior Gratton's insight:

Very interesting, many have called for the demise of Nintendo consoles in modern generations. I personally think that Nintendo porting retro games onto smartphones could be a smart move in order to make income on games no longer in production like Rockstar have done with GTA III and San Andreas. It could also stop the demand for emulators by providing a official supported means of playing Nintendo games on recent technology.

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China lifts 13-year ban on video game consoles

China lifts 13-year ban on video game consoles | Economics of the Video Game Market | Scoop.it
The government in Shanghai says it will allow video game trade in the region in order to 'explore reform'. By Fredrick McConnell
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