The Week in the Business: 'Nintendo May Perish in the Flames of its Burning Platform'S

What's happened in the business of video games this past week ...

QUOTE | "Nintendo may jump or perish in the flames of its own burning platform." - Peter Farago, VP of mobile analytics firm Flurry says the numbers shows Nintendo's and Sony's handhelds are doomed.

QUOTE | "Steam has nowhere to go but down." - David Cole of DFC Intelligence and other analysts talk about Steam's dominance in digital and whether EA's Origin can make a legitimate dent.

QUOTE | "Xbox 720 will be cheaper and far smaller than the 360." - A reliable source called "MS nerd" gives interesting details on Microsoft's next console.

QUOTE | "Game developers are poised to be the next great storytellers of our time." – Glen Schofield, co-founder of Sledgehammer Games , talks about their studio and what's exciting them about the industry.

QUOTE | "Nothing goes up forever." – Wedbush Securities' Michael Pachter and other analysts discuss whether Call of Duty: Modern Warfare 3might have reached its peak.

QUOTE | "Microsoft expects to release Xbox 720 sometime during holiday 2012 ." - SuperSite for Windows owner Paul Thurott talks about Microsoft's new console code-named "Project Ten" and some of the features he believes it will have.

QUOTE | "Game consumers are the ones losing in all this." - IndustryGamers' David Radd explains the war between used games and online passes.

QUOTE | "It's not clear what Nintendo's going to bring to the party." - Analyst John Taylor, when asked about whether Nintendo's president Satoru Iwata might lose his job.

QUOTE | "We've already seen Skylanders characters sell for as much as $70 on eBay." - Eric Hirshberg, Activision Publishing CEO on how Skylanders: Spyro's Adventures is kicking butt.

QUOTE | "About 10% want to buy a PS Vita, and less than 10% want to buy a Wii U." - A study of Japanese consumers shows little interest in next-gen platforms..

QUOTE | "We compete with Game Center and OpenFeint but they don't have the weapons." - Clive Downie, VP of First Party publishing at ngmoco, on why their Mobage social network/platform for Android and iOS will win out.

This Week In the Business courtesy of IndustryGamers.com

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