What's happened in the business of video games this past week ...
QUOTE | "Nintendo has been left for dead."—Asif Khan, CEO of Panoptic Management Consultants talks about investors' stance on Nintendo and whether Miyamoto leaving Nintendo would affect the stock.
QUOTE | "Our games industry is shockingly immature."—Epic Games president Mike Capps, referring to the lack of business experience so many game industry execs have.
QUOTE | "Companies that continue to rely on the old model will die off."—EA COO Peter Moore talking about how games are going digital and whether companies that don't change their ways will make it.
STAT | 10 Billion—Number of Android downloads since the Android market launched in 2008.
QUOTE | "Mario will prevail without his creator."—Analysts talk about the impact on Nintendo when Shigeru Miyamoto does take a smaller role or retires completely one day.
QUOTE | "Gears 3 is not much of a system seller."—Wedbush Securities analyst Michael Pachter doesn't buy into the argument that Gears of War 3 helps Microsoft sell more Xbox 360 hardware.
QUOTE | "PC gaming basically will move to the cloud."— Kevin Chou, CEO of social developer Kabam, talking about where hardcore gaming is going in the future.
QUOTE | "I'm pretty confident single player still has a real big market."—Veteran designer Ken Rolston, when asked about his new game Kingdoms of Amalur: Reckoning.
QUOTE | "Gears of War was the first killer app for Xbox 360."—Microsoft Corporate Vice President Phil Spencer on how the franchise is hugely important for Microsoft.
QUOTE | "Uncharted 3 gameplay is more hardcore than casual."—Billy Pidgeon, M2 Research analyst on Uncharted 3's importance to Sony..
QUOTE | "EA will develop the hell out of SimCity."—Unnamed sources talking about how EA—following Sims Social—intends to overthrow Zynga's CityVille.
This Week in the Business courtesy of IndustryGamers.com
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