This Week in the Business: 'One of Microsoft's Best E3 Conferences'SWhat's happened in the business of video games this past week ...

QUOTE | "One of Microsoft's best E3 press conferences to date."—Analyst Jesse Divnich, talking about Microsoft's press event at E3, which has been widely panned.

QUOTE | "[Xbox One has] the computational power of more than 10 Xbox 360 consoles."—Xbox One engineering manager Jeff Henshaw, talking about the power of the new console.

QUOTE | "I'm not actively thinking about retirement, but ... particularly at my age now, it wouldn't be strange if I were to just one day fall over."—Shigeru Miyamoto, acclaimed designer, talking about his career and his thoughts on the industry and Nintendo's games.

QUOTE | "This is me, purely as a consumer—it seemed to me like two frat houses."—Veteran designer Peter Molyneux, talking about the back and forth between Sony and Microsoft at E3.

QUOTE | "It has a very positive impact on the industry, because it keeps customers with the possibility of buying many games."—Ubisoft CEO Yves Guillemot, explaining why he thinks used games are a good thing that should not be restricted by next-gen consoles.

QUOTE | "Is PlayStation going to be a profitable business? It needs to be and it intends to be a profitable business over the next year."—Sony UK managing director Fergal Gara talking about the goals for the entire PlayStation division.

QUOTE | "It's about what we do outside of graphics that will make a difference."—Patrick Soderlund, EVP of EA Games, talking about what EA has to do to make successful next-gen console games.

STAT | $10 million—Amount that Chris Roberts has raised through crowd funding to make Star Citizen; the company raised the last $1 million in a little over a month.

QUOTE | "The second you get the controller something turns off in the heart, and it becomes a sport."—Director Steven Spielberg, talking about the problems that keep games from being totally immersive.

This Week in the Business courtesy of GamesIndustry International

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