This Week in the Business: 'One of Microsoft's Best E3 Conferences'

Illustration for article titled This Week in the Business: 'One of Microsoft's Best E3 Conferences'

What'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

Image by Shutterstock



E3 is nowhere near the massacre that people paint it out to be. The PS3 launched at $300 more than the cheapest 360 (the 'Core', which launched at $299), with a terrible selection of games, a year after the 360, in a period in which the 360 saw Oblivion, Mass Effect, Gears of War and Halo 3 as console exclusives.

And the PS3 recovered.

Microsoft will not be slaughtered. In fact, I have a feeling that if both consoles had the same DRM and the same price, most people would say MS' exclusives were better than another Infamous and another Killzone.