This Week in the Business: 'What's the point of next-gen consoles?'

Illustration for article titled This Week in the Business: Whats the point of next-gen consoles?

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

QUOTE | "A force to be reckoned with." - Panoptic Management Consultants CEO Asif Khan notes that if Nintendo's stock continues to fall the company could be acquired by Apple, creating a gaming powerhouse.

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QUOTE | "What's the point of next-gen consoles?" - Epic Games President Mike Capps wonders what the future will hold for consoles given that smartphone technology is accelerating very, very quickly.

QUOTE | "Cathartic." - id Software's John Carmack thinks back to the days of Doom, the controversy over Columbine and notes that violent games can actually reduce aggression and violence.

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QUOTE | "Games will take over the world." - Civilization creator Sid Meier reflects on his career and the future of gaming in a special Q&A column with the legendary designer.

QUOTE | "Our respect probably has grown." - BioWare co-founder Dr. Greg Zeschuk talks about the challenge of creating an MMO (Star Wars: The Old Republic) and how much they respect what Blizzard has done with WoW.

QUOTE | "I don't know if we've seen anything like it." - Activision Blizzard boss Bobby Kotick is amazed at how much interest gamers are showing in the upcoming Modern Warfare 3, which has seen pre-orders "significantly" ahead of Black Ops.

QUOTE | "How can you say it's not peaking?" - EA and Digital Chocolate founder Trip Hawkins questions whether Apple has actually already seen its best days and will soon decline.

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QUOTE | "Not entitled to overtime pay." - Wedbush analyst Michael Pachter elaborates fully on his position on crunch after initially getting many developers riled up with comments about L.A. Noire developer Team Bondi.

QUOTE | "Still see retail as very strong." - Following the announcement of Season Ticket, EA Sports boss Peter Moore talks about the importance of retail despite EA's continued push into digital.

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QUOTE | "Inevitable." - Hi-Rez Studios co-founder Todd Harris, who's making free-to-play title Tribes: Ascend, believes it's just a matter of time before Microsoft starts supporting free-to-play on Xbox Live.

This Week In the Business courtesy of IndustryGamers.com


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DISCUSSION

Am I the only one sick of hearing this same crap about how mobile gaming is going to destroy console gaming? Don't get me wrong, phone and social games are fun when you're on the bus or a plane or something; but if you want to play a game with more depth and involvement you need a gaming PC or console, they are mostly separate markets.