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Glu Mobile, Inc. Message Board

  • A Yahoo! User Dec 20, 2012 2:45 PM Flag

    Mobile gaming sited as cause for THQ Bankruptcy... Mobile increasingly important for Console makers

    THQ's bankruptcy should open console makers eyes even more to the changing trends of the Market. Blockbuster names, specifically series with huge followings are making a killing, but everything else is hurting. People are not willing to pay $60 for games anymore and simply wait for sequels to their favorites to come out.

    Mobile fills that void between releases and offers an opportunity for large publishers to Diversify, and to increase revenue between launches. We will definitely see GLUU get acquired, it's just a matter of when, and at what price. I expect after Q1 results when everyone has a better sense of where things are going.

    Sentiment: Strong Buy

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