Collected his profits, got bored, and moved on to other companies. Perhaps he just didn't see a buy-out in the near-term so he bailed out because he didn't want to wait around for organic growth or a buy-out at later time.
Indeed. It is very cool. I just wouldn't say it is on a minecraft level. But with the ability to create races and the ability to create battles by placing cars & weapons around will definitely allow users to be more engaged and add to the game by creating content.
It will be a nice add on but it won't be that big of a deal. It is not like people get to change the landscape . . . they just get to create a set of race checkpoints.
I think no taper as well. Unemployment has been coming down but it is largely down due to people leaving the workforce and the Fed knows that. And there is very little inflation. So they are not going to taper yet.
GTA V is the game of the season. NBA 2K14 is the best sports game of the year. Go go go. And if they can raise the quality of WWE . . . look out.
Who wants to be 'leader in the app world'? Do we want to be a one-hit-wonder like Rovio or King? I'm very happy that they are milking the back catalog by creating mobile versions of existing games. But I don't see it as a big growth area. They've had Cat Daddy and Firaxis making some mobile games but I doubt that stuff makes any money. I think there is a lot luck involved in those mobile casual games.
So TTWO needs to lose money like Zynga and then it will get a big valuation. Of course, that seems ridiculous but it could very well be correct.
It is too early to call whether TTWO is pinned at 17 or not. The continued success of GTA V, NBA 2K14, and (to a lesser degree) WWE 2K14 may push them higher. Those latter two make good Christmas presents since they don't involve guns & killing.
It is pretty but it still has some gameplay issues. They gotta patch some of those. But it is not like NBA Live is a rational option at this point.
I'm glad they didn't pick it up. The RPG market is not very big (and JRPGs are nearly dead). Anyone would have a tough time competing with Bethesda and Blizzard at this point.
Well, EA did have 3 titles in the top 10 including #2 and #4. And they have had a bit of a price crash recently. But they still have a market cap more than 4X as big as TTWO . . . so . . . yeah.
Yeah, I wanted to beat Madden too but there were so many deep discount deals on Madden that it moved fast.
2) Battlefield 4
4) Madden 25
5) GTA V
6) NBA 2K14
8) Just Dance
9) Disney Infinity
That is correct. The stock market doesn't care about predictions. I think we all knew that though.