What's happened in the business of video games this past week...
QUOTE | "Nintendo may jump or perish in the flames of its own burning platform." — Peter Farago, VP of mobile analytics firm Flurry says the numbers shows Nintendo's and Sony's handhelds are doomed.
QUOTE | "Steam has nowhere to go but down." — David Cole of DFC Intelligence and other analysts talk about Steam's dominance in digital and whether EA's Origin can make a legitimate dent.
QUOTE | "Xbox 720 will be cheaper and far smaller than the 360." — A reliable source called "MS nerd" gives interesting details on Microsoft's next console.
QUOTE | "Game developers are poised to be the next great storytellers of our time." — Glen Schofield, co-founder of Sledgehammer Games, talks about their studio and what's exciting them about the industry.
QUOTE | "Nothing goes up forever." — Wedbush Securities' Michael Pachter and other analysts discuss whether Call of Duty: Modern Warfare 3might have reached its peak.
QUOTE | "Microsoft expects to release Xbox 720 sometime during holiday 2012 ." — SuperSite for Windows owner Paul Thurott talks about Microsoft's new console code-named "Project Ten" and some of the features he believes it will have.
QUOTE | "Game consumers are the ones losing in all this." — IndustryGamers' David Radd explains the war between used games and online passes.
QUOTE | "It's not clear what Nintendo's going to bring to the party." — Analyst John Taylor, when asked about whether Nintendo's president Satoru Iwata might lose his job.
QUOTE | "We've already seen Skylanders characters sell for as much as $US70 on eBay." — Eric Hirshberg, Activision Publishing CEO on how Skylanders: Spyro's Adventures is kicking butt.
QUOTE | "About 10 per cent want to buy a PS Vita, and less than 10 per cent want to buy a Wii U." — A study of Japanese consumers shows little interest in next-gen platforms..
QUOTE | "We compete with Game centre and OpenFeint but they don't have the weapons." — Clive Downie, VP of First Party publishing at ngmoco, on why their Mobage social network/platform for Android and iOS will win out.
This Week In the Business courtesy of IndustryGamers.com