What's happened in the business of video games this past week ...
QUOTE | "Game consoles are fundamentally doomed." — Richard Garriott, designer of the Ultima series discussing the state of the game industry.
QUOTE | "Xbox 360's a must have holiday item." — EEDAR analyst Jesse Divnich says that people pepper spraying other customers over Xbox 360 shows how hugely in demand Microsoft's console is right now.
QUOTE | "Steam makes piracy a non-issue." — Valve co-founder Gabe Newell on how Steam's service is like DRM that customers can love.
STAT | 2.37 million — Number of Nintendo 3DS units sold in 8 months in the USA surpassing the number of DS units sold in the first 12 months.
QUOTE | "If you care about games you're going to want a Vita." — Michael Denny, Sony Worldwide Studios Senior VP on why the PS Vita is going to be a very important system for Sony and for gamers.
QUOTE | "The Wii U consumer is going to be a different consumer." — Reggie Fils-Aime, president of Nintendo of America, on how Nintendo is targeting a different audience than the current Wii buyer.
QUOTE | "Assassin's Creed can be carried on forever." — Ubisoft's SVP of Sales and Marketing talks about the advantage of the meta story around Assassin's Creed, which lends itself to numerous possibilities.
QUOTE | "Critics can be jerks, but they're very much worth listening to." — Scott Steinberg, CEO of video game consulting firm TechSavvy Global, talking about the 5 hard lessons every game developer must learn.
STAT | 3 — Number of key Sony PlayStation executives that have left in the last eight months.
STAT | 8 million — Number of units of Battlefield 3 sold worldwide since EA shipped 12 million units initially.
QUOTE | "It would be undesirable to launch PS4 significantly later than the competition." — Jim Ryan, PlayStation Europe head, on why Sony doesn't want to give Microsoft a head start on the next generation console this time.
QUOTE | "PS3 sales were very strong during Black Friday weekend." — Sony spokesperson talking about the demand for PS3 and games during the kickoff weekend for Christmas sales.
This Week in the Business courtesy of IndustryGamers.com