What's happened in the business of video games this past week ...
QUOTE | "Nintendo has been left for dead." -- Asif Khan, CEO of Panoptic Management Consultants talks about investors' stance on Nintendo and whether Miyamoto leaving Nintendo would affect the stock.
QUOTE | "Our games industry is shockingly immature." -- Epic Games president Mike Capps, referring to the lack of business experience so many game industry execs have.
QUOTE | "Companies that continue to rely on the old model will die off." -- EA COO Peter Moore talking about how games are going digital and whether companies that don't change their ways will make it.
STAT | 10 billion -- Number of Android downloads since the Android market launched in 2008.
QUOTE | "Mario will prevail without his creator." -- Analysts talk about the impact on Nintendo when Shigeru Miyamoto does take a smaller role or retires completely one day.
QUOTE | "Gears 3 is not much of a system seller." -- Wedbush Securities analyst Michael Pachter doesn't buy into the argument that Gears of War 3 helps Microsoft sell more Xbox 360 hardware.
QUOTE | "PC gaming basically will move to the cloud." -- Kevin Chou, CEO of social developer Kabam, talking about where hardcore gaming is going in the future.
QUOTE | "I'm pretty confident single-player still has a real big market." -- Veteran designer Ken Rolston, when asked about his new game Kingdoms of Amalur: Reckoning.
QUOTE | "Gears of War was the first killer app for Xbox 360." -- Microsoft Corporate Vice President Phil Spencer on how the franchise is hugely important for Microsoft.
QUOTE | "Uncharted 3 gameplay is more hardcore than casual." -- Billy Pidgeon, M2 Research analyst on Uncharted 3's importance to Sony..
QUOTE | "EA will develop the hell out of SimCity." -- Unnamed sources talking about how EA -- following Sims Social -- intends to overthrow Zynga's CityVille.
This Week in the Business courtesy of IndustryGamers.com