What's happened in the business of video games this past week ...
QUOTE | "We think the Wii U is the wrong product for consumers." — Analyst Michael Pachter, on why he thinks it's unlikely Nintendo will sell 8.5 million Wii Us between now and March 30 to meet its projections.
STAT | $US236.2 million — Amount of money Nintendo lost over the last six months; the company still expects to post a profit of over $US1 billion for the full year ending March 30.
QUOTE | "'It's not about the platform, it's about the experience. We're drug dealers of experiences." — Wargaming CEO Victor Kislyi, on the popularity of World of Tanks and how gaming culture transcends platforms.
QUOTE | "We are seeing the early indications of a console resurgence starting two to three weeks from now." — Former Electronic Arts CEO John Riccitiello, who predicts a big year for console games and growth for mobile games, too.
QUOTE | "Compared to past platforms, the pre-orders that we have received for this new platform is much, much, much higher." — Sony CFO Masaru Kato, being enthusiastic about the sales picture for the PlayStation 4.
QUOTE | "We're never going to build a chip that's faster than a console — in the truest sense." — Mike Yuen, senior director of business development for mobile chip maker Qualcomm, on the limits of mobile devices.
QUOTE | "I'm more scared of staying in AAA right now ... than anything about going indie." — Developer Thor Alexander, with other indie developers discussing why they left AAA console development.
QUOTE | "For the first time since I've been in the industry, you have access to a worldwide market without ever having to leave your office." — Game developer Teut Weidemann, who says AAA games are already out of fashion.
QUOTE | "Even though I've got 250,000 sales in six months, to get that the game needed to be seen by tens of millions of people." — Antichamber creator Alexander Bruce, explaining why indie developers need to market early and often.
QUOTE | "I think what you've seen is a consistent decline, and I think it's due to lack of innovation." — GameStop president Tony Bartel, on why he thinks the next-gen consoles will yield new innovations and better game sales.