Submitted by DJZed 1260d ago | news

Zynga's share price dives under $5; lack of interest in social games could be the culprit

GameDynamo - "Famed Facebook game maker and publisher Zynga has seen its share drop 10 percent on Tuesday, as the company continues to have trouble retaining its audience." (Android, Draw Something, Draw Something By OMGPOP, iPad, iPhone, PC, Zynga)

LiamIRL82  +   1260d ago
It has nothing to do with the fact they're all s**t
fei-hung  +   1260d ago
The bubble is bursting just like it did with Dubai. When this bubble bursts, all the people who have been speaking of mobile gaming killing the handheld market will eat crow!

1) There are more IOS and Android games than there is demand.

2) The life span of these games is small as they are designed for short plays.

3) They are cheap or free meaning there is no need to invest anything in them.

4) Many, many of them are rip offs and clones of one another.

5) There are too many of them!

If Sony, MS and Nintendo were clever enough, they would take some of the unknown indie devs from the mobile gaming market and buy them out to make PS Mini type games for their tablet controllers, handlheld and mobile phones and online gaming.
DigitalAnalog  +   1260d ago
Sad thing is, you did not need to have any seance power to see through this. And yet, people hopeless try to over-react to one-trick ponies and claims they can revolutionize the future.
Theo1130  +   1260d ago
that or they finally got some bad pr for blatantly stealing other people ideas and products.
Reborn  +   1260d ago
Because Facebook doesn't know how to progress, whilst maintaining it's core reason why it was liked in the first place. Until they establish that, Zynga will have it's work cut out.
Fatty  +   1260d ago
You can only get so many requests or see your aunt's wall covered in posts about their terrible games before you block all of the apps. Not to mention Zynga's horrible privacy policies and their willingness to sell your info...

Oh yeah, and the crappy games themselves.

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