Over the last year as Apple's (NASDAQ: AAPL) sales have grown and expectations for its new products have blossomed, the company's market value has increased by more than double as its stock price moved from $118 to almost $260. Along the way, its market cap has eclipsed Walmart (NYSE: WMT), International Business Machines (NYSE: IBM), GE (NYSE: GE), Procter & Gamble (NYSE: PG) and Bank of America. (NYSE: BAC).
As of right now, there are no monopolies in the games industry, and for the sake of the medium as a whole, they never should either.
And yet the biggest tech companies in America are essentially that. They buy up all the small comps only to kill them off and steal what they have, and if they can't buy em they bleed them to death.
Eventually they’ll realize the value is with the employee not the company. Buying an IP means nothing if the people who contributed are let go. They’ll get it one day.
tech is different because they buy threats and then kill them. Twitter bought Vine and did nothing with it. Despite people seemingly liking it. Could've had tiktok a decade before bytedance. go figure.
They buy IPs not talent. That's why these buyouts never work and the IPs die. Right now it's too expensive to develop games - but I expect that to shift maybe as AI tools can make it easier. The best games have been indie games for awhile as big developers fuck their ips to death with "games as a service" -
INDIE Live Expo, Japan’s premiere online digital showcase series , will debut never-before-seen games & content updates across more than 100 titles on May 25th.
"The best games of the year and the creative teams behind them were in the spotlight at the grand award ceremony of the German Computer Game Award 2024." - German Computer Game Awards.
Sure buddy... You're trying to tell me it has a deeper story than goat 🐐 simulator 4000?!?!?. I wanna give bg3 a shot but my brain is burnt out on long games
Of course they are, selling technologically outdated products at high prices will do that to a company.
god if you guys think MS is bad...
Now who here honestly believes that a company growing that fast, and will need to continue growing, wont come into the game market much more seriously soon? Especially with the possible acquistion of AMD... its coming guys. I think it was Pacter who called it just over a year or so ago when apple really started pushing games in the ipod touch.