I was reading an old issue of Smart Money from 2012, and saw an interview with the CEO of Take Two.
He was being hammered for stock price drops and a reputation of constant shipping delays (Red Dead Redemption was delayed four times).
It was being said that video games sales were down 2% and it wasn't a great industry to invest in.
I liked what he said and wondered if the stock has done well since based on that. Well.
https://www.cnbc.com/quotes/?symbol=ttwo
Had a lot to say about the importance of quality in games and how they'd target the 'hardcore' gamer who was attracted to that, and questioned if the then-hot Facebook type games would last.
Grand Theft Auto V was about to come out... ya. Would have been a nice investment.
He was being hammered for stock price drops and a reputation of constant shipping delays (Red Dead Redemption was delayed four times).
It was being said that video games sales were down 2% and it wasn't a great industry to invest in.
I liked what he said and wondered if the stock has done well since based on that. Well.
https://www.cnbc.com/quotes/?symbol=ttwo
Had a lot to say about the importance of quality in games and how they'd target the 'hardcore' gamer who was attracted to that, and questioned if the then-hot Facebook type games would last.
Grand Theft Auto V was about to come out... ya. Would have been a nice investment.
