http://www.bloomberg.com/news/2012-04-20/nexon-rises-after-saying-it-may-buy-game-developers-tokyo-mover.html
This article is about Nexon Co which is video-game maker that went public last year. Some of the games made end up on social networking sites such as facebook. One company similar to Nexon is Zynga which makes "FarmVille" on facebook. This article opened me up the billion dollar business that create facebook apps. Nexon plans to have $1.2 billion in sales this year alone. I didn't realise just how large these companies can make off apps for social networking sites. Now, these companies are shifting to apps for mobile devices which are bringing in even higher profits from record sales. I think video-game companies are going to continue growing because of all the new smartphones and tablets being bought be consumers.
Yeah I think video game applications are starting to get bigger in today's world.
ReplyDeleteTheir profits will definitely continue to grow. Spreading the apps to smartphones and tablets that are bought by people every day may have been a really smart business move for the company.
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