Curmudgeon Gamer
Curmudgeoning all games equally.
10 July 2007
Videogames are toys
While doing some research for a project I came across this quote (my emphasis):
"I think the mistake Wall Street made," [David J. Londoner, an analyst with Wertheim & Company] said, "is that they viewed this as a proprietary electronics business. It's the toy business. And the toy business does not get 24 to 25 percent pretax margins."
That's an analyst quoted in the New York Times in a 10 December 1982 article by Andrew Pollack on the diminishing profits of videogame companies. It made me chuckle.

Labels:

--Matt Matthews at 12:33
Comment [ 0 ]

Comments on this post:
Contact Us

Subscribe to
Posts [Atom]

 Feedburner

Playing

Warm bile sold separately:

Browse Curmudgeon Gamer Memorial Library

Blogroll:

Internet game search:


Archives:
Classic: 02/2002 to 10/2005
Google
 
Web curmudgeongamer.com

This page is powered by Blogger. Isn't yours?