Great review, and I just learned what concision is! Good word, though I wish instead of using it twice the word "brevity" had been used the second time.
@dantsai Not necessarily true, otherwise investors would have missed out on Google when it rose 50%, then 100%, then 150%, then 500%
But yes, don't just buy stock thinking it will surely go up to $20. Buy stock as a long term holding for your excess cash; never go in debt buying stock or anything foolish thinking it will be quick money. If you sell within a year you pay MASSIVE taxes compared to the horrendous taxes selling a second year (15% I think).
@ChiTownRuler23 Ameritrade, Scottrade, Fidelity, etc.
Same thing happened when Bioshock came out... back then I believe it was around $22 or something (I could be misremembering). This stock increase is only significant insofar as it happened because of the game's popularity and likely reciprocative sales, but in the long term it will only mean something in the context of Take Two's overall business plan.
Where are you getting the 2011 figures? The figures you posted for the second 2010 (corrected to 2011) are actually the figures for 2010 (article above).
But I think I get what you're saying... the 7% increase for 2010 is offsetting a similar amount decrease for 2008 to 2009?
The extra money is coming from the increase in sales, which is indicative of more quality in the face of higher costs of production (salaries reported in the article). A growing market of video game consumers has grown the industry to sustain these salary levels, it's a good thing.
The news of increased salaries in the games industry is good for the gaming industry, and in turn also good for gamers.
Unless you've started paying $69.99 for games already and for some reason they've forgotten to mark up my games.
This is the second gaming website I've read that has reported this news as if it were bad news. The rising salaries are actually quite good for the games industry, believe it or not.
It's good to see some more ALWW. I have three of the posters hanging in my game room and have been waiting for this for months now. Too bad I missed the print offering :/
X-Men Destiny review: Destined for failure
Sep 29th 2011 1:16PM (Joystiq)LA Noire boosts Take-Two stock
May 18th 2011 4:51PM (Joystiq)But yes, don't just buy stock thinking it will surely go up to $20. Buy stock as a long term holding for your excess cash; never go in debt buying stock or anything foolish thinking it will be quick money. If you sell within a year you pay MASSIVE taxes compared to the horrendous taxes selling a second year (15% I think).
LA Noire boosts Take-Two stock
May 18th 2011 4:45PM (Joystiq)Same thing happened when Bioshock came out... back then I believe it was around $22 or something (I could be misremembering). This stock increase is only significant insofar as it happened because of the game's popularity and likely reciprocative sales, but in the long term it will only mean something in the context of Take Two's overall business plan.
Game developer salaries in 2010 tracked, fills us once more with regret
Apr 28th 2011 5:56PM (Joystiq)Where are you getting the 2011 figures? The figures you posted for the second 2010 (corrected to 2011) are actually the figures for 2010 (article above).
But I think I get what you're saying... the 7% increase for 2010 is offsetting a similar amount decrease for 2008 to 2009?
Game developer salaries in 2010 tracked, fills us once more with regret
Apr 28th 2011 2:04PM (Joystiq)The extra money is coming from the increase in sales, which is indicative of more quality in the face of higher costs of production (salaries reported in the article). A growing market of video game consumers has grown the industry to sustain these salary levels, it's a good thing.
The news of increased salaries in the games industry is good for the gaming industry, and in turn also good for gamers.
Unless you've started paying $69.99 for games already and for some reason they've forgotten to mark up my games.
Game developer salaries in 2010 tracked, fills us once more with regret
Apr 28th 2011 11:54AM (Joystiq)Game designer writes academic report on effective Achievements
Apr 28th 2011 11:47AM (Joystiq)Paul Dini is back, writing for Batman: Arkham City
Aug 5th 2010 5:49PM (Joystiq)A Life Well Wasted: Big Ideas is on our minds
Jun 25th 2010 11:16AM (Joystiq)Joyswag: Marvel vs. Capcom 3: Fate of Two Worlds E3 2010 shirts [update]
Jun 17th 2010 6:55PM (Joystiq)