Today, Emmert says, it’s mobile gaming that’s leading the way in innovation and PC and console gaming that are, mostly, improving around the edges. This means mobile game developers are not only re-imagining the experience of play but also leading the search for new ways to get players to pony up cash — a quest console makers launched themselves upon soon after high-speed internet connections could be attached to their machines.
“For decades, somebody would go to the store and buy a box product,” Emmert said. “Now every mobile game has a different way of monetizing the player.”
Cryptic hasn’t announced its next game or how it will be played. It also has yet to disclose any revenue figures associated with Neverwinter, which emerged from an open period after the first quarter ended and for which it is still developing content in hopes of attracting new customers and addicting current ones.
The company, and its stock, is performing
Investors are pretty well-tuned to what Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD)‘s current (and growing) game lineup could do for the company: Its shares have risen steadily and sharply, dramatically outperforming the S&P 500, since just before its May earnings release as new games have been well-reviewed and received. Neverwinter, for its part, has yet to launch in much of the world, and the company has not publicly discussed revenues associated with the game.
Given that, investors may think twice about jumping into a stock that’s doubled since April. But there are certainly signs that the company is well-positioned to take advantage of current trends in its industry — and future ones as well.
The article How Consoles and Mobile Games Could Help This Rising Game Star originally appeared on Fool.com is written by David Marino-Nachison.
David Marino-Nachison has no position in any stocks mentioned. The Motley Fool recommends Activision Blizzard. The Motley Fool owns shares of Activision Blizzard and Microsoft. David is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.