MoCo News is carrying a number of reports from the Games Developer Confernece in San Francisco, including this keynote from Gameloft's CEO Michael Guillemot. With news that there was no Christmas spike in mobile game sales, he compared the current market to that of the end of life of a console - which should promise an upturn in 2008 as new hardware, techniques and greater public visibility will help drive awareness and (hopefully) sales.
"When a console comes out every five to six years, there’s a little
slowdown in demand and then people purchase a new console, and then
there’s growth," he said. "We are witnessing a similar thing.
Innovators are waiting for new consoles and games to come to market.
They are going to arrive in 2008, especially the second half. Yes, we
are following the console model. We have had a good ride up, and now we
are going through a transition in which we are going to reach the
second growth period."
