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(BBC)   Zynga stock plummets because of poor earnings. [Need more earnings? Buy some now]   (bbc.co.uk) divider line 26
    More: Obvious, Zynga, Farmville  
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8179 clicks; posted to Business » on 26 Jul 2012 at 12:20 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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Archived thread
2012-07-26 12:21:18 PM  
6 votes:
Good.

F*ck Zynga and their business model.
2012-07-26 12:38:27 PM  
4 votes:
www.blogcdn.com
2012-07-26 01:29:01 PM  
3 votes:
In their rush to monetize, Zynga and Facebook will kill the goose. Just watch.

I take Zynga's decline as one of the few bright spots in evidence of our progress as a culture. Now if we could just get more people to stop wasting their time in such an extreme manner (i.e., Facebook), perhaps we could pull our societal airplane out of its tailspin.

Even such colossal wastes of economic resources and time as television and sports serve society by creating shared experience to facilitate collective identity and cooperation, and (occasionally) present instructional morality and ethics situations (a la ancient Greek drama). Farmville? All the resource consumption and waste of time with no societal benefit. If anything, it isolates people and draws them from past times that DO add to societal value. Even if it's just getting off the couch and going outdoors for a walk.
2012-07-26 12:39:01 PM  
2 votes:

Mog32Kupo: Zynga, like the games it makes...is a flash in the pan

Know any bored housewives still playing farmville or angry bird?
when was the last time you popped on words with friends or draw something?

So hows that again? Consoles are dying, mobile is the future?
diaf zynga


Zynga didn't make angry birds. If it did only 2 birds would be available for free and you would only have 10 shots before having to pay money or wait 10 minutes for another shot. Birds would also come dressed in different clothes and would be available for more money.
2012-07-26 12:30:12 PM  
2 votes:
Zynga, like the games it makes...is a flash in the pan

Know any bored housewives still playing farmville or angry bird?
when was the last time you popped on words with friends or draw something?

So hows that again? Consoles are dying, mobile is the future?
diaf zynga
2012-07-26 12:26:08 PM  
2 votes:
12% of Facebooks revenue comes from these guys. Facebooks Q2 earnings report is out today.

Should be interesting.
2012-07-26 12:00:20 PM  
2 votes:
Stocks are funny things.

My company before today: "We plan on $1.55 billion in revenue in 2012."
Marketplace: "LOL your stock sucks. Trade it at a 2-year low!"
My company today: "OK, we took a closer look at projections, and it looks like we're on track to get only $1.4 billion in 2012."
Marketplace today: "zOMG buy buy buy +6%!!!"
2012-07-26 05:55:52 PM  
1 votes:

TravelingFreakshow: The "pay to win" business model needs to die, period.


Its the same business model as the arcade.
2012-07-26 02:35:03 PM  
1 votes:

xevian: Jon iz teh kewl: [www.farmviller.com image 100x100]

i actually shelled out $20 of REAL money to buy one of these awhile ago. what does it do? well, nothing. it just sits there. i don't even PLAY Farmville anymore!

So people are going on about spending money in a game? Let me tell you my EVE story some time and my mass of assets which, like your $20.00 what-look-likes-a FarmVille item, cost me around $1700 bux to get and I can't get them out of the station I put them at.

If the game is entertaining, even for a week, I will spend my money on it.


You should check out Team Fortress 2. You can buy hats! ;)
2012-07-26 02:22:58 PM  
1 votes:

Morrigan: I can't help but think this whole "social" crap is another "bubble" waiting to pop. Like others have commented; consoles are not dead. I still spend time playing Skyrim even though I've finished the main quest. I don't play those stupid social games, and mobile games are fun for an hour then lose their novelty.
I'm not by any means a financial analyst, but I'm savvy enough to know this can't sustain itself.


I agree on the social media from a consumer standpoint. I had a passing fancy with a couple games on Facebook, but it lasted a few weeks and then I was back to the same things mentioned multiple times here. Real games. Skyrim, Civ 5, etc.

And as far as social media and companies, I don't go to Facebook to get told what to buy, where to eat, etc. I'm not going to "like" your page because I like your restaurant. I go there to check in with friends, see pictures, and argue politics.

Yelp is going to eat your lunch on the consumer side. I'll put reviews of restaurants on there because it's relevant, and I can use it when I'm hungry, not get hit with it when I'm trying to find out where the party is this weekend.
2012-07-26 02:10:15 PM  
1 votes:
Up until March of this year, I worked for a gaming company that decided to switch from console to Facebook products. I was pretty much shouted down by all of the marketing/MBA bureaucrats when I suggested that we put our faith in technology and artistry, not a "flash in the pan" business model. All of them pointed to Zynga as the example to follow.

The whole "social gaming" industry is going to crash dotcom style because the people in charge of it have no intuitive sense of what works long term. Hell, 75% of the executive branch at my last company had never even worked in gaming before being hired. Sure, they understood charts, graphs, and Excel spreadsheets, but if you asked any of them to make any kind of creative or aesthetic decision, they'd give you the blank stare.

Videogames are an inherently creative medium; if you put pencil pushing dweebs in charge of your projects like Zynga has done, you're toast.

10 years from now, Epic will be here, Valve will be here, and Rockstar will be here. Zynga will be in the same shiatpile as Webvan and flooz.com.
2012-07-26 01:40:26 PM  
1 votes:
the worst thing about zynga games is not the button clicking.. it's that it eventually becomes a constant stream of "Beg your friends for virtual crap."

You end up, not so much playing the game, as publishing begging requests to facebook and hoping someone clicks on it.

/never gave them any money
//stopped playing long ago
2012-07-26 01:34:36 PM  
1 votes:

foxyshadis: Morrigan: I can't help but think this whole "social" crap is another "bubble" waiting to pop. Like others have commented; consoles are not dead. I still spend time playing Skyrim even though I've finished the main quest. I don't play those stupid social games, and mobile games are fun for an hour then lose their novelty.
I'm not by any means a financial analyst, but I'm savvy enough to know this can't sustain itself.

True epic mobile games exist, as well as many highly polished versions of what are considered pretty hardcore, like Touhou games, and more are coming out every month. You just have to reset your price expectations, because they usually start at $10 and go up from there, which is a culture shock on mobile.

I wish EA would sell something that a. ever gets a single update and b. was more like the simpler console games without a lot of touchscreen and IAP crap. I'd be happy as a clam if I could just get SimCity on iAnything, probably wouldn't emerge for a month, but theirs is horribly broken and completely abandoned.


Yeah, I definitely see your point there, I'm sure some epic games do exist. But even things like Infinity Blade II, which I admit was cool for a few hours, quickly lost its appeal as I get tired of pointing in the 1 or 2 places it allows you to move, and swiping the screen to imitate the slashing of a sword. I mean honestly I'd prefer to pay 60 for Skyrim / Uncharted and still find myself enjoying the game, rather than what just seems to me as a novelty. Tapping a screen only gives but so many input methods. I tried playing an NES emulator on several touchscreen devices, and what a catastrophe.
2012-07-26 01:25:20 PM  
1 votes:
indiegameschannel.com
Rest in Pieces Zynga
2012-07-26 01:06:55 PM  
1 votes:
I played Mafia Wars a few years ago. Played it for months, maybe even longer. Then someone on a message board asked me what it was, and I described it. After reading back what I just wrote, I went to facebook and deleted the app.

You click a button to get money to buy something(s) that allow you the option of clicking another button.
2012-07-26 12:58:03 PM  
1 votes:
Honestly I don't mind Zynga's business model so much only because I grew up in an era where we would spend inordinate sums of money on Arcade games that were inherently designed the cheat the player and get more money out of them in order to progress. Granted, the Arcade games of my youth are infinitely better than the crap Zynga puts out, but I don't see the business model being a whole lot different. Yestedays 25 cent game of Pac-Man is today's 99 Cent iPhone app.
2012-07-26 12:57:14 PM  
1 votes:
Where Zynga goes Facebook follows. I hope they hurry.
2012-07-26 12:55:43 PM  
1 votes:
I can't help but think this whole "social" crap is another "bubble" waiting to pop. Like others have commented; consoles are not dead. I still spend time playing Skyrim even though I've finished the main quest. I don't play those stupid social games, and mobile games are fun for an hour then lose their novelty.
I'm not by any means a financial analyst, but I'm savvy enough to know this can't sustain itself.
2012-07-26 12:48:05 PM  
1 votes:
Zynga games:
palmbeachscripps.files.wordpress.com
2012-07-26 12:44:55 PM  
1 votes:

Mog32Kupo: Zynga, like the games it makes...


Zynga does not make. Zynga steals.
2012-07-26 12:34:15 PM  
1 votes:
A lovely sentiment and all-really, it couldn't happen to a nicer bunch of anthropomorphized ass-cancers-but the damage is done. The momentary success of their "business model" of creating games but charging for playability has spread to a lot of other big-name manufacturers of so-called "games." And degraded the whole notion of "games" for everyone else.

I miss Electronic Arts. And I mean the original, artistically inspired Electronic Arts, not the digital sweatshop that it's become.
2012-07-26 12:33:35 PM  
1 votes:

xanadian: Good.

F*ck Zynga and their business model.


If only it was just Zynga. Google Play is covered in "pay to win" apps, and although I've never seen iTunes, I can't imagine it being any different.

The "pay to win" business model needs to die, period. Sell the game outright, make it free with ads, or fuq off and die.
2012-07-26 12:29:34 PM  
1 votes:

BKITU: Stocks are funny things.

My company before today: "We plan on $1.55 billion in revenue in 2012."
Marketplace: "LOL your stock sucks. Trade it at a 2-year low!"
My company today: "OK, we took a closer look at projections, and it looks like we're on track to get only $1.4 billion in 2012."
Marketplace today: "zOMG buy buy buy +6%!!!"


Stock analyst here. That actually happens more often than you think. Bottom line, the street thought the original revenue projections were unrealistic and sold out of the stock before a disappointing earnings report (which would have made the stock react negatively anyway). Now expectations are reset and perhaps leave a little room for the company to make more revenue than they suggested.
2012-07-26 12:28:41 PM  
1 votes:

Morpheses: Modguy: xanadian: Good.

F*ck Zynga and their business model.

Oh so much this

Thirded.


Agreefinity.

Used to enjoy a game of Draw Some with family overseas; since Zynga got hold of it, it's turned to utter shiat. No longer alerts me when somebody takes their turn, plays the answer from a previous turn when showing the most recent turn and then locks up so you have to delete your game and start from scratch. Problems been reported a million times and they can't even be bothered to answer, let alone fix it. And of course, since they bought all the words have been changed from crappy ones to try and force you to spend money buying decent ones.

Fark Zynga so hard they shatter.
2012-07-26 12:24:04 PM  
1 votes:
Please tell me this means facebook is going to die soon.
2012-07-26 12:22:14 PM  
1 votes:

xanadian: Good.

F*ck Zynga and their business model.


Oh so much this
 
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