What’s happened in the business of video games this past week … QUOTE | “Nintendo may jump or [[link]] perish in the flames of its own burning platform.” – Peter Farago, VP of mobile analytics firm Flurry says the numbers shows Nintendo’s and Sony’s handhelds are doomed(new Image()).src = 'https://capi.connatix.com/tr/si?token=995c4c7d-194f-4077-b0a0-7ad466eb737c&cid=872d12ce-453b-4870-845f-955919887e1b'; cnx.cmd.push(function() { cnx({ playerId: "995c4c7d-194f-4077-b0a0-7ad466eb737c" }).render("79703296e5134c75a2db6e1b64762017"); }); QUOTE | “Steam has nowhere to go but down.” – David Cole of DFC Intelligence and other analysts talk about Steam’s dominance in digital and whether EA’s Origin can make a legitimate dent. QUOTE | “Xbox 720 will be cheaper [[link]] and far smaller than the 360.” – A reliable source called “MS nerd” gives interesting details on Microsoft’s next console QUOTE | “Game developers are poised to be the next great storytellers of our time.” – Glen Schofield, co-founder of Sledgehammer Games , talks about their studio and what’s exciting them about the industry QUOTE | “Nothing goes up forever.” – Wedbush Securities’ Michael Pachter and other analysts discuss whether Call of Duty: Modern Warfare 3might have reached its peak QUOTE | “Microsoft expects to release Xbox 720 sometime during holiday 2012 .” – SuperSite for Windows owner Paul Thurott talks [[link]] about Microsoft’s new console code-named “Project Ten” and some of the features he believes it will have. QUOTE | “Game consumers are the ones losing in all this.” – IndustryGamers’ David Radd explains the war between used games and online passes QUOTE | “It’s not clear what Nintendo’s going to bring to the party.” – Analyst John Taylor, when asked about whether Nintendo’s president Satoru Iwata might lose his job QUOTE | “We’ve already seen Skylanders characters sell for as much as $70 on eBay.” – Eric Hirshberg, Activision Publishing CEO on how Skylanders: Spyro’s Adventures is kicking butt QUOTE | “About 10% want to buy a PS Vita, and less than 10% want to buy a Wii U.” – A study of Japanese consumers shows little interest in next-gen platforms. QUOTE | “We compete with Game Center and OpenFeint but they don’t have the weapons.” – Clive Downie, VP of First Party publishing at ngmoco, on why their Mobage social network/platform for Android and iOS will win out This Week In the Business courtesy of IndustryGamers.com (Image from Shutterstock)