Fair.

I suppose it is groundbreaking in the same way as World of Warcraft and League of Legends are groundbreaking.

Neither of them actually introduced new concepts. But they put them together in a way that no one else had before.

It is worth pointing out that the first few generations were legitimately groundbreaking for mechanics as well.

Because the share price jumped up so much last year to give them that cash on hand.

Also the $34 million loss is their best result since feb 2018, most of their losses have been 10x higher. Although it does look like a long term trend into the positive cash flow. Also the CEO is mentioning a stock dividend now, so that takes care of the cash on hand.

That would be a valid assessment if the stock price had jumped after the quarterly earnings.

Their stock price jumped before the quarterly earnings was announced. It has nothing to do with it, nor any of their fundamentals

Also notice:
Cash flow is neutral or negative and has been for a while now. Revenue peaked in 2018 is now less than 62% of that peak. Revenue per quarter is also down 11% year over year.

Company lost 34 million dollars last quarter, and has not had a positive operating income since feb 2018. https://www.msn.com/en-ca/money/watchlist?tab=Related&id=a1tyxm&duration=1Y&src=b_fingraph&relatedQuoteId=a1tyxm&relatedSource=MlAl&l3=L3_Financials

Recall that the first quarter after the whole WSB thing, they had something like 2 billion in cash from that whole thing.

A year later, they had 1 billion.

Half a year later, 500 million.

All of a sudden this quarter, after shutting down stores all over the place and gutting their staff, they’re claiming 4 billion cash on hand, helped out by unproven social media claims growing their stock price 30%.

doubt. Their business model relies on physical games being sold multiple times, once when new, and then multiple times as used copies. This is why they’re focusing on retro consoles. New consoles have passable online marketplaces, so Gamestop cannot compete, and are completely inferior to PC gaming, which hasn’t needed Gamestop in 20 years.

It has absolutely nothing to do with their entire core business model being obsolete.

Nor with the issue that they’ve been hemmoraging money at a staggering rate.

Well, no.
Deep Rock Galactic has fully optional skin packs to make money and they’re doing great.

Warframe has been chugging along for over a decade now and they’re doing great. Beating the pants off of Destiny 2 for average player count.

The live service trick is that live service only works if the company actually cares about the product. Those two companies stand out because they legitimately care and have great communication with their communities.

Given how they front-loaded the launch schedule and ended up wiping out some of their own game communities(the corpse of Arms say hi from under the former juggernaut that was the Splatoon 2 launch).

The silence on their front WRT games suggests that they might be ramping up for a similar blitz for a switch 2.

I miss the old version of the game.

When it was in dev it had randomly generated animals on the planets. Made each planet more interesting and unique. For an unknown reason it was changed just before the official launch to have 3-4 mobs per planet type.

Steam, for all of the good it did still normalized digital distribution of games. Its normal now that we dont own the games we play they exist on corporate servers, and can be rescinded at the drop of a corporate whim.

Epic exists as an alternative to Steam in the same way that Russia is the world power opposing the US.

You can dislike them and Tencent because they had to be investigated, were caught breaking the law, but suffer no penalties at all for breaking the law.

It would be the same as a guy with back pain killing an insurance CEO, admitting it when caught, give the police the murder weapon, then being allowed to go on their way.

Microsoft has been openly against xbox exclusives since at least 2018. They used to brag about it at PAX back then that they were stopping xbox exclusives and that everything was at least going to be PC+Xbox release.

Sven doesn’t seem interested in being bought out.

Also Tencent already has some claws in Larian.

Its important for them to preserve any chance of profit that may be squeezed from old games.

Wc2: the Elven Archers would comment “that you don’t touch the other elves way.”

Obligatory shoutout to Digital Extremes for their Tennogen program.

https://www.warframe.com/news/tennogen-101

No. I would suggest you actually read the study.

The problem that the study reveals is that people who use AI-generated code as a rule don’t understand it and aren’t capable of debugging it. As a result, bigger LLMs will not change that.