Thursday, August 9, 2012

Living Classics: Can Amazon's New Game Save Social Gaming?

Filed under: , , , , , ,

Amazon Classics
Social gaming via Facebook (FB) was the Next Big Thing last year.

This year? Not so much.

Zynga (ZNGA), the top supplier of games wherein players enlist "friends" they're connected with on Facebook in order to score points and achieve goals, saw expenses grow twice as fast as revenue in the second quarter. Adjusted profits came in at just a penny per share, well below the $0.05 Wall Street was expecting. The stock fell by as much as 42% following the report and is off more than 67%...

Living Classics: Can Amazon's New Game Save Social Gaming? originally appeared on DailyFinance.com on 2012-08-08T16:25:00Z.

Permalink | Email this | Comments

Sent with Reeder
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)