Game developer Zynga Inc(NASDAQ:ZNGA) is now moving to
the mobile space where it is seeing a lot of opportunities, especially with the
release of the new iPhone.
Zynga, that came into existence as an online gaming
company got a fillip when Facebook got the company to make games for its social
networking platform. With users of the platform getting hooked on to games such
as Farmville, Zynga had no need to look further.
However all that is changing. Users of social networks
are moving to mobile devices. A separate ecosystem is coming into play there.
Zynga has realised that it has to put its money where
its mouth is. In other words it has to go where the money is.
Google's Android with a 52 percent market share is the
undisputed leader in the smartphone segment while Apple has a 33 percent market
share. However Android phones are cheaper compared to Apple phones.
Will ZNGA Bounce Back After The Recent Slump? Find Out Here
Will ZNGA Bounce Back After The Recent Slump? Find Out Here
The company has reasoned that Apple users are likely
to spend more on downloading apps compared to Android users, because of their
separate profiles.
With this in mind the company has designed at least 20
new mobile games for iPhones and about half that number for Android phones.
With both Dell and Hewlett-Packard reporting losses in
their recent reported quarters, [personal computers seem to be on the wane.
Apart from work purposes, users are tending to take to their mobile devices for
their other needs such as communication and entertainment.
For Zynga the writing is on the wall. Its ally
Facebook is itself struggling with its daily active users seeing a drop to 141
million, down 16 percent on year. This is not good news for Zynga which had
hinged its fortunes on the social media platform.
While there are numerous problems associated with
migrating to the mobile platform, as Facebook fonder Mark Zuckerberg said
recently, that is where the future is.
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