A wake up call or not…
Creutz stated that daily active users fell by 8.2% last month. The analyst said Zynga is hurting as Facebookers lose interest in online gaming, instead gravitating toward games on smartphones and tablets. “We believe that mobile devices may be siphoning off an accelerating number of gamers from Facebook,” he added. “Facebook itself is increasingly being accessed by mobile devices, however it is not possible to play Facebook-native apps through Facebook on a smartphone.”
As low it is now and I personally lose money now on ZNGA I’m thinking on buying more shares on this all time low.
Zynga is getting a strong foothold at mobile games and lately looking at their twitter pages they seem to promote only their mobile games, I assume that’s where the most profit is.
Less resources are also needed for mobile games than games for a pc/mac platform so a reduced cost also.
On FB itself they are launching casual games we all know from the past, their latest hit is Bubble Safari, a new trend in Zynga Games ?
Anyway as said, even with all the bugs and troubles the games have I don’t lose the confidence that the shares will hit again a profit margin for me.