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Tuesday, September 27, 2011 - 8:50am
Zynga's Profit Decline is Proof That Social Games are a Fad, Proves that Benzinga's Louis Bedigian is Always Right
I don't mean to brag, but… Oh wait, I do. Remember that editorial I wrote about Zynga's demise? It's already coming true. Gamasutra (via Business Insider) reports that Zynga's year-on-year profits declined from $27.2 million to $1.3 million – a decline of roughly 95%! How could this be, when...
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Gamasutra
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Brain Trust
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- Brean Murray Carret Reiterates Buy, $20 PT on Pitney Bowes on Cash Flow Confidence
- Financial Breakfast: Morning News Summary for May 31, 2012
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