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Apple’s radical new product could kill Nintendo and GameStop

“Apple is preparing to launch the fourth-generation Apple TV, according to Mark Gurman at 9to5Mac,” Sam Mattera reports for The Motley Fool. “Apple’s set-top box, which has exploded in popularity in recent months, is about to get a major new feature — the ability to play video games.”

“Apple could, almost overnight, rise up to dominate the video-game console market — in the process devastating both Nintendo and GameStop,” Mattera reports. “Industry observers have been expecting Apple to enter the video-game console market for years. Without even trying, Apple is already a major force in gaming — last year, the company paid out $10 billion to mobile developers, of which an estimated two-thirds went to game creators.”

“And that’s just mobile games — simple titles such as Angry Birds and Candy Crush that are either free or inexpensive, and are limited by their touchscreen input,” Mattera reports. “Allow iOS games to be played on the big screen, add in controller input (something Apple added in iOS 7), and you have a recipe for dominance.”

Read more in the full article here.

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