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11/12/2018 4:33:54 PM
6
Well clearly the results aren't following, and clearly the games can't be that great if they're not selling
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They said call of duty failed expectations after it only made 500million Dollars In 3 days
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500 million sounds like a lot, but that's gross, not net. You have to factor in manufacturing, packaging, shipping, and promotion. It also doesn't take into account how expensive these games are to make. Also, these guys have been doing this a long time and project future sales based on its launch sales.
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Call of Duty and Candy Crush are the only two good assets in atvi’s portfolio right now. Diablo and Forsaken news aren’t good. Diablo bc the company is bettin on an entirely new market segment whilst completely abandoning the core one, and Forsaken bc it’s obvious now that nothing great will come from Bungie before D3. ATVI b/w 45 and 55 is actually a fairer price for the stock, it’s still a high PE compared to what the company’s prospects are...!
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Edited by Tydrimar: 11/12/2018 10:28:17 PMThey are definitely selling and at the same time not losing money. It's more like Activision wants more. If Activision gets what they want then you'll see the change in the near future. Most likely more microtransaction.
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Read earnings, no need to guestimate. Bungie isn’t doing good at all, and Activision is being more than an angel owner. Most big heads like Bobby would have taken over Bungie and restructured it. Don’t be an idiot, learn to read.
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They are giving it away for free on 2 platforms...
