You will have understood if you have followed the news diligently in recent days, all the major video game players are taking stock of the third quarter of the 2022/2023 fiscal year. After the manufacturers, we were treated to a few publishers who took stock, such as Electronic Arts, and the results ofActivision-Blizzard-King was eagerly awaited due to the takeover of the company by Microsoft and the many controversies revolving around the CEO of the box, Bobby Kotick.
A Call of Duty a little at half mast, except on mobiles
Activision Blizzard reported 2021 revenue of $8.8 billion today, up 8.8% YoY.
Net Profit was $2.7 billion, up 22.8% YoY.
Call of Duty: Vanguard saw lower premium sales than last years release.
Call of Duty Mobile exceeded $1 billion in spend during 2021. pic.twitter.com/rIvnlJY6Vs
— Daniel Ahmad (@ZhugeEX) February 3, 2022
With all this upheaval, how are the finances of Activision-Blizzard-King? Well not too bad if we are to believe analyst Daniel Ahmad, since compared to the previous year, the publisher is recording 8.8% more profits in 2021, for a total of $8.8 billion in revenuedespite a call of duty vanguard which sold less than the last episode.
If we take only the last quarter into account, there is indeed less to celebrate for the publisher, qui sees a 10% drop in revenue for this quarternoting that even the commitment around call of duty warzone has weakened, probably linked to the many bugs following the strike at Raven Software. It must be said that the publisher can above all rely on the power of Call of Duty Mobile, which alone grossed over $1 billion in 2021to boost the overall figures for the year a little.
As for the Blizzard division, Hearthstone is the only license that continues to grow year after year, while Diablo II: Resurrected sold more copies than any Blizzard title in the fourth half of a full year.
And since we are talking about Blizzard, we see that the mobile part will become one of the pillars of the group since a word on the positive feedback on Diablo Immortal (via several alpha trials) was addressed, as was the mention of “ news warcraft experience “. Among them, the publisher speaks of a ” All-new Warcraft mobile content coming into the hands of players for the first time in 2022. It remains to be seen when this experience will be unveiled.