Activision Blizzard reports a $700 million revenue drop, and Call of Duty is to blame

Financial results for the quarter also show a decline in active players.

Although Call of Duty: Vanguard continues to be one of the best-selling games in recent months, we know from the company itself. ActivisionBlizzard this doesn’t work well at all and underperformed in terms of the commercial numbers that the popular shooter saga usually accumulates.

They generate 1,600 million revenueThis gets even stronger when we look at the company’s financial results corresponding to the last quarter. 700 million decrease in revenue compared to same period 2021. They made $1.6 billion now, and last year they made $2.3 billion.

As for the quarter itself, a 400 million drop in product sales and also 300 million less in revenue from games or subscriptions. Although they continue to generate billions in revenue, they are not very positive data for a company of this caliber.

Call of Duty has a good flaw in this, because it’s the game that moves the most users for the company, and their loss is obvious: Activision’s active player count drops below 100 million for the first time in three yearsIt goes from 127 million to 94.

Active players dropped below 100 millionThe situation is explained even better if we observe this. PC and console revenue figures fallWhich is understandable if we look at Vanguard again. Mobile isn’t a major concern as revenues increase and console numbers double.

While Blizzard recorded slightly lower data (7% less than last year) and King increased their numbers compared to the same period in 2021 (8%), Activision most affected for the results of what they consider the second quarter of their fiscal year.

These results come in the midst of Microsoft’s currently ongoing acquisition of Activision Blizzard. investigated by different regulatory bodies. for the final approval of the operation. Right now those from Redmond are defending themselves by ensuring that Activision doesn’t have anything unique that could seriously impact the competition, but we’ll have to wait to see the outcome from the main actors.