Activision tumbles, but the future is bright
You know, we doubt they get any comfort from stock analysts saying that “it probably can’t get much worse from here.”
FULL STORY:
Like Electronic Arts before them, Activision has turned in slumping sales figures for the holiday season, and for all the same reasons. But in a somewhat comforting analysis, The Motley Fool concludes that things are about as bad as they can possibly be, and that the ramp-up of Xbox 360 and the introduction of PS3 and Nintendo Revolution will bode well for the publisher’s future.
And while new titles such as True Crime: New York City (current-generation consoles only) and the western shooter Gun disappointed this past quarter, the jaw-dropping Call of Duty 2 for the Xbox360 — the best-selling Xbox360 game since launch — hints that Activision will be a heavyweight.
Activision as a heavyweight really shouldn’t shock anyone — but, hey, if you’re thinking about buying some stock, read on.
• Has Activision Bottomed Out? [MSNBC/Motley Fool]
