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Activision Blizzard Results Get Boost From In-Game Spending

Activision Blizzard Results Get Boost From In-Game Spending

Actually, Collister Johnson, Activision's president and COO, took some time during that same investor's call to share a few kind words about Black Ops developer Treyarch.

Kotick praised Fortnite for helping to expand the marketplace by innovating in a way that has turned it into a mainstream product that has brought in new players of all ages and gender.

Inspired by that success, plenty of companies have tried to hop aboard the battle royale bandwagon, and in a rather teasing retort, Activision CEO Bobby Kotick implied the publisher might very well be next.

Fortnite is one of the biggest, most popular games on Earth right now-it's so big that it's even impacting the established juggernaut Activision. Overall, $1.46 billion came from digital sources, with a mere $409 million coming from traditional retail outlets. Shares of the two companies have been hit hard in recent weeks, but Jefferies sees their dips as a buying opportunity, saying the worst-case scenario is already priced into their stock prices.

Google Assistant now connects to over 5000 smart home devices
And we're working closely with partners to build the Assistant into the next generation of TVs available later this year. Entertainment queries and commandsincreased more than 400 percent in the last six months.

Excluding items, the company earned 38 cents per share, beating the average analyst estimate of 35 cent per share. The company predicts it will make $1.56 billion its next quarter, and $7.36 billion by the end of 2018.

Dow Jones Newswires, the professional business information service operated by the Journal's publisher, inadvertently published select earnings results, including an incorrect revenue number, for Activision's latest quarter ahead of their scheduled release. EA releases its fourth-quarter results on May 8, and Take-Two is set to report on May 16.

It's not just first person shooter games that are under fire from Fortnite's popularity.

How is Epic Games Able to Offer Fortnite for Free?

Hawaii's Kilauea erupts, county orders residents to evacuate
Hawaii County Civil Defense is urging residents in the Puna community, home to about 10,000 residents, to get out now. A short-lived plume of red or pink ash was seen over Pu'u 'O'o on Thursday following a magnitude-5 quake nearby.

The success of Fortnite: Battle Royale and PlayerUnknown's Battlegrounds has many in the gaming industry expecting big AAA franchises to start adopting the 100-player last man standing mode soon.

Baird analyst Colin Sebastian said "Fortnite" concerns appear "overblown".

The future certainly looks bright for Activision Blizzard, as the company plans to bring more of their popular core brands to mobile, delve deeper into esports, and, of course, keep the Call of Duty money-printing machine running. He added that Activision Blizzard's own portfolio of games is diversified with free-to-play and paid games alike, along with other revenue streams from things like add-on content and microtransactions.

Rory McIlroy clears the air over US Open and Open Championship comments
One of the game's streakiest players, he plays his best when he's front-running. "It was more the quiet moments", McIlroy said. And I thought Patrick (Reed ) did a fantastic job on Sunday holding it together because he didn't have his best stuff.