Blizzard’s disastrous reveal of the Diablo Immortal mobile game has had a significant impact on the company’s stocks.
Reports say that the Activision Blizzard stocks have plummeted as much as 7.2 percent, reaching the lowest value since January of this year. While fans almost universally abhor Blizzard entering the mobile market, analysts applaud the company’s decision saying it will lead to much greater profits down the line.
A few quotes from a few select market specialists:
Timothy O’Shea of Jefferies:
“Diablo was supposed to be Blizzard’s first shot on goal into the big global mobile game market…
[…]
Games like these attract large, harder core mobile audiences in Asia and the Diablo franchise is popular in the US, China, Europe and Korea.”
Brian Nowak of Morgan Stanley:
“Diablo Immortal could eventually have more than 200 million monthly active users, and that it could generate annual earnings of as much as $2.52 a share.”
Wedbush:
“We expect Activision Blizzard to outpace its peers with its in-game monetization, and expect dramatic growth in its mobile business as it launches new titles based upon its successful PC and console games.”
From these financial predictions, it seems Blizzard’s mobile ventures are all financially secure. The bait has been cast into the water and all that remains is to wait for the Asian market to bite.
I really want the mobile game industry, no, smartphones in general to fucking die out. Completely and utterly.
It literally is the #1 civilization ruining thing.
You see random stories about phone zombies walking into traffic too. Phone zombies of course are those fixated on the phones so much that they’re unaware of their surroundings.
Modern “natural selection”. Ideally the stupid ones don’t get to breed before they remove themselves from the gene pool through stupidity.
Ooohh! Is THAT what phone zombies are?
there is an advanced form called Pokemon Go Zombies
pogos are less off a problem, but I have seen people die form ingress.
Or you die cuz of Hentai in Public in more than one way…
They deserved to die anyways.
Yha no thanks. Smartphones are a great improvement in productivity… when not used by infant teenagers and old hipster folk. I haven’t played a game on mine for… long.
Same here they seem to have been one big negative impact on society.
I want the market to thrive and prosper but I want it to do so off of releasing quality content. I’d love to have games to play on my phone. There are some legitimately fabulous games that aren’t s♥♥t.
Those are the games I wish came out rather than these games where the primary goal is money, secondary goal is get more money, and third is just to have a product that enables as many ways of getting money as possible.
It thrives because they don’t need to release quality content and yet grab ten times more cash. From business perspective it’s perfect. From gamers perspective, it’s a sham.
It’s natural selection, when you think about it.
Gamers refuse to put up with the prices of AAA games, and devs have financial obligations to make due to the extreme cost of making games. It is only natural for them to create games that tailor to a crowd that will gladly pay many times more for significantly less content with a far greater safety net for the Devs.
AAA games these days are almost always sink or swim with the demand for quality AND quantity of content raising every year. If they fail once, it can mean the end for entire Dev teams and even entire gaming companies. If they chop up dev teams and make many mobile games with far greater chances and amount of payout, then why shouldn’t they do what makes logical sense?
Think about it. What is a gamer’s value worth in the end?
How much money they will put into a game, period. You vote with your wallet, and many “hardcore” gamers simply refuse to back “hardworking” companies with actual money… Instead, Gamers demands for both quality and quantity of content only increases, while the desire to pay what the product is worth only decreases.
Well with any luck it’ll keep China from advancing as a Civ. All they have to do is start jumping in unison to create earthquakes that cause tidal waves across the globe.
“We expect Activision Blizzard to outpace its peers with its in-game monetization”
There it is, the sole reason they decided to make it go mobile. So it could be an easy cash grab without any hard effort.
Considering they ended up buying King, that’s pretty much the long and short of it now.
You guys should invest now. It will go up again later this week. This is a fast 5-10% profit. But keep it, don’t sell it. They will announce Diablo 4 sooner or later and then it will rise even further.
1, 7.2% drop not going to earn you 10% profit
2, They never announce d4 as it never happens…
Activision announces it’s quarterly earnings later this week. Black Ops 4 sold very well unlike Infinite Warfare. You’ll see.
Well, oops. Down another 12%. Hope you guys didn’t lose any money.
roflmao
It’s inherently worth more going back up; going from 100 to 75 is a 25 percent loss. Going up, it’s a 33 percent gain.
True- for D3 i wait so many f*cking years and this game is only good, and not even comparable with perfect D2. D4? Maybe in 10 years…
to be honest, lots of people will still play and pay for it later.
Vote with your wallet as always
Oh yeah, that’s why Diablo 3 only had to be re-tooled and re-marketed like 5 times!!
Wait a minute….
Nothing wrong with wanting to go into mobile market and make easy money.
but the wrong thing to do is to present it as a main highlight of the event in front of people who mainly game with pc, paying to get in hoping to see what great pc game would they introduce as the main highlight.
That’s like going to a paid rock concert and find out that for the last song they just do the fortnight dance. You should expect a few heads bleeding.