Millions of people stuck indoors turned to video games such as Activision Blizzard Inc's 'Call of Duty' to shake off lockdown boredom in the past ...
Millions of people stuck indoors turned to video games such as Activision Blizzard Inc's "Call of Duty" to shake off lockdown boredom in the past two months, encouraging the company to raise its revenue forecast for the year.
"Call of Duty: Modern Warfare" is the best-selling game of this year so far according to data from research firm NPD. The company also released a free-to-play battle-royale extension"Call of Duty: Warzone" in March, which it said had already recorded over 60 million players to date. Activision raised its 2020 adjusted revenue forecast to US$6.9 billion from US$6.73 billion, marginally above analysts' estimate of US$6.86 billion, according to IBES data from Refinitiv.
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