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Call of Duty's $1 Billion Milestone: Monumental Success or Avatar-Sized Hype?
Monday, December 12, 2011 - 3:17pm | 1217Activision (NASDAQ: ATVI) was quite happy with itself today, bragging about Call of Duty: Modern Warfare 3 as if it were the fastest-growing entertainment property in the history of entertainment. In terms of dollar signs, Modern Warfare 3 is the biggest. It took Avatar, the over-hyped 3D movie...
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Video Games Are Too Valuable for Black Friday, Cyber Monday Deals
Monday, November 28, 2011 - 9:52am | 191The “cost per hour” is so low, video games don't need to be discounted at 50%, says Activision CEO Bobby Kotick. During an interview with CNBC this morning, Kotick was asked about Activision's (NASDAQ: ATVI) plans for the iPad. “We're never the first” with new platforms, Kotick replied. “We're...
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Zynga is Greedy Game Industry Scum, Steals from Employees to Help Bottom Line
Friday, November 11, 2011 - 3:01pm | 894If you work for Zynga, now is a good time to quit. And if you're a Zynga employee who owns company stock, you might want to get a good lawyer. The Wall Street Journal reports (via CNET) that Zynga execs have been telling its employees that it wants them to return their stock options before the...
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Call of Duty Breaks New Record, So Why Isn't Activision Trading Higher?
Friday, November 11, 2011 - 1:24pm | 863Call of Duty: Modern Warfare 3 is now the fastest-selling game of all time. But investors don't seem to care – why? With average review scores near 90%, investors couldn't be as frustrated with Activision (NASDAQ: ATVI) as they were with THQ (NASDAQ: THQI) following the release of Homefront....
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Are GameStop's Tablets a Joke, a Success, or So Bad They Aren't Worth Mentioning?
Wednesday, November 2, 2011 - 9:08am | 925More importantly, should Apple be worried about GameStop's entry into the tablet market? The simple answer: NO! Despite the promise of a store-branded device, GameStop (NYSE: GME) has chosen to launch a series of generic tablets without any modifications. These devices include the Samsung Galaxy...
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Should Call of Duty Be Worried by Battlefield 3's Massive Sales Figures?
Tuesday, November 1, 2011 - 9:58am | 922Activision's shooter may be the leader, but Electronic Arts has shown that it has what it takes to compete. Yesterday afternoon, Electronic Arts (NASDAQ: ERTS) announced that Battlefield 3, the long-awaited first-person shooter that aims to put a bullet in Call of Duty's head, has sold five...
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Battlefield 3 Will Be Big, But Call of Duty Will Still Win 4Q, Says MKM Partners' Eric Handler
Tuesday, October 25, 2011 - 2:35pm | 511Next year could also bring significant EPS growth to Activision (NASDAQ: ATVI). That's according to Eric Handler, a Managing Director-Sector Head/Senior Analyst at MKM Partners, who spoke to CNBC this afternoon. But while Call of Duty is the company's bread-and-butter, the game that's expected to...
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Groupon Sues Two Former Employees Who Now Work for Google
Tuesday, October 25, 2011 - 9:35am | 167Citing a tweet from Bloomberg West host Emily Chang, Business Insider reports that Groupon is suing two former employees, Brian Hanna and Michael Nolan, for stealing trade secrets. Hanna and Nolan left Groupon for Google Offers, the Groupon clone that Google (NASDAQ: GOOG) launched after failing...
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Battlefield 3 Kills Call of Duty; Was That a Headshot or a Hand Grenade?
Wednesday, August 17, 2011 - 3:17pm | 830After several failed attempts, Electronic Arts may finally have what it takes to beat Activision's leading FPS. Just over one decade ago, EA (NASDAQ: ERTS) was all but the king of first-person shooters. At that time, Steven Spielberg was riding high on the success of Saving Private Ryan, and he...
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First Comes Zynga's I-P-O, Then Zynga's D-E-A-T-H
Monday, August 1, 2011 - 3:43pm | 1165Zynga's current business model is a recipe for disaster. In terms of media attention, Zynga is the can't-lose-game developer. From IPO amendments and new game anticipation to positive side effects and IPO valuations, Zynga is the company everyone is talking about. But while the news typically...
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Review: Transformers Dark of the Moon, Stealth Force Edition (Nintendo 3DS)
Thursday, July 21, 2011 - 5:39pm | 494When High Moon Studios set out to create the latest Transformers game, they were given the luxury of working with the current crop of game consoles. Xbox 360 may be approaching its sixth birthday (hard to believe, isn't it?), but that doesn't mean it's a dead machine. As far as Microsoft (NASDAQ:...
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Supreme Court Ruling is a "Victory Against an Unwarranted, Selective Attack on Our Industry," says Activision's Bobby Kotick
Tuesday, June 28, 2011 - 8:30am | 267Activision's (NASDAQ: ATVI) President and CEO, Bobby Kotick, has commented on yesterday's ruling, in which the Supreme Court ruled that California's video game ban to minors is unconstitutional. “We are pleased with the ruling, which is an important affirmation of First Amendment rights and a...
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Review: Transformers Dark of the Moon Video Game (Xbox 360 Version)
Monday, June 27, 2011 - 4:38pm | 755It's not everyday that a video game that's based on a movie has what it takes to impress more than the diehard fans of the source material. Then again, Transformers: Dark of the Moon was not designed as an everyday, run-of-the-mill movie game. Developed by High Moon Studios, Dark of the Moon comes...
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Activision's Very Bad Lawsuit Day
Tuesday, June 21, 2011 - 12:59pm | 235The ongoing litigation between Activision (NASDAQ: ATVI) and the founders of Infinity Ward (the primary studio behind the Call of Duty franchise) will continue to go on now that a judge has ruled that the founders “have some facts to support their claims against the publisher.” The news comes from...
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Goldman Sachs Raises Electronic Arts Target from $22 to $25; Activision Jumps to $14
Friday, June 3, 2011 - 8:03am | 52Goldman Sachs is raising its PT on shares of Electronic Arts (NASDAQ: ERTS) from $22 to $25. Goldman Sachs has also raised its PT on Activision (NASDAQ: ATVI) from $13 to 14. Electronic Arts closed Thursday at $24.24; Activision closed at $11.95.