Activision/Blizzard reports reduced revenues and MAU
- Thread starter Remember_Spinal
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Oof.
Some gaming companies gonna be mad they didn't put themselves up for sale in 2021 lol
Some gaming companies gonna be mad they didn't put themselves up for sale in 2021 lol
OP
OP
I think everyone really underestimated how much the pandemic inflated numbers. I think most game companies thought the increase in MAU would settle in around the halfway mark but its not. Its plummeting right back to pre-covid numbers and maybe even falling shorter
Hopefully nothing gets in the way of MS acquiring them so they can destroy each other and take Bethesda with them as a bonus. The world already has too many garbage publisher and wouldn't miss a few of them.
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I wouldn't say everyone. This chap right here did not.... but I get the point, and you're right in all of it. Expect bigger dips across the board. Obviously some publishers will be better off than others but the trend is clear.
Yeah these companies absolutely did based on missing forecasts by a ton.
I think they thought the slight downturn in 2021 was where it would land.. but even if there weren't as many "lockdowns" there still were massive amounts of people particularly in urban areas w/ money staying in. And just people in general who were "stuck" in the habit of staying home either way.
Eventually trust in vaccines changed all of that and of course just about all restrictions worldwide were dropped.
OP
OP
I also feel like the type of people that tend to play Blizzard/Activision/King games are the people who are actually back outside lol (except for WoW)
The casual gaming market will be hit the hardest by the ending of the pandemic.
Not a good look but Activision Blizzard is having a lot of internal issues recently.
That shows how the solid Q1 from Sony is an outlier in game industry.
That shows how the solid Q1 from Sony is an outlier in game industry.
Did you not see it? Basically the same revenue as last year.
Sony Q1 FY2022 Results (2.4m PS5,
https://www.sony.com/en/SonyInfo/IR/library/presen/er/ Revenue down 2% * Hardware up 12% * Software down 13% * Services up 4% Profit down 37% Seems software is affected by lower non-first party game sales and DLC content… their forecast even include that for the whole FY. Profit is being...
icon-era.com
Of course I saw it.. calling profit being down 37% a "solid year" is pretty ridiculous.Did you not see it? Basically the same revenue as last year.
Sony Q1 FY2022 Results (2.4m PS5,
https://www.sony.com/en/SonyInfo/IR/library/presen/er/ Revenue down 2% * Hardware up 12% * Software down 13% * Services up 4% Profit down 37% Seems software is affected by lower non-first party game sales and DLC content… their forecast even include that for the whole FY. Profit is being...
They are in the middle of selling loads of expensive hardware that nobody like ABK is selling, it makes the revenue go up but unless game sales increase or stay the same profit goes down.. and game sales went down.. a LOT year over year. Like 25% less games...
OP should read before thread spamming across the internet.
MAU is down 3% quarter over quarter and 12% year over year.
Not half.
MAU is down 3% quarter over quarter and 12% year over year.
Not half.
OP
OP
OP should read before thread spamming across the internet.
MAU is down 3% quarter over quarter and 12% year over year.
Not half.
Meant to say revenue, mods can fix it please
If you think Sony Q1 was not solid then I don't know what to tell you lol
Well, the hardware is not losing money..... the shipping is probably quite expensive though.
Really though they have a lot of new expenses from bigger and new teams and had to pay Bungie about a Billion from their operating budget.
So all in all, I wouldnt say it's that bad at all.... could definitely be worse.
Despite my misgivings about how Jim is running things.
I could pick at everything.... like saying Foresprite are not worth it and Haven are unproven and they should have bought From or Square and funded something proven instead.... but they cant go back on that now.
If you remove hardware from both FY2021Q1 and FY2022Q1 the numbers are not good just like everyone else in the industry.
Comparing apples and oranges if you don't remove hardware from the equation.
I mean...
In a time post covid where all companies are posting huge drops... Sony holds the revenue... holds the MAUs... and used part of the profit to invest in new game development
and that without release a single big game in the quarter.But hey 37% less profit without context can create a narrative... you can keep going on.
But their business does include hardware... they are a platform holder.
Xbox was down a lot on hardware too, so it matters in that context. IMO
Not being completely dependent on software is good IMO.
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