In short: Last week, Activision Blizzard released its quarterly financial report, which paints a bleak future for the platform hierarchy. The troubled company’s revenue has been falling year after year due to a sharp drop in PC and console sales, and now mobile games account for half of its revenue.

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Currently, Activision Blizzard should really be called Activision Blizzard King. If you haven’t heard of King, I’m sorry. It is the creator of Candy Crush, Farm Heroes, Bubble Witch and other games. But it is also a money printer. King made $685 million for Activision Blizzard last quarter, when the two namesakes only made $600 and $296 million, respectively.

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Activision earned the most in the console market, earning $360 million. It made $100 million on PC and $135 million on mobile, much of which would come from the evergreen Call of Duty Mobile. It looks like it’s doing better than 2021’s CoD Vanguard, which is an unfortunate state of affairs.

Blizzard launched unpopular but profitable Diablo Immortal in early June, which raised over $100 million. He managed to make another $229 million from PC games like World of Warcraft and Overwatch, but only a measly $19 million on consoles.

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if you are general When you factor in these numbers, you’ll get mobile revenue that’s a fraction of Activision Blizzard’s last quarter revenue of 50.5%, or $831 million. Annual revenue from consoles and PC almost halved, falling to $376 (23%) and $332 million (20%), respectively. Other sources of revenue, most notably live streaming and esports, accounted for about six percent of the company’s $100 million in revenue.

Obviously, the publisher is prioritizing mobile games, but console and PC games will return to the company’s bottom line later this year. He has three colossal sources of income waiting in the wings: Overwatch 2, CoD Modern Warfare 2, and the Dragonflight expansion for World of Warcraft.

There is no need to worry about the near future of Activision Blizzard games built for traditional gaming environments, especially after the Microsoft acquisition. moving forward. But as the company continues to focus its investments on the mobile sector, the likelihood of it developing new and ambitious franchises for PC and consoles is fading away.