‘Call of Duty’ stands out in grim games results

Activision stood out in a sea of grim results for one clear reason: Call of Duty. The latest installment of the blockbuster series, Modern Warfare II, topped US$1bil (RM4.3bil) in sales in 10 days in October and was the best-selling game of 2022. — Reuters

NEW YORK: After a pandemic-fuelled boom, most major gaming companies disappointed investors in 2022 due to a thin release schedule and an economic slowdown that kept a lid on sales of all but the most popular titles.

Ubisoft Entertainment SA, Nintendo Co, Electronic Arts Inc, Take-Two Interactive Software Inc and GameStop Corp all posted results for the last quarter that missed Wall Street’s expectations or shared disappointing outlooks for the beginning of this year.