SAN FRANCISCO: Activision Blizzard Inc reported better-than-expected fourth-quarter income on strong sales of its Call of Duty titles during the holidays, helping drive its stock to a five-year high despite a middling first-quarter outlook.
The largest US videogame publisher believes its coming action game Destiny will become the company's next billion-dollar franchise, chief executive officer Bobby Kotick said in a statement. The game is expected to launch in September.
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