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Where Independent Traders, Investors, and Dribblers Thrive
Video game publisher Activision Blizzard reported much better than expected…
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what are they going to do with all that cash? $4.71 billion
All that cash – buying new independents maybe? They have been aggressive in the past
$2 billion of that is from King’s mobile games such as Candy Crush.
But that still leaves another $2 billion from console and PC games add on content.
Candy Crush has also been amazing with its longevity – when are we starting our own game!!
Activision Blizzard $ATVI is set to report Wednesday.
Analysts expect EPS of 30 cents on sales of $1.33 billion up 11 year over year.
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