An interesting bit of news about our favorite gaming company. Thought I'd share it with you.
https://www.fool.com/investing/2021/...-billion-cash/
This is where I think a large portion of it will go:
https://www.fool.com/investing/2021/...n-blizzard-q1/
Mobile investments
On the first-quarter conference call, management mentioned the company eventually wants to get all of its franchises into mobile formats in some form. They've already moving in this direction with the Call of Duty Mobile and Diablo Immortal titles, but they plan to push these initiatives even further to capture more of the $77 billion mobile gaming market. Plus, with the King studio under its umbrella, Activision Blizzard can leverage the sustained success of Candy Crush for other games like World of Warcraft.
For example, King just debuted Crash Bandicoot: On The Run! on March 25. This relaunch of an old Activision franchise has racked up 30 million downloads already, so it looks to be resonating well with consumers. Mobile will likely be a big focus for the thousands of new developers who will be joining the company over the next few years, supporting the pursuit of its goal of reaching one billion MAUs.
WoW on mobile/console? Sounds like a good chance it will happen at some point.