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Forums - Gaming - Activision stock is Down 17% in less than a Month, mainly due to Destiny and weak outlook

kappie1977 on 08 October 2014
jlmurph2 said:
kappie1977 said:

you are correct, a friendlist isn't really saying if worldwide much people play the  game. But with GTA 5 I noticed that after two weeks nobody in my friendlist played it anymore eventhough many fans of GTA so in my mind many people are still playing Destiny. But again my list isn't really saying anything about worldwide stats


Probably because most people finished the single-player and couldn't get into GTA Online servers yet.


ah yes I totally forgot about that issue



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TheWPCTraveler on 08 October 2014

Sheesh, this is what happens when speculative bubbles burst, people! This is what happens when you base your expectations on unusually lofty forecasts of growth.



 
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foodfather on 08 October 2014

This is music to my ears. Hopefully it continues.



Kerotan on 08 October 2014
walsufnir said:
Kerotan said:
walsufnir said:
I think the thing is that while Destiny sold very good, it dropped very fast and as we still don't have any details on user activity from Bungie we don't know how many are still playing it so this builds a forecast for future DLC and upcoming successors for this game.
Destiny sold exceptionally good but the image seems hurt a lot currently and for months to come.


Correct me if I'm wrong but how is selling 700k copies in it's 3rd week dropping badly? GTA 5 had an 80% drop after it's first week and the reason is because the first week was huge. Destiny first week was huge for a new IP. 

And if you include digital sales you could prob add on another 10%.  


Oh, you are right! Sorry, I had different numbers in mind but that was when there was only US data available.

Still we are missing usage stats from Bungie and don't know how many people already stopped playing the game. Why don't they tell us officially how many people play the game?


i haven't seen the stats but it's annoying me that my friends list are sticking with this. I play battlefield everyday and want them back on that. however the only person i talked to in person about it said it was shit and he traded it in haha. But he said if he'd a group of friends to play it with it would have been decent. 



FIT_Gamer on 08 October 2014

Investors just cashing in.



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jibbyjackjoe on 08 October 2014

You had a whole bunch of hype purchases, and then the smart consumers waited for reviews. A game can't be great with so many mixed reviews. It can be decent...it can fill someone's void/definition of a great game....but it won't be a masterpiece.



jibbyjackjoe on 08 October 2014
Player2 said:

Plus they don't have a MMO to replace Word of Warcraft because Titan got canned recently after lots of money and work spent.


Pretty sure Titan was Destiny. 



Fusioncode on 08 October 2014

Is Activision doomed yet?



Sigs are dumb. And so are you!

Mr_No on 08 October 2014

I'm really doubting whether to get the game on PS4. It's not the gamer hate that leaves me undecided, but the general outlook. It's an incomplete game at launch with a lackluster story and poor looting/farming elements, and no amount of DLC's can fix it. The worst thing is that despite of the stock lowering 17%, they already made their millions and will attempt to do this in the future since it filled their pockets.



CosmicSex on 08 October 2014

It seems a little irrational when you consider the fact that this game has sold a ton already. Was this based on their expectations or do people not realize that its still probably going to be in the top three sellers for the year if not number 1.  Alos, I think COD:AW's outlook is probably doing more damage than Destiny.