Activision Blizzard Sales Fall as Call of Duty: Vanguard Underperforms
Activision Blizzard, the biggest US video game publisher, reported revenue that beat analysts' estimates, but adjusted sales declined 15 percent from a year ago due to a soft Call of Duty: Vanguard launch last fall and a slow year for the gaming industry overall. Activision, which is in the process of being acquired by Microsoft, brought in adjusted revenue in the second quarter of $1.64 billion (roughly Rs. 13,000 crore), compared with the average analyst's projection for $1.6 billion (roughly Rs. 12,600 crore). Adjusted…