More games like Diablo Immortal are probably on the way from Activision Blizzard despite all of the controversy.
Per the gaming giant’s recent Q2 2022 financial report, it turns out that Activision Blizzard is making more money from mobile games than PC and console titles combined now. While Activision Blizzard’s PC and console earnings remain quite impressive, with $332 million on the PC and $376 million on combined console sales, they don’t come close to mobile, whose earnings are listed as $831 million.
The numbers are quite a shift from Activision Blizzard’s Q1 earnings, per coverage from PC Gamer.
Console revenues were $740 million for the quarter, accounting for 32% of the total, while mobile revenues hit $795 million, making 35% of the quarterly total. The PC came in third with $628 million—27% of Activision Blizzard’s revenues for the quarter.
Activision Blizzard’s latest earnings report can also reveal that mobile is the only platform to see year-over-year revenue growth.
While PC and consoles (and the “Other” category) are down sharply, mobile actually managed a 5% increase. Activision blamed the decline on “lower engagement for the Call of Duty franchise” and reduced World of Warcraft net bookings compared to the same quarter last year, which is when the Burning Crusade Classic expansion released. The waning of the pandemic boost that benefitted stay-at-home PC and console gaming may also be a factor in the downturn.
Blizzard launched Diablo Immortal, its “new plane of hell” for mobile and PC on June 2. Despite generating much controversy, the game has made a ton of money for its creators since its launch, with recent reports suggesting $100 million in revenue after just two months.
Another mobile title that Blizzard recently rolled out to select regions is Warcraft: Arclight Rumble. This is a free-to-play mobile action strategy game that’s “set within the Warcraft universe where collectible Minis come to life to battle in frantic melee skirmishes.”
Source: Activision Blizzard (PC Gamer)