Activision Stock Forecast : Why Activision Still Enjoys $70 Million Monthly Net Sales From Candy Crush Saga

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

Activision Stock Forecast

Summary:

  • Activision bought King Digital because of its highly successful Candy Crush Saga mobile game.
  • The $5.9 billion gamble to own King Digital was judicious. King’s five-year old Candy Crush Saga still generates net monthly sales of $70 million.
  • It means Candy Crush Saga still touts around $100 million in monthly bookings.
  • The strong monetization is due the live in-game events that King Digital implemented in Candy Crush Saga.
  • In-game events encourage players to play longer. Candy Crush Saga is energy-based so players will have to spend real dollars if they want to play longer every day.

Tesla Stock PredictionsRead The Full Premium Article

Subscribe to receive exclusive PREMIUM content Here