Activision Blizzard's got a lot to thank Call of Duty for. With first details about COD 2021 slowly coming in, they've reported their earnings had beaten Wall Street expectations. Experiencing a 27% revenue growth, Activision earned $2.28 billion for Q1 2020, which ended on March 31st.
Unsurprisingly considering the COVID-19 pandemic, many have turned to gaming whilst remaining indoors, and free-to-play entries Warzone and Call Of Duty: Mobile were cited as being key drivers. When 2019's results were $1.79 billion, it's a significant increase.
Call of Duty Drove Activision's Q1 2020 Revenue Growth By 27%, Earning $2.28 Billion
Adding to this further, Activision reported stock prices have also risen by 5.6% to $93.67 a share. With recent news of Crash Bandicoot developers Toys for Bob assisting Warzone's development, alongside reports of Sledgehammer Games developing a new Free-To-Play entry.
By all accounts, Activision are making a pretty aggressive push, but given the results, it's understandable they're putting so many resources into this franchise. During the same earnings call, CEO Bobby Kotick also confirmed they'd reached 435 million monthly active users, and Call of Duty made up 100 million of those players.