$100M earnings in Q1 2023. What does it mean?!

Does this mean we can fix the problems with OW2, yet?

FTP model seems to be working great for Acupuncture/Blizzard. Does this mean that some of their “risk averse” decisions like creating a garbage match-making system to shorten queues can be fixed? Does this mean they can invest in better-than-bottom-shelf anti-cheat software/technologies and personnel? Can we fire and rehire the “data science” team that’s clearly providing near-zero value to the balance team and devs?

Or are they just going to pass them extra dolla dolla bills on to the investors?

7 Likes

It means their model failed big time by being stingy scrooge.

Ow1 on its last legs made a billion a year from lootboxes.

Ow2 with a lot more content release hype, watchpoint pack sales which was scammy as many thought they were buying ow2 or something, bp, shops all couldn’t get more than a 100 mil.

Despite 40 mil users and highest mau ever.

Their whole marketing department is a failure at this point.

16 Likes

It means stupid people love wasting money on virtual items as usual.

11 Likes

“Blizzard Q4 earnings report: “F2P model delivered the highest quarterly figures for player numbers and hours played in Overwatch history””

^

4 Likes

Yes still the lowest earnings than last quarter of ow1 with just 10 mau.

4 times less.

Are you the usual underpaid overworked blizzard intern stop shilling and answer why you have failed big time financially while having more content and people than usual.

4 Likes

It means nothing is going to change.

2 Likes

Everything I’m reading is saying OW2 is doing much better than OW1 for earnings and player counts.

6 Likes

It’s not nowhere it says it’s doing better than ow1 financially, if anything from past reports it’s doing horribly bad.

My dear underpaid overworked blizzard intern.

2 Likes

This is from blizzard, themselves:
add https before the link, over here → ://investor.activision.com/news-releases/news-release-details/activision-blizzard-announces-fourth-quarter-and-2022-financial

5 Likes
  • Fortnite generated $5.8 billion revenue in 2021 for Epic Games

  • Officially, Valorant earned around $58.72 million from VCT Champions Bundles. Tencent revenue from international games (Valorant included) was $1.68 billion in Q3 2022.

  • League of Legends in 2020 made $1.75 billion

Overwatch is severely underperforming in a f2p skin sell machine environment, even against older titles that didn’t get a massive hype boost and have a similarly poor reputation for the community.

They’ve made less in 1 quarter what Genshin mobile only can pull in a single month.
It’s… Not going well. Get ready for life support two electric boogaloo if they can’t sort this out and pump those numbers.

17 Likes

This is not correct. We know it was well under a billion:

https://www.tweaktown.com/news/85996/overwatch-made-less-than-10-of-activision-blizzards-2021-revenues/index.html

We don’t know how much it actually was. Could be ten million for all we know.

3 Likes

Your only confirming they are doing worse than overwatch1 in its last leg.

2022 shows net revenue +70% YOY, on their balance sheet.

4 Likes

Net revenue but iw is only 100 mill petty change wow and cod bought in the big moolah.

The game is a financial failure at this point unless pve packs sell like hot cakes and we all know blizzard Activision doesn’t like ips that don’t make a big B a year.

How it compares to other A-list titles, I don’t know, but 2022 earnings report shows +70% revenue, YOY.

Bro must be from marketing department intern😂 you guys are screwed.

It must take special skill to make a product under perform to a quarter of what it was despite new launch hype and content.

You guys are killing it, inean overwatch :joy:

3 Likes

MAUs are way at the bottom of the report. For Blizz (Totals. It doesn’t break out by specific game):
Dec 21: 24M
Mar 22: 22M
Jun 22: 27M
Sep 22: 31M
Dec 22: 45M <— highest in the data they show

3 Likes

Once more bro from marketing showing mau instead of revenue.

How horrible must the new marketing strategy must be if you make one quarter of money you made from just 10 mill mau against 40 mill mau.

2 Likes

You’re spreading lies at this point. There is no concrete information about OW1’s revenue.

3 Likes

Also, from early in the report:

  • The October launch of Overwatch 2 with a free-to-play model delivered the highest quarterly figures for player numbers and hours played in Overwatch history. Player investment is also off to a strong start, with fourth quarter in-game net bookings at the highest level to date for Overwatch. The team is working on an ambitious slate of regular seasonal updates, including PVE content, to engage and expand the community, as well as other ways for new and existing players to experience the Overwatch universe longer-term.
4 Likes