cost cuts may push Activision shares up 50 percent

NEW YORK (Reuters) - Videogame maker Activision Blizzard may see its share price rise significantly, helped by the impending release of a new game and a recent business partnership in China, financial newsweekly Barron's reported in its August 6 edition.

Activision shares, which are down about 10 percent this year and are currently trading at about $11.25, could rise as much as 50 percent due to new products and improved cost-cutting, with one analyst at BMO Capital Markets predicting the stock to hit $17, Barron's said.

Activision, which is debt-free and repurchased shares in buy wow weapons the first half of 2012, recently formed a partnership with Tencent Holdings, China's largest Internet provider, to make its popular "Call of Duty" game available online.

Like its competitors, the Santa Monica-based company's share price has wow items fallen due to a slowdown in demand for packaged videogames used with traditional game consoles, challenged by the growing popularity of cheaper products played on smartphones and tablets, Barron's reported.

(Reporting By buy wow weapons Katya Wachtel: Editing by Maureen Bavdek)

"Like its competitors, the Santa Monica-based company share price has fallen due to a slowdown in demand for packaged videogames used with traditional game consoles, challenged by the growing popularity of cheaper products played on smartphones and tablets, Barron reported."

game comapnies are down because its become industry standard to release sub-par buggy games for $60 when they arent even worth $30. and then when you complain wow gold about being ripped off they belittle you for being mad about wasting the money on their game. its a product regardless. people wont buy it if its not worth it. the game companies slowly marched every new release upto $60 over the past decade. you used to be able to walk into a game section . pick a game based on the cover. and still have a decent game. now if you do that you risk wasting $50 out of the $60

They gonna actively push the lastest expansion pack for World of Warcraft in China as well. Kinda helps that it is called Mists of Pandaria and is predominately an Asian theme. That being said, I think its a crap shoot at this point. Activisions flagship titles, Call of Duty and World of Warcraft, are losing their appeal to many players in Europe and North America. Pushing new markets will help, but I don believe it will make up for the rot the company is seeing in its more traditional markets.
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