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by blackwater 02/13/2019, 3:35pm PST |
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Employees mostly just want to stay employed. Owners want the stock to go up. But to do that it needs to beat expectations. Expectations on Wall Street can be a bitch-- even if you sell 2x as many widgets this year as the previous year, if analysts were projecting 4x as many, the stock still plummets. In this case, the target was 3 billion in revenue, and they "only" hit 2.38 billion.
On the bright side, they're
going to add more developers, apparently.
“The number of developers working on ‘Call of Duty,’ ‘Candy Crush,’ ‘Overwatch,’ ‘Warcraft,’ ‘Hearthstone’ and ‘Diablo’ in aggregate will increase approximately 20% over the course of 2019,” Activision said in its release.
Developers, developers, developers. Learn to code or you'll get sent to the glue factory, people.
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