Economy is in the crapper...

[Zario]

and Activision agrees!  I have to give Kotick props since most execs don't have the orbs to say something that could make their stock price go down on national TV.  BTW, I loath CNBC.

http://www.zerohedge.com/article/activisions-ceo-sees-no-sign-consumer-recovery

[Zario]

I will say I'm not happy with how he got excited about "monetizing virtual economies".  I'm sure the Blizz folks constantly remind him that they'll lose the majority of their gamer base if they start selling items that affect actual game play vs the cosmetic items sold today.

[Air]

Thing is, he pretty much killed Infinity Ward. These are the guys who "made" modern warfare 2.  There are no more developers anymore at Infinity Ward, they have all left the company.  All the Ex employees are now suing Activision for payment from the game.  So I'm not sure quite care about what this guy says.