The video game industry took the hit due to the poor economy. But thanks to "Guitar Hero 5" and "World of Warcraft" Activision Blizzard, Inc. reported a profit for its 3Q. In time for the holiday, a game called "Call of Duty: Modern Warfare 2" will be released next week. But the question now is whether or not the Americans are ready to dig deeper into their pockets. I think most businesses are nervous about consumer behavior especially with the gloomy economy.
Aside from "Modern Warfare 2" other video games like "Band Hero" and "Tony Hawk" will be released in time for the holiday shopping. "World of Warcraft" still dominates as Activision's biggest revenue source because of its huge following.
Right now my son has expressed no interest in any video games which makes me happy. All his game systems are kept in one place and I haven't seen him use them for a while now. I'm still being conservative in my spending habits and probably even after the economy will turn around.
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