Published: Fri, November 09, 2018
Industry | By Terrell Bush

Financial Analysts Are Optimistic for Diablo Immortal Despite Activision's Crashing Shares

Financial Analysts Are Optimistic for Diablo Immortal Despite Activision's Crashing Shares

Blizzard Entertainment has denied reports that they meant to announce Diablo 4 this weekend, before then deciding to pull the announcement. Diablo is an important, tentpole franchise for Blizzard. Diablo: Immortal was a massively disappointing reveal for me too, and it's one that felt borderline tone deaf to a primarily PC community when given the spotlight at BlizzCon - an event that historically caters to Blizzard's most dedicated fans - without even a casual mention of what else might be coming.

The safe bet says that Diablo 4 is being made, though I wouldn't be surprised if it's still many years away.

Blizzard has been vocal about having multiple Diablo projects in the works, but we don't know whether or not Immortal is an indication of the future of the series. "In the end, Diablo Immortal is going to fulfil that, and we think that people are going to experience it, and we think they're going to love it".

Blizzard senior producer Pete Stilwell had participated in an interview with GameSpot in which he has revealed that the company now has no plans for Warcraft 4. Mobile can compete for a hardcore gamer's attention.

This was initially released on PC before it got ported to mobile.

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The partnership with NetEase, analysts added, "signals that Blizzard seeks success in western and eastern markets, with gameplay elements for core enthusiasts and the previously-uninitiated".

These shares prices (and gamers' criticisms) are at odds with analysts who seem to unanimously support Activision Blizzard and believe Diablo Immortal will be financially successful despite the initial backlash.

GameSpot went hands-on with Diablo Immortal at BlizzCon, and editor Alessandro Fillari was surprisingly impressed by the game in this early stage. Now, as it turns out, the announcement has actually financially hurt Activision Blizzard, and Diablo Immortal isn't even out yet. Blizzard is developing the title alongside free-to-play veteran and longtime partner NetEase, if that's any indication as to the business model it may use.

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