Activision Shares Increase Thanks To Strong Holiday Sales

Popular video game manufacturers Activision Blizzard Incorporated have raised their full year forecast for 2014, because their sales have exceeded the expectations that they had going into the year. Their second quarter More ยป

 

2015 Indian Scout Makes Its Debut At Sturgis

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In what has become somewhat of a tradition for them, the Indian Motorcycle Company stole the headlines again this year at Sturgis, when they unveiled their 2015 Indian Scout with the help of Mike Wolfe from American Pickers, and actor Mark Wahlberg. The company is trying to get back in the motorcycle business for years to come, after being out of the picture since the 1950′s.

As reported by MotRev (learn more), the brand was purchased in 2011 by Polaris, which is known as one of the biggest ATV manufacturing companies in the world. Since the acquisition, they have been working on the Scout model, which they are planning to mass produce for the first time in over 60 years. Last year at Sturgis, they introduced the Indian Chief cruiser, and this year, they are bringing back one of the old favorites, with the Scout.

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The Scout weighs 558 pounds, which makes it the lightest middleweight cruiser on the market, this is mostly due to the rigid cast aluminum frame it has. The bike also has a 25.3 seat height, which allows shorter riders to ride comfortably, along with a lean angle of 31 degrees, which makes it a very stylish and sporty bike.

The Scout is priced to be sold at $11,000, which makes it very affordable, especially when it comes to Indian motorcycles, but don’t let the price fool you, it is still a very high quality motorcycle. It has a 69 cubic inch liquid cooled V-Twin engine, with 100 horsepower, as well as 72.2 lb-ft torque at 5900 RPM. The power is delivered through a throttle that is mated to a six speed transmission.

Those who attended Sturgis during the unveiling got to see Charlie Ransom from the American Motor Drome Company, ride the 2015 Indian Scout for his daredevil trick that he does on the wooden plank of the Wall of Death. He normally uses the lighter Indian Scout 101 to do his trick, but demonstrated that the new scout can do the same moves, although it shook the walls more than his regular scout does.

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The people that were in attendance at the Scout unveiling at Sturgis, were invited to test drive the Scout at the 2015 Indian Motorcycle Demo Experience at exit 30 on I-90 in Sturgis, South Dakota.

For those that couldn’t make the unveiling, the good news is that Polaris has announced that the Indian Scouts are available to order right now, with the first deliveries expected towards the end of the year, giving you plenty of time to order a stylish pair of motorcycle boots.

Malaysian Paintball Tournament Cancelled

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Paintball fans in Malaysia are disappointed that the Malaysian National Paintball League (MY-NPL) tournament that was scheduled for April 5-6, has been cancelled (Source: http://pbguy.com/). The cancellation comes amid reports that the sport was coming under fire in the region, with sanctions being placed on paintball markers, making them harder to come by, and more expensive.

The MY-NPL tournament series is one of the largest held in Malaysia, and the cancelled tournament was supposed to be the second event of the year, to be held at the Dataran Pahlawan Melaka, in Malacca. Over 450 people were supposed to participate in the tournament, with some of them travelling to Malacca from different countries like Singapore, Indonesia, Australia, and Japan.

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On the day of the event, the Royal Malaysian Police put a stop to the tournament before it could begin, without any prior notice or explanation, leaving everyone confused.

Mr. Muhammad Muhsin bin Mohammed, the Secretary of the Malaysian Paintball Federation, released a statement to try and explain what took place in the morning. In his statement, he said the tournament was interrupted because the police were conducting a raid for unlicensed imitation firearms. Even though the tournament had been licensed, the police still proceeded with the raid, after the raid, they allowed the tournament to proceed only with licensed markers, leading to the cancellation of the event.

With the support of the Malaysian Ministry of Youth and Sports, the Sports Commissioner of Malaysia, and the Malaysian Ministry of Home Affairs, the Malaysian Paintball Federation has been in contact with the Royal Malaysian Police Department, and they believe that this cancellation will help them resolve the ongoing dialogue to formally declare paintball as imitation arms, and figure out how to go about its licensing, destruction, and transfer procedures, to the satisfaction of all parties involved.

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Mr. Mohammed concluded his statement by urging tournament participants to remain calm while the parties continue their negotiations, and to also refrain from criticism on social media. The problem with paintball in Malaysia began after the 2013 Paintball World Cup Asia, which increased the popularity of the sport, but also started the licensing issues that the sport faces in Malaysia today.

After months of negotiations between the Sports Commission and Royal Police, they have made a decision to allow the Malaysian Paintball Federation to handle the problem as they see fit, and the official elections and voting will take place on March 22nd.

Activision Shares Increase Thanks To Strong Holiday Sales

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Popular video game manufacturers Activision Blizzard Incorporated have raised their full year forecast for 2014, because their sales have exceeded the expectations that they had going into the year. Their second quarter results have been better than they had expected, and they are also counting on the sales from the release of upcoming games like “Destiny,” and “Call of Duty: Advanced Warfare. The news increased the value of the company’s shares, making it rise by 3 percent in after hours trading, after it closed at $22.36 on Tuesday.

The company said the high digital sales of its “Call of Duty” and “World of Warcraft” franchises drove their non GAAP revenue to $658 million in the second quarter, which was higher than the $608 million they made last year. The company’s Chief Executive, Bobby Kotick said the digital revenue was 73 percent of the total they made for the quarter, which is a record for the company, which makes them enthusiastic about the products they will release in the back half of the year. He is expecting the new “Call of Duty: Advanced Warfare,” to be the most successful game of 2014.

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With their sales exceeding expectations, Activision has raised its 2014 non GAAP revenue forecast to $4.7 billion, with earnings of $1.29 per share, which is higher that their earlier forecast of $4.67 billion, and earnings of $1.27 per share.

In addition to the company’s expectation of robust sales of the new “Call of Duty” game, Activision is also expecting huge sales numbers from their latest science fiction shooter game, “Destiny,” a game that the company invested $500 million into. The company released a beta version of the game, and video gamers have been responding well to it, and it already has strong pre-order numbers, so they are expecting it to do very well once it is released.

Activision is also expecting strong sales from their billion dollar “Skylanders” franchise for children; they intend to release the newest edition of the game called “Skylanders Trap Team” later in the year, which will also help them to increase their revenue in the back half of the year.

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With the release of these three new games, Activision might surpass their expectations for the rest of the year, because the “Call of Duty” franchise has been their best selling game franchise to date, and will likely surpass the huge sales they made from the previous edition they released “Call of Duty: Ghosts,” which came out in November 2013, and coincided with the release of the next generation consoles, the Playstation 4 and Xbox One, which affected the sales numbers. There is a lot of buzz surrounding “Advanced Warfare,” and it is expected to break the franchise sales record, which will make a lot of people at Activision happy.