Sales Of Activision Blizzard’s (ATVI) MW2 Strong

The sales of Activision Blizzard’s (NASDAQ: ATVI) MW2 have been strong according to a report by ThinkEquity LLC.

MW2 was one of the top selling titles of the holiday season according to the report. Analysts estimate sales of 14-15 million units in Q4 which is higher than their previous estimate of 11 million units. Analysts however believe that the strong performance of MW2 will be offset by weak performance of the music category.

Overall, analysts remain positive on Activision as they view a solid 2010 pipeline and a likely rebound in growth in the video games sector that could help expand multiples for gaming shares. Analysts at ThinkEquity have a Buy rating for the Activision Blizzard stock.