Activision cool to mobile, social games

NEW YORK (Reuters) - "Activision Blizzard Inc sees little financial opportunity in the young but growing markets for mobile and social games, and expects growth to come from expanding the reach of its existing video game portfolio.

Activision Chief Executive Bobby Kotick said that as the customer base of the $50 billion video game industry continues to grow, the company's blockbuster franchises like "Call of Duty" and "World of Warcraft" still have the ability to reach new gamers."

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