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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Technology > Article Home Business & Finance News U.S. Politics International Technology Internet Entertainment Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters "Call of Duty" game sells $550 million in five days Wed Nov 18, 2009 10:44am EST Email | Print | Share | Reprints | Single Page [-] Text [+] NEW YORK (Reuters) - Activision Blizzard Inc said its video game "Call of Duty: Modern Warfare 2" scored record sales of $550 million in its first five days, but the company is still concerned about weak consumer spending. The game, a "first-person-shooter" that lets gamers portray elite soldiers hunting down targets in locations ranging from South America to Afghanistan, beat last year's blockbuster "Grand Theft Auto IV" from Take-Two Interactive Software Inc which sold more than $500 million in its first week. Activision did not say how many units were sold in the period. Last week it said it sold 4.7 million copies for sales of $310 million on its first day in the U.S. and United Kingdom alone. Analysts' sales estimates for the $60 game range from 11 million to 13 million units by the end of 2009. There is plenty at stake for Activision since "Call of Duty" is likely to account for a sizable chunk of the company's profits in the fourth quarter, analysts say. Shares of the company, which have risen around 35 percent and outperformed chief rival Electronic Arts Inc's 11 percent gain, rose 5 cents in early trade on Wednesday to $11.74. Still, chief executive Bobby Kotick was mindful of the weak economy, which has stung the video game industry this year as consumers think twice about buying game machines and software. "Despite the success of 'Call of Duty: Modern Warfare 2', Activision Blizzard remains cautious about the U.S. and global economy as well as other variables that can affect industry fundamentals and our own performance, including consumer spending which remains a significant concern," he said in a statement. Price cuts from home console makers Nintendo Co, Microsoft Corp and Sony Corp had been expected to help boost software sales since September, but have so far proven to have little affect on game sales. Sales of video game equipment and software in the United States tumbled 19 percent in October to $1.07 billion, according to research group NPD. [ID:nN12407998] (Reporting by Franklin Paul; Editing by Derek Caney) © Thomson Reuters 2009 All rights reserved Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: China orders Microsoft to halt some Windows sales also on reuters Full Coverage: Route to Recovery Video Video: Lost in translation? Not with these glasses Full Coverage: Reuters Finance Summit More Technology News China orders Microsoft to halt some Windows sales RIM security chief sees smartphone attacks on horizon R u wearing sunscreen? Text reminders can double usage EU ombudsman rebukes EU over errors in Intel case Virtual pioneers: Macedonia schools to get wired More Technology News... More News CORRECTED - CORRECTED-BRIEF-Activision estimates Modern Warfare 2 sales 9:11am EST October U.S. video game sales down 19 percent: NPD Thursday, 12 Nov 2009 07:51pm EST Activision says "Call of Duty" sets launch record Thursday, 12 Nov 2009 10:07am EST Activision shares rise after game launch Thursday, 12 Nov 2009 08:46am EST Eager fans greet "Call of Duty" video game launch Tuesday, 10 Nov 2009 05:49pm EST Editor's Choice Slideshow A selection of our best photos from the past 24 hours. Slideshow Most Popular on Reuters Articles Video Obama: Too much debt could fuel double-dip recession New Zealand tops Denmark as world's least corrupt nation "New Moon" star Kristen Stewart says "be extreme" California budget shortfall to top $21 billion What's in a name? 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