Zynga Inc (NASDAQ:ZNGA) announced launching its new battle game, Dawn of Titans, across the world. The new generation Action Strategy game is developed by NaturalMotion, company’s in-house UK based studio. The game is now available through download on Androiod and iOS devices. It can be downloaded through Google Play & App Store on iPad and iPhones.
Relying on video game’s protagonist for reviving losses
Arvan is more or less like the lead of Dawn of Titans, and is a giant creature like Thor. So, is Zynga relying on him for recovering its losses? Probably, because ferocious characters in a video game are known to turn around the tables for the game developers! The company has been suffering losses in the recent past and Arvan seems to be the only bet right now.
Zynga, at this point of time, targets at creating its titles that can compete with the games developed for Xbox and Playstation.
Analysts believe the same. If the Zynga title proves to be a hit among the crowd, its stock is most likely to soar higher. With the increased number of titles, a singular game starts gaining attention.
Title is free with paid benefits
The company says that the title has been made free as of now. Going forward, if a user wants to create a better castle in the game or wishes to purchase new titans, he/she will have to shell out anywhere from 15 cents to $10 amount. Though the amount seems lesser, but it is expected that the smaller amounts will most likely pay higher to the company.
Zynga, at this point of time in its business, is looking for a hit. Who knows? Probably, this could be the one. Nevertheless, the company right now, has no alternative, but to rely on its new title for reinstating its hope for better revenue and business. The game is seen as a better bet because it caters to a new league of customers, subsiding slot machine and poker players.
This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Financials Trend is not-a-registered-investment-advisor. Financials Trend is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. Financials Trend accepts no liability for any losses arising from an investor's reliance on the use of this material. Financials Trend sometimes gets compensated up to one hundred and fifty thousand dollars per month for featuring particular stocks. See site disclaimer for complete compensation. Financials Trend and its affiliates or officers currently hold no shares of these stocks. Financials Trend and its affiliates or officers will purchase and sell shares of common stock of these stocks, in the open market at any time without notice. Financials Trend will not update its purchases and sales of these stocks in any future postings on Financials Trend's websites. Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words "may", "would," "will," "expect," "estimate," "anticipate," "believe," "intend," " project," and similar expressions and variations thereof are intended to identify for ward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. *Financials Trend does not set price targets on securities. Never invest into a stock discussed on this web site or in this email alert unless you can afford to lose your entire investment.