Cowen & Company analyst Doug Creutz sent a note to investors stating that Activision’s newest Call of Duty game has failed to meet expectations, and continues to show a sharp decline over previous Call of Duty games. Activision CEO already stated that sales for Ghosts are expected to be down over Black Ops II due to the uncertainty of next-gen buyers, but the decline is still continuing – even after next-gen launch.

“We don’t think it is out of the question that the title could wind up comparing down 20 percent to 25 percent year-over-year [to Black Ops II], which is appreciably worse than the down 10 to 15 percent that we think is baked into guidance,” Creutz said.

Call of Duty: Ghosts sales are down 19% compared to last year’s Black Ops II. Compared to Modern Warfare 3, Ghosts is down 36% in sales wise for the month of November.

Even with this being said, Ghosts was still the best selling title for the month of November.

SOURCE: GamesIndustry Biz