The latest release in the Call of Duty franchise has banked more than $1 billion in sales in the first 24 hours of its release according to Activision. The title was released for the PlayStation 3, Xbox 360, Wii U and the PC at midnight Tuesday morning in 15,000 stores across the globe and will be a launch title for both the Xbox One and the PlayStation 4.

So does that mean Call of Duty: Ghosts has overtaken the title of fastest to reach $1 billion in sales from Grand Theft Auto V? Well, no... not yet anyway. If you recall, GTA V managed to generate $800 million in sales in the first day but with Ghosts, the $1 billion figure is referring to copies that Activision sold to stores, not the actual number of games sold to customers.

It's entirely possible that Ghosts hasn't outsold GTA V but we likely won't have a solid answer for another few days as Activision Blizzard CEO Bobby Kotick said it's too early to assess sell-through (games sold to customers). He did note, however, that it's launching at a time when the franchise has never been more popular.

Given the two new consoles on the horizon, there's little doubt that it'll be another blockbuster in terms of overall sales. And with six platforms versus just two for GTA V, Ghosts stands a good chance of bringing in more dough over the long haul.