Nov 8, 2010

Activision Blizzard posts is the result of better than expected Q3: $ 51 million profit on the 745 million dollars of revenue

by Christopher Grant 4-5 November 2010: 15 PM through a "strong" from industry Staples like Activision Publishing's Call of Duty franchise and Blizzard Entertainment's multi-year MMO World of Warcraft and stellar launch Blizz long-anticipated sequel StarCraft II: Wings of liberty, Activision Blizzard exceeded its initial Outlook for third quarter, with net earnings of $ 745 million for the period ending 30 September 2010 of 600 million dollars. Compare this with the net proceeds 703 million for the same period last year. She also reported profit of $ 51 million for the quarter versus the $ 15 million for the same period last year.

"For the third quarter, we exceeded our net earnings and earnings per share Outlook and the strong year-over-year growth," Activision Blizzard CEO Bobby Kotick explained."Activision Publishing will introduce what appears to be the biggest entertainment launch year with Call of Duty: black ops follow Blizzard Entertainment's World of Warcraft: cataclysm, which we believe will deliver an incredible array of new content in world's largest massively multiplayer online role-playing game community."This is another way to say "If you think these figures Q3 are great, wait until you see the next quarter!


And sealing the Q4 from Activision Blizzard in the financial year (calendar), Kotick said that things are looking better than ever for OL' Actiblizzard. "As a result of our over performance, we are raising our calendar 2010 net revenue and earnings outlook.We intend to deliver the most profitable year in our history to record operating margins. "Specific publishing giant enhance prospects for net proceeds of $ 4. $ 18 billion to shareholders wanted 4.28 billion.Gamers will just enjoy black OPS and cataclysm and gamers, who are also shareholders may use some of that money to pay for games, you've just purchased your investment!




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