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Activision; Stems WoW Losses; Diablo III Slips

Activision's financial reporting shows lower than expected sales, though profits beat estimates. Here's the money mumbo-jumbo: "Activision's fourth-quarter sales for the three months ended December 30 fell 6 percent to $2.4 billion. Analysts were expecting sales of $2.2 billion, according to Thomson Reuters I/B/E/S. Adjusted for the deferral of revenue from digital content, Activision posted a profit of $725 million, or 62 cents per share, up from $655 million or 53 cents a year ago. This beat Wall Street estimates of 56 cents a share, according to Thomson-Reuters I/B/E/S." This notes that the company "only" lost about 100,000 World of Warcraft subscribers for the quarter, a considerable improvement over the previous reporting period when they lost closer to 800k subscribers from the MMORPG. There's also a note on IncGamers from the company's post-earnings conference call, where Mike Morhaime announced Diablo III is now due in Q2 of this year, saying: "We have implemented changes which will greatly improve the game experience and final release will live up to the highest expectations. We expect launch to be a big opportunity for Blizzard. More details will be announced in the coming weeks."

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25. Re: Activision; Stems WoW Losses; Diablo III Slips Feb 10, 2012, 12:44 Dev
 
Yakubs wrote on Feb 10, 2012, 09:11:
Prez wrote on Feb 10, 2012, 00:26:
I still, after all this time, can't believe Blizzard ever allowed themselves to become tangled up with dreadful Activision.

They aren't tangled up with Activision, really. Activision and Blizzard are "sister" companies with the same parent. It's not like Activision exerts control over Blizzard. They just share time at the conference call, basically.

Yeah... its a complete coincidence that they started to become more focused on money than customers at that time. That they started doing things like removing LAN play from starcraft 2. Making diablo 3 online only. Putting in real money auction house in D3. I'm not even touching on all the things they did in WoW to get more money.

Remember, this is the company that used to sell warcraft and starcraft that let you play multiple players on a lan with just 1 cd. They WANTED people to share the game with others back then.
 
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