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Activision/Blizzard Reveals Profits, Unannounced MMOG

Activision Blizzard announces Fourth Quarter and Calendar Year 2012 Results, showing a better-than-expected outcome, showing record GAAP net revenues of $4.86 billion and record GAAP earnings per diluted share of $1.01 for the year. "We are very pleased to report that Activision Blizzard delivered the best performance in its history," says Bobby Kotick, Chief Executive Officer, Activision Blizzard. "With better-than-expected net revenues, record operating margins and record earnings, and over $1.3 billion in operating cash flow, we continue to set the industry success bar. I would like to thank our incredibly talented employees around the world for their passion, drive and creativity, which continues to fuel our success." Strategy Informer reports that during the company's post-earnings conference call, two projects they are currently developing were mentioned: Blizzard All-Stars, the upcoming MOBA, and an unannounced MMOG, which should be officially unveiled at some point this year. It's not clear if this MMOG is the confirmed (but unannounced) Titan or one of the "lots of projects" that they aren't talking about.

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10. Re: Activision/Blizzard Reveals Profits, Unannounced MMOG Feb 8, 2013, 08:23 Cutter
 
Fibrocyte wrote on Feb 8, 2013, 05:49:
Cutter wrote on Feb 8, 2013, 03:29:
Record operating margins? We're slave driving like never before!

"I would like to thank our incredibly talented employees around the world for their passion, drive and creativity, which continues to fuel our success."

They have his thanks but not his money.

You know both of these things for a fact or you're just spewing jealous venom?

Why would I be jealous of working for someone like Kodick? Are you fucking high?

You know how you increase operating margins? You lower costs. You know where most of your costs are? Employees. And how do you do that? Worker them harder and pay them less. Recessions are a dream economy for guys like Kodick knowing they have their employees by the balls.

Why do you think they fired IW? They knew they could get other people to do it for a 1/4 of what they were paying them.

Am I jealous of that? Dude, take a fucking reality pill. Unless you mean am I jealous of Kodick and making monster bank like he does? No, I'm not. I could have easily been a broker or a banker - it runs in the family - but I have a conscience and I don't like fucking other people over so I can profit solely for myself. So really, either way, no not jealous in the least. What I feel for the rank and file at Actiblizz is pity.

 
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