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Activision Financials, Diablo III Beta This Quarter

Activision Blizzard announces their second quarter financial results, which are better than projected, which CEO Bobby Kotick attributes to "record digital sales of our online-enabled franchises." Word is:

In the quarter, the company delivered record GAAP net revenues of $1.1 billion, as compared with $967 million for the second quarter of 2010. On a non-GAAP basis, the company's net revenues were $699 million, as compared with $683 million for the second quarter of 2010. For the second quarter, the company delivered record GAAP net revenues from digital channels, representing a 27% increase year over year, and accounting for 37% of the company's total net revenues. On a non-GAAP basis, record net revenues from digital channels increased 13% year over year, accounting for more than 60% of the quarter's total net revenues.

For the second quarter of 2011, Activision Blizzard's GAAP earnings per diluted share were $0.29, as compared with $0.17 for the second quarter of 2010. On a non-GAAP basis, the company's earnings per diluted share were $0.10, as compared with $0.06 for the second quarter of 2010.

Blizzplanet has word from the post-earnings conference call, where the company stated beta testing of Diablo III will commence by the end of the third quarter, which ends in September. If this seems familiar, it is because they announced basically the same thing during the conference call following their Q1 financials.

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24. Re: Activision Financials, Diablo III Beta This Quarter Aug 4, 2011, 09:24 Jonny
 
Yakubs wrote on Aug 4, 2011, 08:58:
Losing 900k subs is a VERY VERY big deal when you're a public company and Bobby Kotick's latest bonus of stock options are still out of the money. Public companies are supposed to grow, not shrink. I guarantee there's pressure coming down from the Activision suits to the newly-suited Blizzard execs to fix this issue, and fast.

I wouldn't be surprised if the next WoW expansion swings the pendulum back towards super easy content and Flaming Sword of Flames +10,000,000.

Well, Cataclysm was basically a thrown together shell with some intially bloody hard dungeons and raids because various folk had listened to the minority of loud people on the forums screaming about Wrath's EZ mode.

When it launched with content you could level through in a couple of days and then be utterly stuck if you had to rely on pugs or social guilds, the collapse in subs started. Even repeated nerfs to the content hasn't helped, because there was literally nothing in it but level as quickly as possible and then try to get into T11 raids that were a lot harder than they were in Wrath.

I'm agreeing the next expansion will probably abandon the return to vanilla hard mode bullshit and will go back to Wrath's accessible content, whether e-peen wavers like it or not. Purely because for every hardcore raider who kicks up a stink on the forums about welfare epics there are probably 50 people with subs who never go near the forum, don't give a shit about hardcore raiding and just want to potter about enjoying themselves for an hour or two a night.
 
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  1. Aug 3, 20:59 Re: Activision Financials, Diablo III Beta This Quarter ASeven
  2. Aug 3, 21:47  Re: Activision Financials, Diablo III Beta This Quarter Kawlisse
  5. Aug 3, 22:30   Re: Activision Financials, Diablo III Beta This Quarter nin
  3. Aug 3, 21:49  Re: Activision Financials, Diablo III Beta This Quarter Kosumo
  4. Aug 3, 22:28   Re: Activision Financials, Diablo III Beta This Quarter Cutter
  9. Aug 4, 01:00    Re: Activision Financials, Diablo III Beta This Quarter kibbled
  10. Aug 4, 01:33     Re: Activision Financials, Diablo III Beta This Quarter Rattlehead
  12. Aug 4, 02:34    Re: Activision Financials, Diablo III Beta This Quarter Teddy
  13. Aug 4, 03:00     Re: Activision Financials, Diablo III Beta This Quarter InBlack
  14. Aug 4, 03:07     Re: Activision Financials, Diablo III Beta This Quarter Fion
  15. Aug 4, 04:06      Re: Activision Financials, Diablo III Beta This Quarter Kosumo
  16. Aug 4, 06:01       Re: Activision Financials, Diablo III Beta This Quarter ASeven
  17. Aug 4, 06:17     Re: Activision Financials, Diablo III Beta This Quarter The Half Elf
  18. Aug 4, 07:43      Re: Activision Financials, Diablo III Beta This Quarter ASeven
  19. Aug 4, 08:17       Re: Activision Financials, Diablo III Beta This Quarter Alamar
  20. Aug 4, 08:34      Re: Activision Financials, Diablo III Beta This Quarter Theo
  22. Aug 4, 09:09      Re: Activision Financials, Diablo III Beta This Quarter nin
  33. Aug 4, 11:37   Re: Activision Financials, Diablo III Beta This Quarter bhcompy
  6. Aug 3, 22:57 Re: Activision Financials, Diablo III Beta This Quarter Acleacius
  8. Aug 3, 23:27  Re: Activision Financials, Diablo III Beta This Quarter Rattlehead
  7. Aug 3, 22:58 Re: Activision Financials, Diablo III Beta This Quarter OldScho0l
  11. Aug 4, 02:00 Re: Activision Financials, Diablo III Beta This Quarter sorted
  21. Aug 4, 08:58 Re: Activision Financials, Diablo III Beta This Quarter Yakubs
>> 24. Aug 4, 09:24  Re: Activision Financials, Diablo III Beta This Quarter Jonny
  25. Aug 4, 09:39   Re: Activision Financials, Diablo III Beta This Quarter nin
  32. Aug 4, 11:16    Re: Activision Financials, Diablo III Beta This Quarter sauron
  23. Aug 4, 09:13 Re: Activision Financials, Diablo III Beta This Quarter MattyC
  26. Aug 4, 10:07 Re: Activision Financials, Diablo III Beta This Quarter Verno
  27. Aug 4, 10:18  Re: Activision Financials, Diablo III Beta This Quarter Jonny
  28. Aug 4, 10:28   Re: Activision Financials, Diablo III Beta This Quarter nin
  35. Aug 5, 06:14  Re: Activision Financials, Diablo III Beta This Quarter Theo
  29. Aug 4, 10:30 Re: Activision Financials, Diablo III Beta This Quarter RollinThundr
  30. Aug 4, 10:36  Re: Activision Financials, Diablo III Beta This Quarter yuastnav
  31. Aug 4, 10:52  Re: Activision Financials, Diablo III Beta This Quarter Wildone
  34. Aug 5, 00:05 Re: Activision Financials, Diablo III Beta This Quarter xXBatmanXx


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