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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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32. Re: Activision Financials, Diablo III Beta This Quarter Aug 4, 2011, 11:16 sauron
 
nin wrote on Aug 4, 2011, 09:39:
Cataclysm was too much stick, and not enough carrot. So I'm not at all surprised people left.

Third of fourth expansions for an MMO are always difficult and seem to be the ones where the most mistakes get made.

Final Fantasy XI was the same - the first three expansions (Rise of the Zilart, Chains of Promathia, Treasures of Aht Urgan) were excellent. Chains of Promathia in particular was an absolutely huge and epic story. In contrast, the fourth expansion was thrown together while Square Enix were ramping up development on FFXIII and FFXIV. It didn't have the same level of resources or effort devoted to it, content was recycled and the story was underdeveloped, and so everybody left.
 
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Kittens!
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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
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  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
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  8. Aug 3, 23:27  Re: Activision Financials, Diablo III Beta This Quarter Rattlehead
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  11. Aug 4, 02:00 Re: Activision Financials, Diablo III Beta This Quarter sorted
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  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
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  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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