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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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