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Activision Profits Double

The has Activision Blizzard's quarterly financial reporting, which show a 33% increase in revenue and an even more impressive 100% increase in profits. Word is: "The Santa Monica game publisher posted a profit of $381 million, or 30 cents a share, on sales of $1.3 billion in the quarter ended March 31. That compares with $189 million in net income, or 14 cents a share, on $981 million in revenue a year earlier." They include an analyst quote: "Activision's game franchises are pretty healthy in spite of what's happening with Infinity Ward," said Colin Sebastian, an analyst with Lazard Capital Markets. "The impression was that things were falling off track, but for now Call of Duty remains strong."

16. Re: Activision Profits Double May 7, 2010, 09:54 Mr. Tact
I'm not saying Activision will ruin Blizzard, but it's within the realm of possibility. I've seen it happen personally on a smaller corporate scale. The best products dumped for something else which has caught the eye of a corporate executive. Even when the product being dumped had a profit margin far exceeding every other product in the company.

With all the corporate ignorance and idiocy I have personally witnessed along with the instances I have heard about second-hand (not through the media) I am continually shocked that ANY corporation with more than about 250 employees ever makes money.

Clearly I blew it becoming a techie. Should have gone to business school.
Truth is brutal. Prepare for pain.
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  1. May 6, 19:09 Re: Activision Profits Double Ventura
  12. May 6, 20:57  Stardock Darth Guybrush
  13. May 6, 21:05   Re: Stardock Overon
  14. May 6, 21:52    Treyarch are going from strength to strength Darth Guybrush
  17. May 7, 22:39  Re: Activision Profits Double ShakaUVM
  2. May 6, 19:18 Re: Activision Profits Double Creston
  3. May 6, 19:27 No subject Comet
  4. May 6, 19:29 Re: Activision Profits Double Retired
  11. May 6, 20:56  Re: Ships Ahoy - Dawn of War II - Chaos Rising Darth Guybrush
  5. May 6, 19:34 Re: Activision Profits Double webname
  6. May 6, 19:39  Re: Activision Profits Double Rhett
  7. May 6, 19:46 Re: Activision Profits Double MattyC
  9. May 6, 19:48  Re: Activision Profits Double Cutter
  10. May 6, 20:54   Re: Ships Ahoy - Dawn of War II - Chaos Rising Darth Guybrush
  8. May 6, 19:48 Re: Activision Profits Double Surf
  15. May 7, 07:52 Re: Activision Profits Double Dev
>> 16. May 7, 09:54 Re: Activision Profits Double Mr. Tact


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