Edge Online has an interesting look at Activision Blizzard's earnings for fiscal 2009 from analyst Arvind Bhatia of Stern Agee, saying he expects World of Warcraft subscriptions represent about half of Activision Blizzard's earnings for the year, estimating the MMOG was responsible for 30 cents of the 60 cents per share he expects them to report. The article focuses on his lowered financial outlook for the company, as he previously anticipated 65 cents of earnings per share, but he is concerned about the publisher's financial guidance.