Activision Blizzard posts latest financial results

Activision Blizzard has revealed its latest financial numbers and the company claims that they were better than expects. The game publisher revealed that for the quarter that ended on March 31, net revenues were $1.17 billion, compared with $1.45 billion for the same period a year ago. Net income came in at $587 million for the quarter, compared with $755 million for the same period a year ago.

While Activision Blizzard didn't offer a sales update on Call of Duty: Modern Warfare 3, it did announced that 10 million users had signed up for the company's Call of Duty Elite service. Two million of those users paid the $49.99 a year fee for the extra content and features. The entire Call of Duty franchise now has 40 million monthly active users, according to the company.

As far as Diablo III, the publisher said that the game had "set a new record for Blizzard" but didn't go into details. The game is due for release on May 15th. As far as its long running MMO World of Warcraft, the company said it had 10.2 million subscribers. the exact same amount it had three months ago. This is despite the launch of BioWare and EA's game Star Wars: The Old Republic in December 2011.

Activision has a number of major game releases planned in the near future, including Call of Duty: Black Ops 2, the next World of Warcraft expansion pack, and the super secret game from Halo creators Bungie.

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2 Comments

P1R4T3 said,
I find it hard to believe that the number of WoW subscribers is exactly the same as 3 months ago...

Well, with people quitting SWTOR to go back to WoW, and Blizzard doing their best to patch up the bleeding with the Scroll of Ressurection, it's not too shocking. They've also recently bumped the Refer a Friend campaign to level 80 now.

How long Blizzard can keep bringing people back with these little bells and whistles though is uncertain.

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