Activision Blizzard financial report shows growth
Call of Duty and DLC selling well, new title expected this year; Diablo 3 planned for Q2 2012 release
Activision Blizzard has announced its financial results for the fourth quarter and calendar year 2011.
For calendar year 2011, Activision Blizzard's net revenues were $4.76 billion, as compared with $4.45 billion for 2010.
Bobby Kotick, Chief Executive Officer, Activision Blizzard, said, "With better than expected net revenues, record earnings, record operating margins, and having generated nearly $1 billion in operating cash flow, Activision Blizzard continues to set the industry success bar."
Kotick added, "The company plans to have multiple highly-anticipated titles to release in 2012, including Diablo III, and a new Call of Duty game."
For calendar year 2011, Activision Blizzard's net revenues were $4.76 billion, as compared with $4.45 billion for 2010.
Bobby Kotick, Chief Executive Officer, Activision Blizzard, said, "With better than expected net revenues, record earnings, record operating margins, and having generated nearly $1 billion in operating cash flow, Activision Blizzard continues to set the industry success bar."
Kotick added, "The company plans to have multiple highly-anticipated titles to release in 2012, including Diablo III, and a new Call of Duty game."
For the calendar year, in aggregate across all platforms in the U.S. and Europe, Modern Warfare 3 was the #1 best-selling title in dollars, and Call of Duty: Black Ops was the #5 best-selling title in dollars.
As of January 31 2012, more than seven million gamers have registered for Call of Duty Elite, including more than 1.5 million premium annual memberships the company has sold for the online service.
For the calendar year 2012, Blizzard Entertainment branch of the company expects to ship Diablo III (Q2), Starcraft II: Heart of the Swarm (Q3/Q4), and WoW: Mists of Pandaria (Q4).
As of January 31 2012, more than seven million gamers have registered for Call of Duty Elite, including more than 1.5 million premium annual memberships the company has sold for the online service.
For the calendar year 2012, Blizzard Entertainment branch of the company expects to ship Diablo III (Q2), Starcraft II: Heart of the Swarm (Q3/Q4), and WoW: Mists of Pandaria (Q4).
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