Activision Boosts Projections, New CoD Confirmed For 2012
Psst...hey...c'mere... Okay, don't tell anyone, but...it seems Activision plans to release another Call of Duty in 2012. Totally not joking, dude.
During the publisher's quarterly report, Activision first confirmed that Call of Duty: Modern Warfare 3 had the largest day-one shipment numbers in gaming history.
They went on to confirm more promising titles for next year: Diablo III, Starcraft II: Heart of the Swarm, a new expansion for World of Warcraft called Mists of Pandaria, and a "new Call of Duty game." In addition, the recently released Skylanders: Spyro's Adventures has outperformed expectations and overall, in the three months ending September 30, Activision enjoyed quarterly revenues of $754 million, up 16% in the year-over-year comparison.
The bottom line was better, too, as the publisher had a net profit of $148 million, way up from $51 million in the same quarter of 2010. However, it's interesting to note that Activision's traditional retail business shrank ($250 million down from $320 million), while the digital business rose from $363 million to $427 million. So subscriptions, downloadable content, digitally distributed titles, and mobile titles are obviously on the rise.
Overall, Activision's full-year prediction has gone up; they now expect better-than-expected earnings: the publisher anticipates $4.33 billion up from the previously expected $4.18 billion. Yes, billion.
Say thank you, MW3.
11/8/2011 8:33:53 PM John Shepard