Activision Boosts Projections, New CoD Confirmed For 2012

Call of Duty: Modern Warfare 3

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.

Tags: activision, call of duty, activision financial, call of duty sequel

11/8/2011 8:33:53 PM John Shepard

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