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Activision-Blizzard Announces Better-Than-Expected Second Quarter 2012 Financial Results

Activision-Blizzard Announces Better-Than-Expected Second Quarter 2012 Financial Results

by Matthew Gonzales-LandryAugust 7, 2012

While Activision-Blizzard has had some alarming news as of late when it was discovered that many users of WoW were jumping offline at an amazingly alarming rate. Whether this occurred because of disinterest or otherwise hasn’t been completely determined, but some say Blizzard’s push for more mainstream players are to blame. And when Blizzard’s bread and butter is in trouble, you’d think the company as a whole must be in a roughed up state financially but that’s not so– according to their quarter two financial results.

Activision-Blizzaed’s second quarter of 2012 has proved to still be positive. Their GAAP net revenues were $1.08 billion, compared with $1.15 billion for the second quarter in 2011. Their non-GAAP net revenues were $1.05 billion, jumping from $699 million of second quarter last year. GAAP net revenues from digital channels were$343 million, representing 32% of the company’s total revenues. On a non-GAAP basis, net revenues from all digital channels were $497 million, which is a record.

Bobby Kotick, Chief Executive Officer of Activision-Blizzard explained that for the first six months, they had the top three best-selling games in North America and Europe: Skylanders Spyro’s Adventure, Call of Duty: Modern Warfare 3, and Diablo lll.

Mr. Kotick continued to lay down future developments that he expects will continue this successful trend including Skylanders Giants, Call of Duty: Black Ops ll, and WoW: Mists of Pandaria.

Only time will tell if consumers will continue to be interested in the content Activision-Blizzard is selling, but until then, rest easy that they’re actually doing pretty well right now.

About The Author
Matthew Gonzales-Landry
  • potential

    Always wondered if this game was any good…

  • DuckieM10

    I cannot access the Flight Log Data Base, but each building Cathonian millatery base does not contain it. I do not se how this works, but please give me an answer if you can
    i just couldn’t find what structure to find it in.

  • borabora5524

    Just wondered if anyone knows the reason that steam are releasing the came “Call of duty modern warfare 2” 2 days later than everybody else?

  • turg143

    Im going mad playing this game. I have the best connection out of anyone I know. On psn or otherwise.. Yet somehow Im getting owned by laggers. I don’t see how Im doing so bad with such a great connection… and im not new to it i have over a 2.0 kd

  • apleaforbrandon

    I need to know so I canm tell opff my cousins that Justinge3 is completely real and that his parents probably work for activision.

  • wwwavid360gamercom

    And what portion comes from its other constituent parts?

  • sam N

    Has it been leaked yet as to what the “insubordination” and “breach of contract” entailed?

  • PoohBearPenguin

    because i hear that games like cod6 and guitarhero 5 that are huge are going to make a huge profit probably. There previous games are famous so im guessing that it might be a good choice b4 those 3months arrive. I’m 15 by the way. so is it a good idea to invest my money in activision or not, please tell me why or why not.

  • TommyKay

    What is the relationship between Infinity Ward, Treyarch and Activision? I was just curious because I know that all 3 are related to the COD series and I was wondering who has the final say in what goes into the COD games?
    I thought that Activision was involved in every COD game. It appears that Infinity Ward and Treyarch switch every time, but Activision is in the loading screen every time. So what is the relationship between the 3 companies?