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

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.

Share this article:

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on tumblr
Tumblr
Share on email
Email
Share on whatsapp
WhatsApp

Recent Posts

Final Checkpoint Podcast

Xbox Snags MLB The Show for Game Pass and RIP Mario w/ Special Guest LookItsMikeO | Final Checkpoint Podcast Ep. 83

This week Joel and Ben welcome special guest Mike O. from The Gaming Morning Show, and Twitch.tv/LookItsMikeO. They discuss Xbox snagging MLB The Show 21 day and date on Game …

Game Deals

Grab April 2021’s Games with Gold Before It’s Too Late

With spring finally here, we are in a new month for April 2021’s Games with Gold lineup. These titles are downloadable now on Xbox One and Xbox Series X|S for …

Game Deals

Last Week for March 2021’s PlayStation Plus Titles

We’re getting close to the end of March, but there is still some time to download this month’s free PlayStation Plus games. We have a great lineup. So let’s check …

Final Checkpoint Podcast

Disaster-cast 2021 and Game Pass Scores Again | Final Checkpoint Podcast Ep. 81

This week, Joel and Ben struggle with technical difficulties and a bad microphone to bring reactions to Xbox Game Pass’ latest day one grab, Outriders. EA Play also makes its …

Final Checkpoint Podcast

Microsoft Finally Seals the Bethesda Deal w/ Special Guest Trevor Paul! | Final Checkpoint Podcast Ep. 80

This week Joel and Ben are joined by TheGameFanatics.com and Smooth Burrito’s Trevor Paul, to discuss the latest news on the Xbox/Bethesda Deal, the upcoming Square Enix Conference, PlayStation 5 …

Final Checkpoint Podcast

Rumored 4K Nintendo Switch Details & Elden Ring Leaks! | Final Checkpoint Podcast Ep. 79

This week Joel and Ben discuss the specs for the rumored Nintendo Switch 4K console. They give their thoughts on why Nintendo would need to make the jump to 4k …