Tag Archives: activision q1 2009 financials
Tue, Aug 05, 2008 | 10:36 BST
Blizzard boss Mike Morhaime has said that the firm intends to launch WoW upgrade Wrath of the Lich King in China as soon as possible, but the process is being held up by red tape.
“Our desire is to release in China as close as possible to the release elsewhere in the world,” said the developer boss. “We do have to work with getting certain government approvals to be able to do that and so we are working with the government to get those necessary approvals and hope to launch as soon as possible.”
Morhaime, speaking in Activision’s first quarter earnings call, added that the market-leading MMO is growing thanks to launches in different language markets, wit Russia soon to come online.
“We have seen stronger growth around our marketing campaigns, holiday season, and the release of new content and so I would expect that trend to continue,” he said.
“We also see growth around our releases in new markets, like I mentioned most recently we launched in Latin America just this past month, and our next market will be in Russia and we are continuing to look at additional markets as they come online, as broadband penetration and economies of some up-and-coming markets make them viable.”
Blizzard announced last week that WoW will launch in Russia this month.
Tue, Aug 05, 2008 | 07:55 BST
Blizzard boss Mike Morhaime has assured that while Diablo III doesn’t have a release date as yet, the hugely anticipated action RPG is now a heavy focus for the development superstar.
“We do not currently have a release date for either StarCraft II or Diablo III, but we can say that they are heavily in development on both games and we are committed to making sure these games meet and exceed the high expectations of our players,” he said.
Morhaime added: “The original Diablo has been widely credited with helping to revitalize the role-playing game genre. Combined, previous games in the series have sold over 18.5 million copies worldwide. As with StarCraft II, Diablo III will benefit greatly from our revamped online game service, Battle Net, since the focus will be on cooperative online play.”
Morhaime was speaking in Activision Blizzard’s first quarter earnings call last week.
Tue, Aug 05, 2008 | 07:54 BST
Speaking in Activision Blizzard’s Q1 earnings call last week, Blizzard head Mike Morhaime said that the company’s refusing to talk about its unannounced MMO for fear of bolstering the competition.
“Blizzard has begun staffing on another unannounced massively multiplayer online project but for competitive reasons, we are not able to share any additional information on that project at this time,” said the exec.
The game is strongly rumoured to be a StarCraft MMO, a project likely to give Blizzard a leading position in both the fantasy and science fiction MMO spaces.
Mon, Aug 04, 2008 | 07:46 BST
Seeking Alpha’s posted the entire Activision Blizzard earnings call transcript from last week, which covers a leap in sales for the quarter to $654 million, the winding down of Sierra and more.
It’s a mere 10 pages long, so get yourself a coffee.
Fri, Aug 01, 2008 | 23:35 BST
According to this Shacknews story, Acitvision is expecting to take around $50 million on DLC sales this year, mainly from Guitar Hero and Call of Duty.
“As you know, [DLC revenue has] been steadily growing, although in the grand scheme it’s relatively small,” said Activision boss Mike Griffith.
We’re not entirely sure where this has come from, although we’re assuming it has something to do with the firm’s Q1 financials, released overnight.
Fri, Aug 01, 2008 | 20:31 BST
The company that managed to dethrone Electronic Arts before merging with Vivendi has gone out with a bang in its last un-merged quarter.
“Activision’s June quarter stand-alone results were the highest ever for a non-holiday quarter, driven by two new Guitar Hero titles – Guitar Hero: Aerosmith and Guitar Hero: On Tour, Kung Fu Panda and continued sales of our catalogue titles,” said Robert Kotick, Activision CEO.
As befitting of an industry juggernaut, Activision’s total sales were up 32% to $654 million, with profits at $59 million – more than double that of the previous year’s same time period.
Now try adding World of Warcraft subscriptions to that number, and then pick your jaw up off the floor.
Fri, Aug 01, 2008 | 07:28 BST
According to this GoNintendo piece, Acitvision said in its Q1 earnings call last night that Spyro and Crash are “ripe for innovation.”
The comments come in the wake of an announcement earlier this week that Crash and Spyro would be two of the few Vivendi franchises to make the transition to the newly formed Activision Blizzard.
That’s it. The call itself looks rubbish. There really isn’t a lot to say about it at all. Announces stuff, Activision. It’s more fun that way.
Fri, Aug 01, 2008 | 16:09 BST
According to this Shacknews report, Activision CEO Mike Griffith said in the company’s Q1 earnings call last night that he expects PS3 to outsell 360 this year.
The exec’s estimates:
- PlayStation 3: 8 million units
- Xbox 360: 6-7 million units
- Wii: 15 million units
- PlayStation 2: 4-5 million units
More through the link.
Tue, Jul 15, 2008 | 07:24 BST
According to this Gamespot piece, Activision has announced a performance in its first fiscal quarter, anticipated revenues of $650 million. That tally is $150 million higher than its projected first-quarter performance of $500 million, announced in May.
The fiscal performance translates to between $0.21 and $0.23 earnings per share, up from the $0.13 initially projected.
“Activision’s first quarter stand-alone net revenues and earnings were the highest ever for a non-holiday quarter,” said Activision Blizzard president and CEO Robert Kotick. “Our significant overperformance in Q1 would have further added to our previously given stand-alone fiscal 2009 net revenues and earnings outlook, making it by far the largest and most profitable year in Activision’s history.”
More through the link.