Friday, November 11, 2011

postheadericon Activision triples profits thanks to Call of Duty

11:04 AM | Posted by Free Game Zone | Edit Post

Game Maker

reports on revenue of $ 627 registration, saying that video games have become as important as film and television

video game maker Activision Blizzard has broken in the third quarter revenue projections by almost 20%, excluding sales of the recent call of Duty: Modern Warfare 3 for the last quarter of 2011, its implementation for maximum profit per share in the history of the company.

CEO Robert Kotick, Activision said the record result - which saw net income of over $ 627 Corporate (£ 390m) by over 18% in the direction of U.S. $ 530 000 000 - showed that the games have become as important as film and television.

gains to net income nearly tripled year on year in the third quarter of $ 51 million to U.S. $ 148 million.

  • Activision Blizzard, which is 64% owned by France's Vivendi Entertainment and telecommunications company, has raised its forecast for the year, net income of $ 4.05bn to 4.25bn, and Earnings per share increased from 77C to 85C.
  • The company said that Modern Warfare 3, which went on sale on Tuesday, received an unprecedented level of pre-orders, it is believed worth about $ 650 million.
Liberum analysts said the performance of Activision, Vivendi will almost certainly lead to improved its profit forecast when the company presents its third quarter results next week.

Liberum Activision said accounts for 15% of operating profit of Vivendi.



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