Activision-Blizzard’s Profits Double, Clock in at $1.1 Billion - Home Theater Forum and Systems - HomeTheaterShack.com

 
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post #1 of 2 Old 02-13-12, 07:09 PM Thread Starter
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Activision-Blizzard’s Profits Double, Clock in at $1.1 Billion

Activision-Blizzard’s Profits Double, Clock in at $1.1 Billion



There’s absolutely no doubt who the big kid on the block is, as the mega-publisher Activision-Blizzard flexes its muscles with $1.1 billion in annual profits. This makes for net profits that more than double what they did last year.

When looking at 2011, the company raked in $4.76 billion, which boasts an annual increase when compared to the prior year’s $4.45 billion in revenue. What is even more shocking is net profits, which more than doubled from $418 million in 2010 to over $1.08 billion in 2011.

Activision-Blizzard also did incredibly well in the digital space with $1.6 billion in sales, making up approximately 34% of the company’s total sales.

With juggernaut franchises like Call of Duty and World of Warcraft, it should come as no surprise that the company is doing quite well for itself. And with Diablo III, a new Call of Duty and many others set release later this year, there’s little reason to believe that their streak of success will run out any time soon.

Source: PSLS

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post #2 of 2 Old 02-14-12, 08:32 AM
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I love ATVI but that stock doesn't move at all!
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