Activision Blizzard's First Quarter Earnings Jump on Success of Major Game Franchises

Fueled by its top franchises, like Call of Duty and World of Warcraft, Activision Blizzard reported better than expected first-quarter results today. Revenues increased to $1.4 billion from $1.3 billion in the year-ago period, and net income totaled $503 million, up from $381 million in first quarter 2010. Earnings per share jumped to 42 cents a share, up from 30 cents a share in the same time period. The company also raised its full-year outlook with earnings per share of 61 cents on revenues of $4.05 billion.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik