Monday, 10 August 2009

Financial Report

Odd name for a blog post from me for sure - but I did find the report from Activision Blizzard interesting reading. Though I dont come at it from a share price and business health perspective - the report does reveal all manner of interesting things about the gaming market from one of ts heavy-weights. Seeing them revise down their yearly projections by a few hundred million becuase they push back a couple of games by a few months is telling enough. When they throw arounf 4+ billion in revenue it does show how big the gaming market is across multiple platforms and gaming types.

I like this little snippet:
For calendar 2009, as a result of moving the anticipated releases of Activision Publishing's Singularity and Blizzard Entertainment's StarCraft II into 2010 and lower market expectations, Activision Blizzard is adjusting its outlook for GAAP net revenues from $4.3 billion to $4.05 billion, and its outlook for non-GAAP net revenues from $4.8 billion to $4.5 billion.
[quote from Activision Blizzard financial report]

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