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Activision Blizzard Doing Better Than Expected

Activision Blizzard Doing Better Than Expected

The first quarter of 2010 has yielded better financial results than expected for Activision Blizzard.

The company brought in $1.3 billion in revenue for the quarter, which surpassed a target of $1.1 billion. The strong performance was mainly down to the profits of Call of duty and World of Warcraft.The one million plus sales of the MW2 Stimulus Package were also cited as big wins for the company.

Activision also said they expected software sales for Xbox 360, PS3 and Wii to improve for the year, while PS2 and the two handhelds – DS and PSP – will decline. Couple this to increased PC sales for the first time in a decade, mainly thanks to Blizzard.

The company believe they are on target for the predicted $4.2 billion in revenue for the calendar.

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Stuart Davidson

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