Activision Blizzard Reports Third Quarter Income

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Activision BlizzardActivision Blizzard announced its financial results for its fiscal third quarter ended September 30, 2010:
For the quarter, Activision Blizzard announced net income of $51 million, compared to net income of $15 million in the same quarter the previous year. The company's Chief Executive Officer, Robert Kotick, attributed the strong quarterly results to "...strong performance from Activision Publishing's Call of Duty franchise and Blizzard Entertainment's World of Warcraft and StarCraft II: Wings of Liberty."

As usual, it appears that Blizzard Entertainment is Activision Blizzard's profit engine. For the quarter, the company listed massively multiplayer online role-playing games (World of Warcraft) as responsible for 39% of net revenues. PC Games were responsible for 10% of net revenues, compared to Xbox 360 games (16%) and PlayStation 3 games (15%), making Blizzard's World of Warcraft and StarCraft II: Wings of Liberty big contributors to the company's revenues.

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