Activision released their financials for the three months ending on September 30th today, revealing how revenue was down 18% to $691 million, while profits were down 75% to $56 million.
For a couple of highlights, Skylanders Giants and Call of Duty: Black Ops 2 are two of the top five best selling games so far in 2013 for North America and Europe, with Skylanders Giants the #1 selling kids console and handheld game for the first 9 months of 2013 in both territories.
Bobby Kotick, Activision Blizzard CEO, talked about the sales results:
“Our third-quarter results exceeded our expectations, and we are able to raise our outlook for 2013 net revenues and earnings per share. Robust continued engagement with our core franchises drove digital revenue, which constituted a majority of all revenue. This quarter demonstrates that games like Call of Duty and World of Warcraft engage and entertain our fans year round.”
“We recently released new titles in two of the most popular franchises in entertainment, Call of Duty: Ghosts and Skylanders SWAP Force. We are thrilled by the quality of those games and we are excited to show what we can do with them on next-generation consoles in the coming weeks.
We are also in the process of a beta launch for our first major free-to-play game, Hearthstone: Heroes of Warcraft. However, we continue to believe that the fourth quarter this year presents a unique and challenging landscape due to increased competition and uncertainties surrounding the console transition. We are confident in our ability to navigate these challenges successfully, particularly in light of the recent completion of our transaction with Vivendi and the focus and flexibility provided by our return to independence.”
What do you think the Call of Duty in 2014 will be called? Let us know in the comments below.