Tag Archives: financial

Activision Blizzard Announces $1.05 billion GAAP Net Revenues for Second Quarter 2013

Activision Blizzard Fiscal Q2 2013 Report

In the latest financial report to hit the international video games industry, Activision Blizzard has released a fiscal overview of the second quarter for 2013 in which you will see the words “number one” mentioned so many times you’ll eventually get the picture. In just one fiscal quarter the often criticized company has managed to pull $1.05 billion GAAP Net Revenue and cites the following reasons as just some of the ways they have accomplished that. For those who have been living under a rock, some time ago Activision merged with Blizzard Entertainment forming what we now see today as basically the largest company around when it comes to making money at producing top-selling video games worldwide.

Excerpt from the Official Press Release:

“Selected Business Highlights:

  • For the first six months of 2013, Activision Blizzard was the #1 third-party publisher in North America and Europe combined.¹
  • For the first six months of 2013, Activision Blizzard had the top-two best-selling games in North America and Europe combined, with Activision Publishing’s Skylanders® Giants™ and Call of Duty: Black Ops II.¹
  • In both North America and Europe, Activision Publishing’s Skylanders Giants was the #1 best-selling console and hand-held game overall in dollars for the first six months of 2013.¹
  • As of July 31, 2013, the Skylanders franchise has generated, life-to-date, more than $1.5 billion in worldwide retail sales.¹
  • As of June 30, 2013, Blizzard Entertainment’s World of Warcraft® remains the #1 subscription-based MMORPG, with approximately 7.7 million subscribers.²
  • On July 25, 2013, Activision Blizzard announced that it reached an agreement under which the company will acquire approximately 429 million company shares and certain tax attributes from Vivendi, in exchange for approximately $5.83 billion in cash, or $13.60 per share acquired before taking into account any future benefit from these tax attributes. In a related transaction, ASAC II LP, an investment vehicle led by CEO Bobby Kotick and Activision Blizzard Co-Chairman Brian Kelly, will purchase approximately 172 million company shares from Vivendi for approximately $2.34 billion in cash, or $13.60 per share. Following the completion of the transactions, which are expected to close by the end of September 2013, Vivendi will no longer be the majority shareholder, but will retain a stake of approximately 83 million shares, or approximately 12%.
  • During the quarter, Activision Blizzard paid a cash dividend of $0.19 per common share, totaling $216 million, to shareholders of record at the close of business on March 20, 2013.”

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20130806 and was last modified on 20130806 .

BioShock Infinite Reaches Over 4 Million Sales; Take-Two Reports $1.875 Billion Revenue Projection

BioShock Infinite Sold 4 Million

In the financial report released today by Take-Two Interactive (the parent company of Rockstar Games, 2K Games, and more) it has been announced that BioShock Infinite sales are currently numbering over the 4 million mark after just being released on Xbox 360, PlayStation 3, and Windows PC March 2013. Take-Two Interactive has also reported a Projected Non-GPAA Net Revenue of $1.875 Billion on the high end for the Fiscal Year 2014 with an expected $800 Million Non-GPAA Net Revenue for the Second Quarter of Fiscal Year 2014.

With titles like Grand Theft Auto V, WWE 2K14, NBA 2K14 (for current and next-gen consoles) and BioShock Infinite: Burial At Sea still set to release, things are looking good for the behemoth-sized corporation. The extremely high quality of the games they release is cited as the reason for Take-Two’s ongoing success and indicates a global market interest remains for video games if they are good enough to set the bar for digital interactive entertainment.

BioShiock Infinite

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20130731 and was last modified on 20130731 .

Want To Hear GameStop’s Financial Earnings May 17?

GameStop, as scheduled, will be giving their financial earnings report Thursday, May 17, 2012 for investor relations and can be accessed in an online web conference.

Check out the full press release below for complete details as released by GameStop themselves:

“GRAPEVINE, Texas–(BUSINESS WIRE)–GameStop Corp. (NYSE:GME), today announced that the Company will report earnings results on Thursday, May 17, 2012 for its first quarter ended April 28, 2012.

The Company will host an investor conference call at 11:00 AM EST on the same day to review the company’s financial results and operations. This call can be accessed at GameStop Corp.’s investor relations home page at http://investor.gamestop.com. The call will be archived for two months on GameStop Corp.’s website.

ABOUT GAMESTOP CORP.

GameStop Corp. (NYSE:GME – News), a Fortune 500 and S&P 500 company headquartered in Grapevine, Texas, is the world’s largest multichannel video game retailer. GameStop’s retail network and family of brands include 6,683 company-operated stores in 17 countries worldwide and online at www.GameStop.com. The network also includes: www.Kongregate.com, a leading browser-based game site; Game Informer® magazine, the leading multi-platform video game publication; Spawn Labs, a streaming technology company; and a digital PC game distribution platform available at www.GameStop.com/PCGames.

General information on GameStop Corp. can be obtained at the company’s corporate website. Follow GameStop on Twitter @ www.twitter.com/GameStop and find GameStop on Facebook @ www.facebook.com/GameStop.”

Full Press Release by GameStop

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20120507 and was last modified on 20120507 .

Nintendo reports first ever annual loss for FY2012, 3DS sells 17.13 million to date

According to analysis by VG247 on GameKicker Nintendo’s official financial report is a record of their first annual loss occurring during the year 2012. The official sales of the 3DS to date are also in for debating. See the full info below:

“Nintendo has reports its first ever annual loss at a net loss of ¥43.2 billion, a lower than expected figure compared to what was previously predicted.

Total sales of Nintendo 3DS during FY2012 were 13.53 million, with software at 36 million. LTD, 3DS sales are now at 17.13 million, with software at 45.4 million units.

The vanilla DS line – DS, DS Lite, DSi and DSi XL – sold 5.1 million hardware units and 60.82 million software units. In its lifespan, the line has sold 151.52 million units combined and 900.31 million units in software.

For Wii, Nintendo reported hardware sales of 9.84 million units in the FY with software at 102.37 million. Lifetime to date, Wii’s now sold 95.85 million units and 818.46 million software units.

For FY2013, Nintendo has predicted it will stop selling 3DS “below cost” by the middle of the fiscal year – around September – and expects to make a profit on each unit sold by then. It follows a massive price-cut for the system last August that was put in place to boost flagging sales of the handheld.

Its predicted hardware sales of 18.5 million and 73 million software for 3DS in the next 12 months.

Following up on those, Nintendo has big releases planned for the year ahead, including New Super Mario Bros 2 for 3DS in August, Animal Crossing for 3DS this fall, Brain Age 3DS this summer in Japan

Get the full report hereMore soon.”

Source: Nintendo via VG247 on GameKicker

Editor’s Note: RealGamerNewZ has moved web servers, some older posts can no longer be commented on and have been preserved without their images. Thank you for your understanding in this matter. This article was written by Jon Ireson on 20120426 and was last modified on 20120426 .