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Having the pc at the top is great because they get higher profits per sale thanks to no reveue being given to microsoft/sony/nintendo etc. While the majority of that is obviously world of warcraft's new expansion I've heard reports that the original wow has performed better this year then last year aswell. Not to mention that warcraft 3, starcraft and diablo 2 still sell quite well.

Activision are in a great position if you also take into account the strong sales of their wii platform.

As people have already said they deferred some revenue so I wouldn't be worried about this "net" loss.