Activision Q3 Financials: PS3 = 2nd HIGHEST Console Earner, Xbox 360 = 1st!

[heruamon]

Aprisaiden said:

heruamon said:

Procrastinato said:

heruamon said:

He runs the largest and most successful gaming shop...that's his street cred, how does that compare to his critics?

I see him as more of getting on a train that was on the right track (as the chief engineer), and now he's doing his best to derail it.  Unknowingly, of course.  I'm sure he thinks his approach is best.  He's not evil... just destined for a train wreck.

I like to poke fun at him because, frankly, the game industry would turn sour real fast if all execs thought like he does, and that bothers me... alot.

See...the problem is this... ActivisionBlizzard is succeeding where others are floundering badly.  Sure, you can attribute their success to whatever, but the simple facts are these...$$$.  They have the biggest game launch this year, and they will have the biggest PC launches next year.  People keep hating the guy, but his company is creating the products that gamers want, where his competitors are scraping by.

Erm $703 million revenue, 15 million profit...

remove World of Warcraft profits and Activision Blizzard would of lost over $250 million for q3 and would of been down over 40% YoY in revenue. 

Have you studied thru the 10-Qs to see the revenue/expense ratios?  What is the total 10-K looking like?  Cherry picking a quarter is probably not the best method to evaluate a company's financials.