I’ve been having a look through the trading websites today and I found a report on Activision. According to analysts at Wells-Fargo, Bob Kotick and chums should make over $5 billion in sales during 2010 and about about $3/4 billion sales from DLC. Note that this is sales revenue, not profit. The juicy gossip is at the end of the report:
“We remain confident Activision can achieve our Q4E non-GAAP sales and EPS of $2.24B and $0.44, even if DJ Hero, Tony Hawk, and Band Hero underachieve…2010 looks like another solid year. Strength in Blizzard to offset decline in music during 2010.”
So it looks like music games are on the way out and Wells-Fargo are already predicting a loss on the poorly reviewed Tony Hawk ‘Ride’. It seems that Modern Warfare 2 sales are propping up quite a few underachieving Activision titles.
Source: StreetInsider
DJ Judas | 24/11/2009 15:06
Epic
512 TSA Points | Member since: Aug 2008
They’ll regret throwing so many rhythm games out there this time next year.
My guess is they’ll ditch the console route and go hardware independent. That much from DLC is ridiculous. The people buying so much of it are setting us up to buy half games with ‘top-ups’ from Acti-Blizz in the future.
Bilbo_bobbins | 24/11/2009 15:44
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1406 TSA Points | Member since: Jun 2009
Ha ha good. I don’t like Activision one bit.
skibadee | 24/11/2009 16:04
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3899 TSA Points | Member since: Oct 2009
what no breakdance hero
carlosfilippsen | 24/11/2009 17:58
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1316 TSA Points | Member since: Mar 2009
LOL
hazelam | 24/11/2009 18:13
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3925 TSA Points | Member since: Feb 2009
http://www.bboythegame.com/
Charmed_Fanatic | 24/11/2009 16:20
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686 TSA Points | Member since: Aug 2009
i understand none of that :p
Charmed_Fanatic | 24/11/2009 16:20
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686 TSA Points | Member since: Aug 2009
SYY2127 | 25/11/2009 05:52
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577 TSA Points | Member since: Forever
I don’t care what anyone thinks. I would love to make that kind of money when half my stuff was crap.
BadBoyBoogie | 25/11/2009 13:26
Let There Be Rock
2689 TSA Points | Member since: Mar 2009
LOL
Harsh, but fair!!