Activision Posts Annual Profit of $1.1 Billion
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Posted by Donster on: 2012-02-10 15:15:32 196
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Earnings more than doubled in 2011
By Tom Ivan @ CVG
Activision Blizzard has reported a significant rise in sales and earnings for calendar year 2011.
The publisher's net profit more than doubled year-over-year to $1.09 billion (£688.3m), while revenues grew seven percent to a record $4.76 billion (£3b), with digital sales representing 34 percent of the total.
Call of Duty: Modern Warfare 3 was the top-selling title in dollars during 2011 and Call of Duty: Black Ops was the fifth best-selling, while CoD: Elite now has seven million registered users and 1.5 million subscribers.
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