Activision Blizzard banks $503 million in first quarter profits

Beneath the Southern California headquarters of Activision Blizzard there lies a zeppelin-sized vault, near-bursting with piles of gold and riches -- or at least that's how we imagine it. The company today reported its first quarter 2011 earnings, reaping a record $1.4 billion in sales revenue, an increase of $100 million over the same period last year. Net income came to $503 million, up from $381 million in Q1 2010.

Not surprisingly, the publisher attributed a hefty chunk of those profits to continued sales of Call of Duty: Black Ops -- which it also confirmed is not just the best-selling game ever (in terms of revenue) in the US, but in Europe as well. In addition, the company noted that digital sales were up 30 percent over Q1 2010 and accounted for 30 percent of Activision Blizzard's revenue last quarter.
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World of Goo iPhone out this Thursday


The sticky, adorable World of Goo will be available for iPhone 3GS, 3rd gen iPod Touch and iPhone 4 this Thursday, April 14, for $1. After the first 24 hours, the game's price will expand to $2.99.

As previously mentioned, if you already own World of Goo HD ($4.99) for iPad, the title will receive a "universal app" update on Thursday. This will allow iPad owners to play the game on their iPhone or iPod touch without plopping down any extra goo-dough.

Developer 2D Boy also teases that a "strange new character" appears after the end of the game in the iOS... (Continue Reading...)


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