Activision Blizzard Posts Quarterly Loss

In a fascinating bit of news, the newly merged Activision-Blizzard posted its first quarterly financial results. Merger costs led the company to a $108 million loss on $711 million revenue. The results beat analysts expectations. Activision Blizzard also announced a plan to buy $1 billion in stock. Luckily for them, World of Warcraft: Wrath of the Lich King and Call of Duty: World at War and a tiny little franchise called Guitar Hero coming out. Something tells me they are poised to make a whole heckuva lot of money this quarter. Go Blizzard.

Related Products:
Call of Duty 4: Modern Warfare
Current Price: US $17.00
Call of Duty: World at War
Current Price: US $20.00
Call of Duty 2 Xbox 360 disc only
Current Price: US $4.26
 

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