Activision Blizzard’s profits sky-rocketed in 2011, with the holding company reporting record profits of $US1.08 billion on revenues of $US4.76 billion. We don’t even have a concept of how much money that is.
The success of Modern Warfare 3, the top-selling game of 2011, propelled sales and secured the company more than $1 billion in profits, up from 2010 when profits were $US418 million on revenues of $US4.45 billion.
Activision Blizzard also revealed that Call of Duty: Elite currently has 7 million registered users, with 1.5 million of those users paying the premium fee of $US50.
The company said that they are currently working on Elite 2.0 and another Call of Duty is slated for 2012.
[GameSpot]
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