The world’s economic predicament may be anything but fun and games, but the folks at Activision Blizzard (Nasdaq: ATVI) are hoping that plenty of consumers will turn to the company’s games to help them find some respite from tough times. With killer titles like World of Warcraft, Guitar Hero, and Call of Duty, the game maker may be able to do just that. When the company released fourth-quarter results earlier this month, it reported a GAAP net loss. However, after backing out some non-cash and one-time costs, the company boosted the bottom line slightly over last year’s fourth quarter.
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-Justin
[...] Random Feed wrote an interesting post today onHere’s a quick excerptThe world’s economic predicament may be anything but fun and games, but the folks at Activision Blizzard (Nasdaq: ATVI) are hoping that plenty of consumers will turn to the company’s games to help them find some respite from tough times. With killer titles like World of Warcraft, Guitar Hero, and Call of Duty, the game maker may be able to do just that. When the company released fourth-quarter results earlier this month, it reported a GAAP net loss. However, after backing out some non-cash and o [...]
[...] Gamer Investments – Video Game Industry and Stock Market News wrote an interesting post today on The Motley Fool – America’s Next Top Growth StockHere’s a quick excerptThe world’s economic predicament may be anything but fun and games, but the folks at Activision Blizzard (Nasdaq: ATVI) are hoping that plenty of consumers will turn to the company’s games to help them find some respite from tough times. With killer titles like World of Warcraft, Guitar Hero, and Call of Duty, the game maker may be able to do just that. When the company released fourth-quarter results earlier this month, it reported a GAAP net loss. However, after backing out some non-cash and o [...]