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Major publisher Activision Blizzard on Wednesday reported betterthan expected financial results for its fiscal first quarter,despite seeing revenues fall by more than 20 percent. For the quarter ended March 31, 2012, Activision Blizzard saw netrevenues of $587 million dollars on a non-GAAP basis, which beat average analyst expectations as well as internal guidance, despite dropping from $755 millionyear over year. Adjusted for deferral of digital revenue and otheritems, the company's profits reached $67 million. One of the biggest contributors for the company's decliningrevenues were the decreased subscriber numbers for Blizzard'sflagship MMO, World of Warcraft . The game currently boasts 10.2 million subscribers, which is thesame number as last quarter , but down from more than 11 million subscribers one year ago. Other major Activision franchises, however, saw some healthy growththat helped the company exceed its expectations. The Call of DutyElite service, in particular, has grown to 10 million registeredusers and 2 million paying subscribers, up from 7 millionregistrations and 1.5 million paid subscribers last quarter. Activision CEO Bobby Kotick added that the toy-based Skylanders franchise has also remained a huge hit following its successfulholiday season. " Skylanders: Spyro's Adventure was the number 3 best-selling game overall in dollars across allplatforms," Kotick said. "Based on our internal estimates, webelieve that Skylanders' toys sales in the first quarter exceeded those of Star Wars, thenumber 1 action figure line." Looking ahead to the rest of the year, Activision Blizzard Expectsto see second quarter revenues of $805 million on a non-GAAP basis,and fiscal 2012 revenues of $4.53 billion. The company expectsmajor titles like Diablo III , World of Warcraft: Mists of Pandaria , Skylanders Giants , and Call of Duty: Black Ops II to lead its sales in the foreseeable future. Related news: Activision confirms Call of Duty: Black Ops 2 for November Activision covers 50 years of James Bond with 007 Legends Prototype 2 will 'struggle to reach 500K' U.S. sales in first year - analyst. I am an expert from liposuctionlasermachine.com, while we provides the quality product, such as China IPL RF Elight , Laser Tattoo Removal Machine Manufacturer, Liposuction Laser Machine,and more.
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