We have a solid pipeline of products
The overall Activision Blizzard net revenue was $772 million in the quarter, which was down from $804 million this time in the same period last year. The bright spot on the Activision Blizzard's income statement for the quarter was its digital revenue, which comprised more than 68 percent total revenue. That's a quarterly record.
Other highlights from Activision Blizzard's earnings report today include:
World of Warcraft: Ultimate Evil Edition is scheduled to launch for "console" later this year. It's been confirmed for PS4 but not Xbox One. World of Warcraft subscribers have decreased by 7.8 million , to 7.6 million.Gamers know that they have pre-purchased more than 1 million copies of the World of Warcraft expansion Warlords of Draenor.Warlords of Draenor is scheduled to release within the "back portion" in 2014. Destiny preorders are near to making records for a new IP.Activision believes that the "shared-world" shooter will be an entirely new genre that will be led by Destiny.
Activision Blizzard CEO Bobby Kotick expressed optimism about the business's outlook for the coming year, thanks in large part to Bungie's $500.000 game Destiny.
"We have a solid pipeline of products for the remainder of the year, starting on September 9th, which is the date we plan to launch of Destiny which we believe will be our next billion dollar franchise and also the biggest videogame IP launch to date," he said.
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