Activision Blizzard Announces Record Q4 and Full Year EPS

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For calendar year 2014, Activision Blizzard delivered record non-GAAP earnings per diluted share of $1.42, as compared with $0.94 per diluted share for 2013. On a GAAP basis, the company delivered record earnings per diluted share of $1.13, as compared with $0.95 per diluted share for 2013. For calendar year 2014, Activision Blizzard delivered non-GAAP net revenues of $4.81 billion, as compared with $4.34 billion for 2013. On a GAAP basis, the company delivered net revenues of $4.41 billion, as compared with $4.58 billion for 2013. For the calendar year, non-GAAP net revenues from digital channels were $2.20 billion and represented a record 46% of the company’s total net revenues. On a GAAP basis, for the calendar year 2014, net revenues from digital channels were $1.90 billion and represented 43% of the company’s total revenues.

For the quarter ended December 31, 2014, Activision Blizzard’s non-GAAP earnings per diluted share were a record $0.94, as compared with $0.79 for the fourth quarter of 2013. On a GAAP basis, the company’s earnings per diluted share were a record $0.49, more than double the earnings per diluted share of $0.22 for the fourth quarter of 2013. For the quarter ended December 31, 2014, the company delivered non-GAAP net revenues of $2.21 billion, as compared with $2.27 billion for the fourth quarter of 2013. On a GAAP basis, the company’s net revenues were $1.58 billion, as compared with $1.52 billion for the fourth quarter of 2013.
 
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I wonder how much of that was from WoW subscriptions and Warlords of Draenor sales.
 
I wonder how much of that was from WoW subscriptions and Warlords of Draenor sales.

If you read their reports its mostly broken down.

For wow, every year since its release they have managed to reduce costs of operating it (servers, support, etc). I find this interesting, since they are saving all of this money, yet somehow cannot manage to finish (or even bother creating) new content for the game each year. They reuse more and more, while also somehow producing less and less, every expansion. Yet the price stays the same, for both the sub and the box.
 
If it ain't broke, don't fix it. Or maybe it's if it is broke, don't fix it if people are still willing to throw mountains of cash at you for it...
 
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