Activision raises Q1 fiscal outlook thanks to WoW, MW2 map pack
Activision Blizzard raised its March quarter sales outlook today, expecting approximately $1.1 billion in revenues. CEO Bobby Kotick noted that the company is doing well due to continued demand for World of Warcraft (naturally) and Call of Duty: Modern Warfare 2. He also stated that the company benefitted from the "record breaking launch" of the Modern Warfare 2 "Stimulus" map pack, which he claimed was originally expected to debut in the June quarter.
Kotick remains cautiously optimistic about the next couple of quarters due to the economy and because "the majority" of Activision Blizzard titles aren't expected to launch until autumn. The company plans to announce the financial details of its better-than-expected March quarter on May 6.
