Posted on Thursday 10-Nov-2011 3:16 PM

Activision shares hit by declining World of Warcraft subs

Biggest share price drop since February after 800,000 leave the MMO

By Tom Ivan for computerandvideogames.com

Activision Blizzard shares fell 6.5 percent yesterday to close at $13.02 in New York, representing their biggest drop since February 10.

World of Warcraft: Mists of Pandaria Screenshot
The firm's shares have gained 4.7 percent this year, according to Bloomberg, but they were hit by this week's announcement that 800,000 World of Warcraft subscribers were lost in the three months ended September 30.

The total number of subs now stands at 10.3 million, having started the financial year nine months ago at around 12 million.

The significant decline in WoW subscribers was the only blemish on a strong third quarter for the Call of Duty publisher, during which profits almost tripled to $148 million (£92 million).

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[ Source: Business Week ]

computerandvideogames.com
Tom Ivan
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6 comments so far...

  1. Report this post Reply with quote
    c3dpo on 10 Nov '11 said:

    ohhh those with cash I would advise grab some shares ;)

    With the growth of COD, and the 10 year deal with Bungie and the cyber / steam punk MMO (never remember which one it is). This could be a good investment for sure!

  2. Report this post Reply with quote
    middle finger on 10 Nov '11 said:

    Holy s**t, that means there's nearly million nerds on the loose.

  3. Report this post Reply with quote
    ted1138 on 10 Nov '11 said:

    Maybe they just got laid?... :wink:

  4. Report this post Reply with quote
    ted1138 on 10 Nov '11 said:

    Maybe they just got laid?... :wink:

    Ooops! I meant 'mislaid'.... :oops:

  5. Report this post Reply with quote
    kimoak on 10 Nov '11 said:

    Maybe they just got laid?... :wink:

    Ooops! I meant 'mislaid'.... :oops:

    ROFL!!

  6. Report this post Reply with quote
    MPH on 11 Nov '11 said:

    Holy s**t, that means there's nearly million nerds on the loose.

    Ex-nerds - the most dangerous kind.