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Publisher Activision Blizzard reported record third quarter results today, boasting $841 million in revenue for the three month period ending Sept. 30. According to the company, the better-than-expected results were driven by the launch of World of Warcraft: Mists of Pandaria and continuing sales of Diablo 3 and Skylanders: Spyro's Adventure.
Operating income for the quarter was $227 million, according to the company's SEC filing.
Blizzard's Diablo 3 has sold in excess of 10 million copies since the game launched in May, CEO Bobby Kotick said. Following the launch of the Mists of Pandaria expansion, the World of Warcraft subscriber base is holding at 10 million as of Sept. 30, according to the company. The company announced in October that it had sold 2.7 million copies of Mists of Pandaria during its first week on sale.
Revenue from Blizzard's products contributed $414 million to the company's net revenue.
Activision once again reiterated that Skylanders Spyro's Adventure has been the best-selling console and handheld game in dollars, factoring in accessories and action figures, in North America and Europe for the first nine months of 2012. Activision said during an investor call that sales of Spyro's Adventure have continue even after the launch of its sequel, Skylanders Giants.
Sales of Activision games contributed $283 million in revenue to Activision Blizzard's third quarter, driven by Spyro's Adventure and Call of Duty Elite memberships. Activision Blizzard noted a decrease in Call of Duty downloadable content packs in 2012 compared to 2011 and lower catalogue sales of previous Call of Duty titles.
