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Activision beats estimates by going big, focusing on retail hits
While the video game retail space is generally in decline, Activision doesn’t seem to be taking much of a hit. The company far exceeded expectations for its third fiscal quarter thanks in large part to hit retail products like Skylanders and boxed sales for titles like Diablo III. During its September quarter, the company saw revenues of $841 million (up from analyst estimates of $710 million) and profits of $226 million. That’s a marked increase …
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