Activision Blizzard (ATVI). The video games publisher revealed it has lost almost a million users for its "World of Warcraft" cash cow, dampening enthusiasm for its blockbuster "Call of Duty" franchise. It now expects earnings per share of 85 cents on revenue of $4.25 billion for 2011. Adjusted for revenue from online games, it posted earnings per share of 7 cents, which beat Wall Street's expectations of 2 cents per share.
This may be a great short right here...
Wednesday, November 9, 2011
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