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ATVI: Ready for the Holidays?

|Includes: Activision Blizzard, Inc (ATVI), EA, TTWO

Yesterday after the close Activision (NASDAQ:ATVI) reported a great quarter.  ATVI’s EPS came in at 0.09 vs. the street at 0.04 and Revenues of 857.00 vs. 750.00.  ATVI’s guidance was a bit light, especially with the blockbuster  Call of Duty: Black Ops due out in a week.  Although ATVI’s guidance was a bit lighter than expected this is common with ATVI as they are becoming the Apple of the video game space; kill earnings, slow play guidance, and kill earnings.  Overall video games sales are a bit light into the holiday season across the board I think the reemergence of Goldeneye for Wii could be a sales catalyst over the holidays that many analysts are missing.

Disclosure: Long ATVI