- Newspaper circulation may be worse than it looks
- GE, Vivendi talks over NBC Universal stretch on
- B&N Nook sells out, too late for holiday orders
- Dell's profit, stock drop on weak quarterly report
- AOL offers buyouts to over a third of work force
- Google's Chrome OS to be ready for 2010 holidays
- Google adding automatic captions to YouTube videos
- Reality show: Calif. to require greener TVs
MOST SHARED
- Wall Street Finds Profits by Reducing Mortgages
- CNBC VIDEO: Warren Buffett & Bill Gates 'Walk & Talk' at Columbia University
- What if a Recovery Is All in Your Head?
- Kraft Weighs Higher Cadbury Bid as Rivals Circle
- China Industrial Bank Eyes $2.64 Billion Rights Issue
- China Should Stop Property Stimulus Now: Central Bank
- Wave of Debt Payments Facing US Government
- US Job Losses to Bottom out Next Quarter: NABE
- Little Sign of Inflation on the Horizon: IMF
- Kraft Weighs Higher Cadbury Bid as Rivals Circle
- MBS Program Should be Extended: Fed's Bullard
- JPMorgan's Dimon Could Succeed Geithner: Report
- Wall Street Finds Profits by Reducing Mortgages
- Warren Buffett, Bill Gates 'Walk & Talk' At Columbia
- Microsoft, News Corp Weigh Online News Pact
Text Size 
Activision Blizzard CEO Robert Kotick told CNBC that a change in the video game maker's release schedule caused the company to forecast a weaker than expected fourth quarter, but he is confident about the upcoming release of games such as DJ Hero and Band Hero.
"We have a spectacular release schedule," Kotick said in a live interview. "The questions is ... is the consumer going to materialize?"
Activision [ATVI
Loading...
()
] is the largest publisher of online games, but Kotick said the company still plans to continue releasing retail-based games in the future.
"We think that there's a very happy medium," he said. "We're in a category that, unlike most media categories, continues to grow at a very rapid rate."
Activision on Thursday posted a third-quarter profit of 1 cent a share.
Video games have struggled through the recession, posting six straight months of negative sales figures. The industry posted its first monthly sales gain in September, but it was only a 5 percent jump.
- Technology can make or break a fortune in the world of alternative energy.
- The Victoria's Secret Fashion Show attracts a big TV audience every year, but this year it may take on even more importance.
- Many people are facing the holidays with substantially smaller incomes. Here’s how some are adapting.
- Jim Cramer is a proponent of stocks that pay healthy dividends, and here are his top five dividend plays.
- The homebuyer's tax credit jacked sales for a while, but 2010 is looking weak. Now what?
- CNBC’s technology reporter Jim Goldman guides you through the best gadgets to buy this holiday season.
Data is a real-time snapshot *Data is delayed at least 15 minutes