ACTIVISION BLIZZARD

A financial analysis

OVERVIEW

o Activision Blizzard revealed History successful productso Financial analysis Comparing yearly earnings Stock evolutiono Conclusiono sources

ACTIVISION BLIZZARD EXPLAINEDHISTORY

o American holding company Activision Blizzard Entertainmento 2008o Vivendi Games

o HQ of Actvision: Santa Monica, California

o HQ of Blizzard: Irvine, California

o More than 7000 employees

ACTIVISION BLIZZARD EXPLAINEDHISTORY

ACTIVISION BLIZZARD EXPLAINEDSUCCESSFUL PRODUCTS

o Most successful franchises: Activision Call of Duty series

Guitar Hero series

ACTIVISION BLIZZARD EXPLAINEDSUCCESSFUL PRODUCTS

$ 310 mill

4.7 mill copies sold

ACTIVISION BLIZZARD EXPLAINEDSUCCESSFUL PRODUCTS

o Most sucessful franchises: Blizzard Starcraft series

Warcraft series

Diablo series

COMPARING YEARLY EARNINGS

COMPARING YEARLY EARNINGS

COMPARING YEARLY EARNINGS

COMPARING YEARLY EARNINGS

COMPARING YEARLY EARNINGS

Life expectancy of certain aquisitions

STOCK EVOLUTION

COMPARISON OF 6 YEAR CUMULATIVE TOTAL RETURN* Among Activision Blizzard, Inc., The NASDAQ Composite Index

And The RDG Technology Composite Index

STOCK EVOLUTION

STOCK EVOLUTION

o Value of 1 share: $10.90(01/01/2009) +3.67%

o Value of 1 share: $11.30(12/31/2009)

o Cash dividend of $0.15/share

o No dividend in 2009 or 2008

CONCLUSION

o A very strong company

o Provides assurance to the investor

o Success will continue to grow due to long anticipated releases

THE END

Thank you for watching

Tijs De Smedt

SOURCES

o Activision Blizzard: http://investor.activision.com/reports.cfm

o Activision Blizzard annual report:http://investor.activision.com/secfiling.cfm?filingID=1047469-10-1649

o Wikipedia: http://en.wikipedia.org/wiki/Activision_Blizzard

o Hard times: PC game piracy in US estimated at 75-80%http://www.gamepro.com/article/news/165488/hard-times-pc-game-piracy-in-us-estimated-at-75-80/