Activision Blizzard banks $503 million in first quarter profits

Beneath the Southern California headquarters of Activision Blizzard there lies a zeppelin-sized vault, near-bursting with piles of gold and riches -- or at least that's how we imagine it. The company today reported its first quarter 2011 earnings, reaping a record $1.4 billion in sales revenue, an increase of $100 million over the same period last year. Net income came to $503 million, up from $381 million in Q1 2010.

Not surprisingly, the publisher attributed a hefty chunk of those profits to continued sales of Call of Duty: Black Ops -- which it also confirmed is not just the best-selling game ever (in terms of revenue) in the US, but in Europe as well. In addition, the company noted that digital sales were up 30 percent over Q1 2010 and accounted for 30 percent of Activision Blizzard's revenue last quarter.
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LA Noire DLC 'Nicholson Electroplating Arson Case' outed by Best Buy

LA Noire's first downloadable content pack has been announced unceremoniously in Best Buy's latest ad circular. As seen above, the ad promises that the first 16 customers to purchase the game at any Best Buy midnight launch event will receive a code that will unlock "the first DLC pack," known as the 'Nicholson Electroplating' Arson Case, as soon as it becomes available for download.

The fine print notes that every midnight launch location will have a "minimum of 16 Xbox 360 and PS3 codes per store" -- if you're number 17, don't despair. Rockstar has yet to release info on the first DLC pack, and the developer could not be reached for comment as of publishing.

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