Blizzard Raises its Outlook as it Hopes for Strong Holiday Shopping Season Activision Blizzard Inc. posted its profit for the third quarter which exceeded analysts' estimates as company saw strong sales of its "Skylanders" and "Diablo" game titles. The largest video-game maker has also raised its full-year outlook as it expects strong holiday shopping season 's sales of the latest game "Call of Duty." Blizzard's outlook up The company informed that its net come increased as much as 53 percent to approximately $226 million, or 20 cents per share. Excluding items, the company's profit of about 15 cent exceeded the analysts' average estimate of roughly 8 cent. Certainly these good results are partly caused by the "World of Warcraft: Mists of Pandaria" game which helped Activision Blizzard Inc. gain roughly 1 million online subscribers in the third quarter. Yet the Action Blizzard Inc.'s "Skylanders Spyro's Adventures" also played a major role in achieving very good figures as it generated the most revenue of any console game. The Activision Blizzard Inc.'s good results are particularly satisfying for the Santa-Monica company and its top executives especially taking into consideration conditions of the market. Bobby Kotick, chief executive officer at Activision Blizzard Inc., noted: "In a very challenging environment, we executed very, very well." Because of very satisfying performance in the third quarter, the largest video-game maker decided to raise its full-year outlook. Activision Blizzard Inc. predicts earnings of $1.10 per share in 2012 on sales of approximately $4.8 billion, compared with 99