The [a]list daily: "Looking at GAAP results, Activision had $1.05 billion in revenue versus $1.075 billion in the same quarter last year, but net income was $324 million versus $185 million.
The non-GAAP numbers don't look anywhere near as good. Activision's non-GAAP revenue was $608 million, compared to revenue in the same quarter last year of $1.054 billion. Net income was $119 million, versus $300 million. What's going on?"