“We’ve more confidence in consumer spending, we feel like some of that has stabilized and there are price cuts on the [console] hardware in the works."
Kotick also opined a bit on the changing meaning of the word "platform," saying, “The platform used to be defined as just the box, but the platform today is really the box plus all the online services and capabilities.”
Publishers love the idea of online, of course, because selling a $60 piece of software is one thing, but selling years of subscriptions fees is even better.
On a separate subject, Kotick said that the PSN downtime has affected Activision's sales, but not enough to affected the financial reports the company discussed earlier in the week.
Source: Financial Times