- Jun 11, 2004
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Activision Reports Big Gains, Profit of $344M in '08
Growing publisher Activision today reported that its year-to-date 2008 net income totaled some $344 million, a significant increase over its 2007 take of $85 million.
The large profits were pulled from a total revenue of nearly $2.9 billion, up from $1.5 billion the previous year. Activision's fiscal year ends on March 31.
Activision's strong lineup was lead by Guitar Hero III: Legends of Rock and Call of Duty 4, which continued to perform well into the company's fourth quarter. The company records over 9 million sales of Call of Duty 4 as of March 31.
According to the publisher, 73% of its total revenue, or $2.12 billion, came from publishing console software. The sale of portable games brought in 8% / $2.19 million of that sum, while PC games only made up a paltry 5% / $1.56 million.
Source: Shacknews
I don't know how anyone can argue with these numbers.
It's a sad thing really and the reason that steam type apps will be dominant in the future.