NEWS - Wednesday, May 8, 2002


Activision Fourth-Quarter Results

Video game publisher Activision Inc. reported a more than tenfold increase in fiscal fourth-quarter profits on Tuesday as the introduction of new game machines sparked demand for games, pushing revenues and margins higher. The Santa Monica, California-based company also raised its guidance for fiscal 2003 and offered a $1 billion revenue target for 2004, buoyed in part by expectations that its Spider-Man games, already a hit in their first few weeks, will remain popular. The movie version of the classic comic opened last weekend and set a three-day box office record of $114 million. Activision said its five "Spider-Man" games were all performing well, with the PC version a "Top 10" hit in its first week and three of the five games leading rental charts. The company confirmed that it holds the rights to make games based on the first "Spider-Man" sequel and that it is exploring the possibility of releasing "Spider-Man" games in Japan. The company reported a net profit of $10.9 million, or 17 cents per share, compared with a year-earlier profit of $875,000 or 2 cents per share. Revenue rose to $164.9 million from $126.8 million. "You can’t argue with the numbers," said Mike Wallace, a UBS Warburg analyst who follows the industry. "This company is clicking on all cylinders." You can find out the rest of Activision’s Financial reports right here
Source: http://www.biz.yahoo.com/

Site Statistics

Registered Members: 71,682
Forum Posts: 725,951
Xbox One Titles: 4,570
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,341
Member Reviews: 10,339
News Articles: 16,427
Screenshots: 36,848
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News



Bullet Hell Meets Metroidvania in The Knight Witch

Bullet Hell Meets Metroidvania in The Knight WitchMelding fast-paced shoot ‘em up combat with exploration and deck building, players will take up arms as the Knight Witch Rayne, use her powers to navigate waves of monstrous enemies, and try to save her loved ones and the place she calls home.






See News Archives

Community Forum Activity

KeyWe Giveaway!
Post by Variation-XBA
0 Replies, 7621 Views

2021: XBA is still here
Post by shrew king
24 Replies, 68351 Views

Watch Dogs: Legion
Post by Nato King
0 Replies, 81667 Views

Xbox Series X or S
Post by Nato King
5 Replies, 95764 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 97027 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 108011 Views

Xbox one no signal
Post by debrartin
0 Replies, 105181 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 123596 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 93383 Views

Claiming the first thread of 2020
Post by Kraft
7 Replies, 161823 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 107182 Views

Squad Up
Post by samslophead
0 Replies, 190775 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 139075 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 238833 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 133516 Views

© 2000-2022 XboxAddict.com - All rights reserved. All trademarks are properties of their respective owners.
Xbox is a registered trademark of Microsoft. XboxAddict.com is not affiliated with Microsoft.

Made in Canada
Site Design by Cameron Graphics