Tribalwar

Activision has its best year ever, $2.9 Billion

Submitted by: KnightMare @ 10:36 AM | Friday, May 9, 2008 | (url: http://www.gameda...)

Activision today reported record revenues for the fourth quarter and fiscal year ended March 31, marking an incredible 16 years of consecutive growth. Net revenues for the full year soared from $1.51 billion last year to $2.90 billion.

"Fiscal 2008 was the best year in our history and Q4 was the largest and most profitable non-holiday quarter, even though we did not release any new titles," boasted Robert Kotick, Chairman and CEO of Activision. "During the fiscal year, we were the #1 U.S. console and handheld publisher in dollars for the first time ever, according to The NPD Group, and we grew our worldwide share of the console, handheld and PC markets year over year.