NEWS - Monday, February 7, 2005


Activision Makes Profit, DOOM Delayed

Activision Posts Record Profit, DOOM Delayed February 7, 2005 - Activision's 2005 third fiscal quarter saw the company posting record profits, according to financials released today. Thanks to high-selling titles like DOOM 3, Call of Duty: Finest Hour, and Tony Hawk's Underground 2, Activision saw net revenues soar 34% to $680.1 million for the quarter ending December 31, 2004, compared to $508.5 million in last year's Q3. Net income rose to $97.3 million, a 26% increase over last year. For the first nine months of its fiscal year, Activision reports $1.2 billion in net revenues, an impressive 53% increase over $784.8 million reported for the same period last year. Despite the cheerful news, Activision has a slight downer for fans of demon-slaying: DOOM 3 for the Xbox and the DOOM 3 PC expansion have both been pushed back to the company's fiscal 2006, which would mean April at the earliest. While neither title had received a solid date, Xbox gamers in particular have been eager for id Software's hot FPS sequel. For its fourth quarter, Activision is leaping directly into the new handheld market, with both Spider-man 2 and Tony Hawk's Underground 2 slated for Sony's new PSP system. In a conference call with investors today, Activision President Ron Doornink revealed the company plans two new Call of Duty titles: "In Fiscal 06, we will launch two new Call of Duty products: one for the PC, and one for the consoles." This presumably refers to Call of Duty 2 for PC, and an otherwise-unannounced console follow-up to Call of Duty: Finest Hour. Activision Chairman and CEO Robert Kotick expressed optimism for the new year. "As we look toward the future, we are very excited about the opportunities ahead," Kotick commented. "The combination of our product slate, the emerging opportunities created by new hardware technologies and the ever increasing installed base of current console hardware should enable us to continue expanding our net revenues, earnings and operating margin." He also offered highlights of what's to come, including a mysterious new IP: "In fiscal 2006, we will release the strongest game slate in our history which includes new versions of our top-selling fiscal 2005 franchises -- Tony Hawk, Spider-Man, Shrek, Call of Duty, DOOM, and X-Men, as well as games based on True Crime, Fantastic Four, Madagascar, Quake, The Movies, and an original new property from Neversoft, the development team behind the Tony Hawk series." Underscoring the record financial numbers, NPD Techworld named Activision the fastest-growing Top 10 PC publisher in the US for 2004. The company's PC market share has grown to 10%, the highest in its history.
Source: http://www.ign.com

Site Statistics

Registered Members: 52,560
Forum Posts: 725,929
Xbox One Titles: 3,735
Xbox 360 Titles: 1,086
Xbox 360 Kinect Titles: 95
Xbox 360 Arcade Titles: 586
Original Xbox Titles: 987
Staff Reviews: 2,192
Member Reviews: 10,339
News Articles: 16,128
Screenshots: 35,450
Xbox 360 Achievements: 45,112
Xbox 360 Faceplates: 2,016
Cheat Codes: 1,706

Latest News


My Friend Peppa Pig Out Now

My Friend Peppa Pig Out NowBecome Peppa Pig’s newest friend! Based on the long- running smash hit preschool series Peppa Pig, join Peppa and your favourite characters in this brand new interactive adventure where players create and star in their own unique story.







See News Archives

Community Forum Activity

2021: XBA is still here
Post by shrew king
3 Replies, 17665 Views

Watch Dogs: Legion
Post by Nato King
0 Replies, 33985 Views

Xbox Series X or S
Post by Nato King
5 Replies, 47211 Views

Spellbreak Grand Magus Pack (3) and Starter Pack (7) Giveaway!
Post by Variation-XBA
0 Replies, 39661 Views

I pay $ 1000! I search the Element 54 Canadian launch Team signaturen Faceplate
Post by Smill
0 Replies, 40050 Views

Xbox one no signal
Post by debrartin
0 Replies, 56847 Views

do you remember?
Post by SnoochyBoochy
3 Replies, 59154 Views

i haz xbox
Post by SnoochyBoochy
0 Replies, 51144 Views

Claiming the first thread of 2020
Post by Kraft
7 Replies, 83488 Views

Important! I pay $ 1000! I search the Sweden launch and the Element 54 Faceplate
Post by Smill
3 Replies, 42932 Views

Squad Up
Post by samslophead
0 Replies, 93979 Views

TERA Skinned Xbox One X Giveaway!
Post by Variation-XBA
0 Replies, 68739 Views

Starfield Release expectations?
Post by DJ tx
4 Replies, 129330 Views

Issue with Xbox live on Xbox home
Post by rcmpayne
0 Replies, 88146 Views

Happy Birthday, Me.
Post by SnoochyBoochy
4 Replies, 109411 Views

© 2000-2021 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