Activision is loving modern warfare and plastic guitars as it increased quarterly revenue
expectations by $180 million. The company was originally expecting revenues at $1.05 billion this quarter, but its revision is now set for $1.23 billion. The company's full year outlook went from $2.07 billion to $2.30 billion. The change was made due to higher than expected sales of
Call of Duty 4: Modern Warfare and a little title known as
Guitar Hero III.
Activision continues to hold the
top US publisher spot, which it took from EA earlier this year. Activision's CEO says the publisher's had 16 years of growth and that this will be its most profitable quarter ever. It's
good to own the
Guitar Hero --
really good.
Reader Comments (Page 1 of 1)
Dan @ Nov 27th 2007 9:34AM
Correct me if I'm wrong, but I believe you meant $180 million.
Tyler @ Nov 27th 2007 9:36AM
yeah...
TheWarden @ Nov 27th 2007 9:54AM
It...er..hmmmm... PLAYS MONEY!
hvnlysoldr @ Nov 27th 2007 12:00PM
The Rocks BLEED MONEY!
Quaddw @ Nov 27th 2007 9:57AM
Would probably help if they got more supply out to stores *sigh*
WOOT! @ Nov 27th 2007 10:51AM
I made my first ever stock purchases 3 weeks ago and bought a good amount of ATVI shares. So fa, so good! The stock is up 11% today. WOOT!
License to ill @ Nov 27th 2007 1:20PM
CoD4 is a great game, Guitar hero III has taken a back seat to Rock band in my house...
Martez @ Nov 27th 2007 1:59PM
Can they stop swimming in money and fix the sound issue on the Wii version? Thanks.
ColossalHat @ Nov 28th 2007 3:26AM
So long as they admit they're asshats for not allowing the PS3's Les Paul work for Rock Band while they're at it, then fix it.