Skip to Content

AOL Games

Pachter expects strong Activision Q4 financial results


In advance of this Thursday's release of Activision's Q4 financial results, Wedbush Morgan analyst extraordinaire Michael Pachter expects Activision's sales were up 88% this quarter over last year, based on NPD data. GameDaily reports Activision's guidance expected revenues of about $350 million this quarter, but Pachter believes it's more like $425 million.

Pachter further notes that Activision may see revenues decline this fiscal year as sales from Guitar Hero III and Call of Duty 4 wane, though the big thing for investors remains the approaching merger with Vivendi Games. Activision Blizzard should be a reality in the next few weeks and Pachter maintains a "Buy" rating on the company.

Tags: activision, activision-blizzard, activision-vivendi, activisionblizzard, pachter

Reader Comments (Page 1 of 1)

Joystiq Features





Featured Galleries

Monster Rancher DS (11/10/09)

Monster Rancher DS (11/10/09)

Again (DS) (11/10/09)

Again (DS) (11/10/09)

Deadly Premonition (Xbox 360)

Deadly Premonition (Xbox 360)

Dawn of Heroes (DS)

Dawn of Heroes (DS)

ToeJam & Earl 4 concept art/pitch

ToeJam & Earl 4 concept art/pitch

Comet Crash

Comet Crash

Darksiders (11-06-09)

Darksiders (11-06-09)

Skate 3

Skate 3

Mass Effect 2 (11-06-09)

Mass Effect 2 (11-06-09)

 


Team Joystiq

 
Chris Grant
Editor-in-Chief, Email
James Ransom-Wiley
Managing Editor, Email
Ludwig Kietzmann
Senior Editor, Email
Andrew Yoon
East Coast Editor, Email
Randy Nelson
West Coast Editor, Email
Justin McElroy
Reviews Editor, Email
Justin Glow
Developer, Email

Joystiq Podcast

New episodes every Friday! Now playing: Joystiq Podcast 115, for Friday, Oct., 30.



Archive | RSS | iTunes

Autoblog

Urlesque

Download Squad

Engadget

Massively

Asylum

WoW

Engadget HD

Big Download