Activision Reports Record Year

Officials from Activision have announced the company’s full year results for the period ended March 31 2004. Full year revenues stood at $947.7 million, which is even higher than the company's own projections, while net income rose to $77.7 million from last year's $66.2 million figure. The company now expects to be only the second third party publisher, after Electronic Arts, to break the $1 billion mark in fiscal 2005. At the same time the company restated its intention to focus on a smaller number of proven titles in the coming year, while also pledging support for both the Nintendo DS and PlayStation Portable (PSP). Source: iWon