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Activision Holiday Quarter Sales Rise 80% To $1.48 Billion

Publisher Activision has announced record holiday quarter results with sales up 80 percent to $1.48 billion and profits up to $272.2 million, with record breaking performance of Call of Duty 4: Modern Warfare and Guitar Hero III: Legends of Rock.

Sales rose from $824.3 million the year prior, and profits of $142.8 million. For the first nine months of Activision's fiscal year, sales have nearly doubled the year prior to $2.3 billion, and profits tripled from $100.2 million to $300.7 million.

The publisher says it expects $350 million in sales for its current fiscal quarter ending in March, and for its full fiscal 2008 year, Activision says it expects sales of $2.65.

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