Picture this: New hardware is challenging video game publishers. Activision Inc., Santa Monica, Calif., is one of several companies trying to affect how that plays out.
Net revenues for the fiscal year ending March 31, 2006, were a record $1.468 million, compared with $1.406 million the year before. Net income in the most recent year, however, declined to $41.9 million from $138.3 million.
Among Activision's products are Call of Duty, Doom, Quake, Shrek, Spiderman and Tony Hawk.
"Looking ahead, we will continue to leverage our assets -- the competitive leadership of our world-class franchises, production capabilities and worldwide distribution resources," said Chairman and CEO Robert Kotick when fiscal year results were announced on May 4. "We are planning for and investing in the market growth that historically follows the introduction of new console software. We remain focused on expanding operating margins by growing our balanced franchise portfolio, delivering compelling game experiences, increasing our international market position and improving operational efficiency worldwide."
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