Guitar Hero is a success on Wall Street
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Submitted by Gaming Briefs and Nostalgia Bits
Here’s an article about Guitar Hero’s financial success for Activision:
SAN FRANCISCO (Reuters) - Activision Inc posted a quarterly profit on Thursday that blew past expectations as demand for its “Guitar Hero 3″ and “Call of Duty 4″ video games made up for a complete lack of new releases.
The two games, released late last year, drove Activision to a profit, excluding stock-based compensation costs, of just under $55 million, or 17 cents per share, more than triple the average expectation of 5 cents among Wall Street analysts on Reuters Estimates.
