Gamers who love Activision for Call of Duty and Guitar Hero have some company on Wall Street today after the company reported a 90% earnings surge and an 80% bump in sales for the quarter ending Dec. 31, reports MarketWatch. The company reported net income of $272.2 million, up from $142.8 million a year ago, and revised its forecast for the current quarter upward.
Strong holiday sales helped the company claim the top spot in US video game sales from perennial No. 1 Electronic Arts, reports the LA Times. Activision claimed a 17.7% market share compared to EA’s 15.2% in 2007. A pending $18 billion merger with World of Warcraft developer Vivendi should be wrapped up in the first half of this year.