Kotick also said that operating expenses shifted into the June quarter will help its revenues for the March quarter come in higher. Despite the good news, however, the CEO aimed to assure investors that the company is remaining careful.
"It is always helpful to begin a year with great momentum," said Kotick. "However, we remain cautious about the economy and consumer spending and the fact that the majority of our games are not expected to launch until the fall."
Jeff Brown, VP of corporate communications at Activision rival Electronic Arts, commented on the news in light of the high-level firings at Modern Warfare 2 developer Infinity Ward: "This is kind of like announcing: The race horse I shot last month has won the Triple Crown!"