Publisher Activision Inc. strummed in their 1st quarter earnings on Thursday to the tune of $27.8 million. That kind of green can buy enough web fluid for at least a few more Spider-Man videogame sequels.

The publisher shipped more than 8 million units of their new releases in the first quarter and are currently ranked as the number one independent software publisher ahead of videogame giant EA.

“We are very excited about our business and for our prospects for the year,” said Activision Chief Executive Robert Kotick in an interview.

Guitar Hero II and Spider-Man 3 helped to get Activision there, but with EA’s annual Madden release, they are going to need a strong second quarter to stay there. Duty calls, and Activision believes they are well equipped to answer.

Source: Forbes

Tags: Activision, Call-of-Duty-4:-Modern-Warfare, EA, Guitar-Hero-2

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