THQ 2005 Annual Report Download - page 60

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37
also due to the higher installed base of Xbox hardware compared to the twelve months ended March 31,
2003. In total we released 16 SKUs for Xbox during fiscal 2004 compared to 5 SKUs in the twelve months
ended March 31, 2003.
Nintendo GameCube Net Sales (in thousands)
Year Ended
March 31, 2004% of net sales
Year Ended
March 31, 2003% of net sales % change
(Unaudited)
$61,356 9.6% $ 5 1,468 11.0% 19.2%
Net sales of video games for GameCube in fiscal 2004 included releases of WWE Wrestlemania X9,
SpongeBob SquarePants: Battle for Bikini Bottom and the launch of our original title, Tak and the Power of
Juju. We released 11 GameCube SKUs during fiscal 2004 compared to 10 SKUs in the twelve months
ended March 31, 2003. Net sales for fiscal 2004 primarily increased due to strong sales of Disney/Pixar’s
Finding Nemo.
Handheld Platforms
Net sales growth for fiscal 2004 was also driven by the increasein handheld sales, which increased 53% to
$169.0 million from $110.3 million in the twelve months ended March 31, 2003.
Nintendo Game Boy Advance Net Sales (in thousands)
Year Ended
March 31,2004% of net sales
Year Ended
March 31,2003% of net sales % change
(Unaudited)
$162,109 25.3 % $ 1 08,353 23.2% 49.6%
Net sales of video games for Game Boy Advance primarily increased in fiscal 2004 due to strong sales of
Disney/Pixar’sFinding Nemo . Other significant releases for fiscal 2004 included: SpongeBob SquarePants:
Battle for Bikini Bottom, Tak & The Power of Juju, Sonic Battle and Banjo Kazooie. The increase in net sales
was also due to the higher installed base of Game Boy Advance hardware as compared to the twelve
months ended March 31, 2003. The increase in hardware sales is due in part to Nintendo’s launch in
March 2003 of the Game Boy Advance SP, which is a front-lit screen version of their Game Boy Advance
platform. In total we released 33 SKUs for Game Boy Advance during fiscal 2004 compared to 24 SKUs in
the twelve months ended March 31, 2003.
Wireless Net Sales (in thousands)
Year Ended
March 31,2004% of net sales
Year Ended
March 31,2003% of net sales % change
(Unaudited)
$6,860 1.1 % $1,944 0.4% 252.9%
Wireless net sales, which consisted primarily of sales of wireless games, increased in fiscal 2004 primarily
due to our increased product offerings and greater distribution across the cellular carriers.
PCs
Net sales of PC products in fiscal 2004 also contributed to sales growth. Net sales for fiscal 2004 increased
52% to $74.9 million from $49.3 million in the twelve months ended March 31, 2003.