THQ 2006 Annual Report Download - page 49

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41
The increase in sales of video games for Game Boy Advance in fiscal 2005 was primarily attributable to
increased sales of our Disney/Pixar and SpongeBob SquarePants brands as compared to sales of those
brands in fiscal 2004, as well as strong catalog sales in fiscal 2005 as compared to fiscal 2004. These
increases were partially offset by the release of fewer titles in fiscal 2005 as compared to fiscal 2004. We
released 19 SKUs duringfiscal 2005 compared to 33 SKUs during fiscal 2004.
Nintendo Dual Screen. We released Ping Pals for the Nintendo DS portable game system (“Nintendo
DS”) in December 2004.
Wireless Net Sales (in thousands)
Year Ended
March 31,2005% of net sales
Year Ended
March 31,2004% of net sales % change
$24,613 3.3 % $6,8601.1% 258.8%
Wireless revenues consist primarily of sales of wireless games, ringtones and wallpapers. Through our
controlling interest in Minick, we also derive wireless revenue by providing SMS voting, information and
wireless marketing campaigns.
Wireless net sales increased by $17.8 million during fiscal 2005 compared to fiscal 20 04. The increase in
wireless net sales was due to:
•strong sales of games based on major sports leagues, Nickelodeon, and Moto GP;
•our acquisition of the controlling interest in Minick; and
•increased installed base of wireless handsets with gamecapabilities in the wireless gaming market.
PC Net Sales (in thousands)
Year Ended
March 31,2005% of net sales
Year Ended
March 31,2004% of net sales % change
$86,66711.5% $ 7 4,934 11.7%15.7%
Net sales of PC products increased to $86.7 million for fiscal 2005 from $74.9 million in fiscal 2004, an
increase of 16%. PC sales in fiscal 2005 were primarily driven by:
•sales of products targeted at the core gamer Full Spectrum Warrior and Warhammer 40,000: Dawn of
War;
•sales of Disney/Pixar’s The Incredibles andThe SpongeBob SquarePants Movie; and
•strong catalog sales.
The increase in fiscal 2005 compared to fiscal 2004 was primarily due to Full Spectrum Warrior and
Warhammer40,000: Dawn of War. In fiscal 2004, sales were primarily driven by the strong performance of
Disney/ Pixar’s Finding Nemo and international sales of Broken Sword 3.
Additionally, we released 67 PC titles published by our ValuSoft division, including World Poker
Championship, during fiscal 2005, and we released 52 PC titles published from our ValuSoft division in
fiscal 2004.
Other Net Sales. Other net sales primarily consist of sales from older platforms. Fiscal 2005 and 2004 are
primarily made up of sales from Sony PlayStation products.