ET:QW Delayed to Fiscal Year 2008

It has been mentioned in Activision's Third Quarter Fiscal Year 2007 Preliminary Results that the release of Enemy Territory: Quake Wars has been pushed back into the 2008 fiscal year.

QuoteThe company believes that its fourth quarter results will be significantly impacted by higher legal expenses relating primarily to its internal review of historical stock option practices, including expenses relating to the previously announced informal SEC inquiry and derivative litigation, and its decision to move the release of Enemy Territory(TM): QUAKE Wars into fiscal year 2008.


Note: The 2008 fiscal year for Activision begins 1st April 2007.

What is a fiscal year? Any continuous 12 months, which is used by a business or government as its annual accounting period. The US government fiscal year ends on September 30. A fiscal year is designated by the year it ends. For example, an April - March fiscal year 1993 ended on March 31, 1993 and began on April 1, 1992.

Source: Activision