Pixar Profit Up 70 Percent
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Pixar Animation Studios Inc.  PIXR.O on Thursday reported that third-quarter profit rose 70  percent in the quarter before the release of its new hit, "The  Incredibles."
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The personal computer maker said its net income increased to $733 million, benefiting from lower costs for disk drives, microprocessors and other components.
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Disney/Pixar&#39;s The Incredibles has taken $70.7 million (Â£38.1m) in its opening weekend in the US, making it the best ever three-day weekend total for film released by Disney.
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Buoyed by the strong performance of ESPN and its other cable channels, the Walt Disney Company said yesterday that its profit rose 24 percent in its fiscal fourth quarter.
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Animator Pixar reports a 34% fall in profits - but earnings are ahead of estimates thanks to the success of its latest film The Incredibles.
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The Incredibles lived up to their name, taking the top slot at the weekend box office with a massive estimated $70.7 million in ticket sales, the Associated Press reported.
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The computer-animated family movie &quot;The Incredibles&quot; struck a resounding chord this weekend, taking in an estimated $70.
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Mattel Inc. , the largest U.S. toy maker, posted higher second-quarter profit on Monday, helped by increased sales of its Wheels and Fisher-Price toys.
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Pixar Animation Studios reported higher third quarter earnings Thursday on home video sales of its five animated films, most notably last year's hit "Finding Nemo."
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Adobe Systems Inc. , the  top maker of graphic and Web design software, reported  quarterly net profit rose 24 percent, aided by recent upgrades  to its two big product lines.
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A strong performance by Walt Disney's TV channels offsets weaker movie revenues, pushing fourth-quarter profits up by a quarter.
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Walt Disney Co. quarterly profit rose 24 percent on Thursday as stronger cable television results and a tax benefit more than made up for a sharp slowdown at Disney&#39;s movie studio.
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Computer animated movie superheroes &quot;The Incredibles&quot; topped domestic box office charts over the weekend, raking in $70.
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Disney's middle-aged  road trip comedy "Wild Hogs" took in more money than initially  estimated at the North American box office last weekend,  grossing a staggering $39.70 million over the three-day frame.
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Get lost, Nemo. Pixar Animation's new film "The Incredibles" topped weekend box office charts with &#36;70.7 million in domestic ticket sales to break records for Pixar partner Disney and beat their previous smash hit "Finding Nemo."
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Third-quarter profit rose 11 percent to $640 million, helped by growth in fees from asset management and providing back-office services to institutional clients.
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Mattel Inc MAT.N on Monday said  fourth-quarter earnings rose 33 percent, as the maker of Hokey  Pokey Elmo and Matchbox cars benefited from a settlement with  the Internal Revenue Service.