Activision has today announced that after the publisher’s Call of Duty: Modern Warfare 3 broke entertainment sales records following release by generating $400 million on day one of availability, the shooter has managed to rack up a whopping $1 billion in revenue in just 16 days.

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The results of Epic and Microsoft’s Gears of War 3 campaign are in, and depending on the kind of virtual (or real) shirt you bought, you’ve gone and sealed the fate of one Clayton Carmine, as well as help to raise $150 000 for the Child’s Play charity.

What on earth am I yammering on about? Let’s start over.

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Ubisoft has released its full fiscal year financial results for the 12 months ending March 31st, reporting a 17.7 percent drop in sales compared to last year, down to $1.08 billion (€871 million), with an additional drop in profits, down by 5 percent to $54.02 million (€43.7 million) compared to the year previous.

Ubisoft CEO Yves Guillemot blamed “[the] global economic crisis” for poorer than expected performance, which he reckons had “a pronounced impact on the video game industry in 2009, which contracted by nearly 10 percent year-on-year.”

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