Saw this over on the Orlando Sentinel online. Looks like a very good end of year for Disney:
A new cruise ship and improving theme park trends helped drive double-digit profit growth for the Walt Disney Co. during the final three months of 2011.
The Burbank, Calif.-based entertainment company said Tuesday that it earned $1.5 billion during the three months that ended Dec. 31, a 12 percent increase from a year ago. Total sales inched up 1 percent to $10.8 billion for the quarter, the first of Disney's fiscal year.
Disney's theme-park division, often viewed as a barometer of national consumer spending, set the pace. Operating profit at Walt Disney Parks and Resorts jumped 18 percent, to $553 million, on sales that rose 10 percent, to $3.2 billion. Both increases were the biggest at any of Disney's five main segments, which also include television networks, a movie studio, consumer products and interactive media.
