Hollywood's box office frown has just turned upside down.  After "The Karate Kid's" impressive opening at No. 1 last week, Pixar's "Toy Story 3" exceeded expectations with a massive $41 million on Friday.  

The critically acclaimed third installment in the "Toy Story" series should do anywhere from $120-130 million this weekend depending on how strong Father's Day business turns out to be.  Based on word of mouth and inflated 3-D ticket prices, "Toy Story 3" has an excellent chance of becoming the highest grossing film of the year.

In second place with another solid $8,9 million was Sony Pictures' "The Karate Kid."  The remake of the 1984 classic has reached a whole new audience and should pass the $100 million mark sometime early next week.  Is $200 million out of the question?  Maybe, but it might come very, very close.

Friday's other debut was the much maligned "Jonah Hex."  The DC Comics hero couldn't shoot very straight on the big screen finding only a tepid $2 million on Friday.  For the weekend, "Hex" is looking at $7-9 million at best.  Eek.

"The A-Team" pulled in another $3 million (so much for hitting $100 million), "Shrek Forever After" made $2.5 million (still in the top 5), "Get Him to the Greek" scored $1.8 million (still chugging along) and "Killers" was right behind with $1.7 million (it just won't die).

Look for complete box office estimates Sunday on HitFix.