PS3 shipped less than I was originally expecting (2m), but this is possibly due to them clearing the channel of the 40Gb model. They certainly seem to have shipped less to retailers than was sold by retailers in the quarter.
PSP seems to be the opposite, it looks like they shipped more to retailers than was sold by retailers in the quarter.
Great software shipments for PS3, which should be expected with such big releases in the quarter, I think they're going to have to raise their PS3 software forecast, and decrease their PS2 software forecast.
$51m operating income is very good for Q1, clearly PS3 is losing a lot less money now. It's a big turn around. Maybe by FY08 Q3 PS3 could actually be profitable.
It will be interesting to see how many PS3s they ship in Q2 after restocking the channel with the new 80Gb model. MY guess is not that much as it's not getting shipped until the last third of the quarter.
I'm going to forecast 1.2m PS3s for FY 08 Q2.
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