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Sqrl said:
llewdebkram said:
Phalanx said:
First Quarter reports for all three companies should be out soon. I believe MS released theirs last week, but I don't remember the number they reported.

Are the companies required to tell the truth?


Not sure about other countries but yes, public statements about sales and earnings must be accurate. Intentionally falsifying this type of information gets you busted Enron style.


Yep, as you said.  However, their advertised figures throughout the rest of the year can be anything from creative wording to blatant lies.  For example, Microsoft said they sold 10 million 360s by the end of last year, but what they really meant was they had sold 10 million 360s to retailers by the end of last year, and it was misinterpreted by many gamers.  Sony and Nintendo both do the same.  Quarterly reports will probably however not show what the stores have sold as it's really not part of the company's earnings.