| drkohler said:
So I am figuring there is some vital data hidden inside the bulk of data that can explain the massive losses in Q2 (maybe some of it hides in the inventory that increased by $800mio compared to last quarter).
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i think you got the key with this. they started stockpiling for holiday season and have now spent about 800 million dollars on bulding stocks of psp and ps3 which will get sold in holiday season (so they had to pay it in q2 quarter but will gain money of it in q3, which makes q2 number look worse and q3 number probably look better).
thats the part in the report that covers that
Inventory, as of September 30, 2008, was ¥243.2 billion ($2,338 million), which represents a ¥4.6 billion
decrease compared with the level as of September 30, 2007. Inventory increased by ¥83.7 billion, or 52.5%,
compared with the level as of June 30, 2008, due to increased inventory of PS3 and PSP hardware for the
holiday sales season.
