Fumanchu on 06 January 2009
1 billion profit averages out to a measly 41.6million bump in profits each quarter over the last 6 years. Better than a kick to the teeth. If the majority statement is correct and they're now making money on the hardware too they should be raking in some healthy profit margins this year.
Lets say they sell to retailers or make ~$30 each premium member x 8.5million members = ~255 million revenue + growth in install base + content downloads. If the 31% premium member to install base stays true, 360 should be up around 40 million install base EOY and then have ~12million gold subscribers = ~360 million revenue - with no hefty initial infrastructure fee or absolving hardware losses they'll make billions by the end of this generation.
