kowenicki said:
Seece said:
"Microsoft sold 6.3 million XBox 360 consoles during the holiday season, and 8 millon Kinect controllers in the first 60 days after launch. Memberships of its premium XBox Live online service grew 30 percent in the second quarter of its 2011 fiscal year, according to the company. Microsoft is expecting 50 percent growth in its entertainment division in the third quarter, and 40 percent overall for its 2011 fiscal year."
IF they are talking about HW. That means they expect
Q3 (Q1 2011) - 50% up is 2.3 mill, up 750k from 1.5 mill last year.
BUT, this is where it goes off ... they expect overall 40% increase in 2011 over 2010.
Fiscal year 2010 was 10.3 mill, so 40% up would be up 4.1 million, to 14.4 million. So they expect 2.3 next Q and 3.0 mill the following Q?? lol
Hope someone can clarify.
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They are talking revenue.
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No they aint, I corrected.
They expect
Q1 - 1.5 (2010) to 2.3 mill (the 50% increase)
Q2 - 1.5(2010 to 3.0 mill (overall 40%)
These figures fit, obviously Q1 is going to see an increase, and in Q2 they'll have stock sorted out.
40% increase in profit would be $920 million, so obviously not profit. Revenue doesn't match either.