Train wreck said:
If you read their current earnings report, youd see they sold thru 84% of their Udraw stock and plan to have it gone by the end of this fiscal year (Mar 2013), they shipped 130k this past quarter. They dont have 1.4 mil in stock. |
The 1.4mil in stock came from THQ themselves in February. If they only shipped 130k this last quarter they are still way over a million.
Not only this but no where in their report does it state they sold through 84% of their stock. It states and I quote '' Based upon sell-through in North America of approximately 84 percent of units shipped''
So in North America 84% of units that had already been shipped have been sold. Units that have been shipped is expressely not units that THQ itself has in stock.
They do state they plan to get rid of all them this fiscal year but honestly that is being optimistic. Over a million when they will be competing with the Wii U? Not likely.







