SlorgNet on 31 January 2008
| shams said: The comment on inventory is also telling - they have $1.6bn of "finished goods" sitting in their warehouse, waiting to be shipped. This is a 77% increase on the figures from 12 months ago. So in short - they are making hardware much faster than they are selling it (although the inventory did drop over the Xmas qrt, as expected). |
Not at all - that's a simple statistical artifact, the result of PS3 sales substituting for PS2 sales. Monthly sales of the PS3 are finally higher than monthly sales of the PS2, so of course inventory costs are higher. A PS3 costs at least three times as much as a PS2 ($399 versus $129). But not to worry, monthly sales of the PS3 have nearly doubled since last January.
