| Soundwave said: Yes and no. They technically are up through three quarters in net income, but they are still forecasting an operating loss of $220 million for the full fiscal year. Meaning their game business still is not technically profitable, the reason they will be able to break even (barely) this year is because of the yen shifting into a more positive position. Has nothing to do with their game division growing. Also they slashed forecasts for basically all their hardware and software quite significantly. It's one of those "could've been worse" scenarios, but yeah, hopefully they are learning a lesson or two without getting burned too badly. The stock price is not likely to be pretty today in Japan. |
Yeah, I noticed that their Operating Income was down. But that was really the only thing, everything else on that list was up and hopefully the OI will follow suit.
And I noticed that they decreased their predictions. Some were pretty crazy in the first place.
