| Wlakiz said: I said the yen deperciation would not have much affect on Sony's performance in Q4. Sony's revenue comes from shipping consoles to distrubutors. Most of the shipment transcations would have happened in november in preperation for the xmas holiday - hence it would be using November's exchange rate over december's aka before the big spike? |
and also to replenish supplies.
Well, we won't know how many were shipped in December specifically, but they had shipped 6m during oct-jan. Either way, no matter what, Sony at least made an extra 5% on hundreds of millions, if not many billions (as a whole company), and 5% of that is quite a bit. Q3 2012 saw 23 billion in revenue. Even if we were to assume that they shipped everything in october, that would result in something like 1B in additional revenue.
Seeing as how they were only down 200~m $ in last quarter, I'd be very surprised if they didn't show a profit this quarter, and likely within the margin of the offset currency rate.
Note: The past year or so I have consistently called their earnings as being negative and been right, even when they were predicted to profit.
