HappySqurriel on 08 July 2008
| jkimball said: I disagree with the initial assumption that PSP 'start up costs' means each PSP sold at a loss. It doesn't mean that. It just means there were start up costs, building inventory, advertising, etc. And bonus points for sony for making their statemtns as confusing as possible. Fiscal Years are usually named for the year in which they end. Jan 1 2001 to Dec31 2001 would be FY2001. Mar 1 2001 to Feb28 2002 would be FY2002. On Sony's SEC reports they do that, "Fiscal year Ended 2008" http://www.sec.gov/Archives/edgar/data/313838/000114554908001104/k01608e20vf.htm#145 But on their own web site, they refer to the same document as FY2007: http://www.sony.net/SonyInfo/IR/financial/fr/viewer/07q4/ Nice. |
The fiscal year naming conventions are standard ... Sony's fiscal period goes from April 1st one year to March 31st the next year, and (by standard naming conventions) it is refered to as the fiscal year that the period ended in.
