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Forums - Gaming - When a company's release schedule says "Q4" when does that mean?

Cobretti2 said:

Good question.

It be easier to follow universally if it was calendar year as different countries have different financial years

Financial years has nothing to do with countries



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I would say their 4th financial quarter, if they were going to use calendar would make more sense to say the season.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

RolStoppable said:

You can derive it from the context and the given company's history. It's either calendar year or financial year, the latter doesn't necessarily end with January to March. It's just that most companies use an April to March period to define their financial year. A different example is Microsoft whose financial years run from July to June.

My company (and USA government from what I heard) have the financial year starting in October so Q4 would be July-Aug-Sep.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

SKMBlake said:
Cobretti2 said:

Good question.

It be easier to follow universally if it was calendar year as different countries have different financial years

Financial years has nothing to do with countries

Yes they do. Each country defines their 12month period for what they deem to be a financial year.

https://en.wikipedia.org/wiki/Fiscal_year



 

 

Cobretti2 said:
SKMBlake said:

Financial years has nothing to do with countries

Yes they do. Each country defines their 12month period for what they deem to be a financial year.

https://en.wikipedia.org/wiki/Fiscal_year

But companies may decide they fiscal year independent of what the country they are in.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

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Cobretti2 said:
SKMBlake said:

Financial years has nothing to do with countries

Yes they do. Each country defines their 12month period for what they deem to be a financial year.

https://en.wikipedia.org/wiki/Fiscal_year

No, companies can decide when their fiscal year starts and ends. Your wikipedia page mostly refers to the government fiscal year, which isn't related to the topic.

And setting up companies and deciding their fiscal year is basically my job.



QUite often it means not 2-3 years from now.



It depends on the publisher. For some, it's the holiday season, for others, it's January through March.



Shadow1980 said:

I have never understood why fiscal years don't align with calendar years. I mean, why start it on April 1 or July 1? What's the point?

I just know that some country educational calendar year is also odd because they align with season, so while our school year and sports calendar is from january to december on the same year USA go for mid of one year to mid of the other.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

Shadow1980 said:

I have never understood why fiscal years don't align with calendar years. I mean, why start it on April 1 or July 1? What's the point?

It has a lot to do with the seasonal nature of that particular business and when the majority of there income come in.  The end of your fiscal year affects when you are required to pay taxes.

For example

It also affects when they report information to stock holders etc.