3 ms·
There's a major difference between "a product that absolutely nobody is buying" and the revenue reported in the eight most recent quarters: $672MM (Q1-2016), $8
by djloche 11y ago
There's a major difference between "a product that absolutely nobody is buying" and the revenue reported in the eight most recent quarters: $672MM (Q1-2016), $888MM (Q4-2015), $713MM (Q3-2015), $1100MM (Q2-2015), $908MM (Q1-2015), $409MM (Q4-2014), $500MM (Q3-2014), $893MM (Q2-2014).
(to note, Q2 is their oct-nov-dec quarter)
~$6Billion in revenue means absolutely someone is buying Surface products.
- ucaetano 11y agoQ1-2016? Are you from the future? And for comparison, the original XBox sold $300M. In the first 3 weeks.
- djloche 11y agohttps://www.microsoft.com/investor/EarningsAndFinancials/Earnings/PressReleaseAndWebcast/FY16/Q1/default.aspx https://www.microsoft.com/investor/EarningsAndFinancials/Ear... In case you weren't aware, Microsoft released their 2016-Q1 earnings recently.
- ucaetano 11y agoGood point, I should have paid more attention to the dates, not just the numbers :)
- gamblor956 11y agoThe year (2016) refers to the calendar year in which Microsoft's fiscal year ends (Jun 2016). Many, but not all, companies use a standard fiscal year of Jul-Jun rather than a calendar year of Jan-Dec for financial reporting and tax purposes. Thus, Q1 2016 means the quarter ending Sep 30, 2015, for Microsoft's fiscal year ending Jun 30, 2016 (which began Jul 1, 2015).