Sony Q1 Earnings Announcement - Sony is doom3d!

[Zenien]

lol

Earnings Release (PDF)
Supplementary Material for Electronics (PDF)
Presentation Slides (HTML)

Fiscal year 2007 is from April 2007 to March 2008


No more production shipments. Recorded sales only now!

Sales and operating revenue increased 13.3% over same quarter last year to $16 billion
Operating income increased 267% over same quarter last year to $808 million

Game Division
Sales increased 60% over same quarter last year
Q1 2007 operating loss of $237 million primarily due to PS3

Sales and operating revenue:
in billions of yen, millions of USD     
Q1 FY06     ¥122.5 
Q1 FY07     ¥196.6    $1,598

Operating income (loss)
in billions of yen, millions of USD
Q1 FY06    (¥26.8)
Q1 FY07    (¥29.2)    $(237)

"Inventory s of June 30, 2007, was ¥227.0 billion ($1,846 million), which represents a ¥105.0 billion, or 86.1% increase compared with level of June 30, 2006. This increase was primarily to due to buildup of finished goods inventory following the introduction of the PS3 platform in Japan, North America, and Europe. Inventory increased by ¥28.2 billion, or 14.2%, compared with the level as of March 31, 2007."

Reuters

 

[A.J.Rimmer(BSC)]

NUMBERS!!!!!! But what does it all mean?