Microsoft and Sony Earnings
so, now that everyone is talking about microsoft’s earnings, official xbox 360 sales, et al, i thought i would mention something.
net income for the microsoft’s q4 was $3.65 billion. wow. that’s alot.
to compare, sony’s recent earnings announcement (which was good, thank god) elicited such exclamitory statements as “Stringer’s Sony Startles With Strong Profit” and “Profit Jumps at Sony” and “Sony’s Net Climbs 18% to Record; Competition Might Curb Outlook” were less than half of microsoft’s net income at $1.5 billion.
what really is interesting in all of this is their profit vs. revenue comparisons for the same quarter.
- $66.5 billion gross revenue
- $1.5 billion net earnings
- 2.2% profit.
- $11.8 billion gross revenue
- $3.65 billion net earnings
- 31% profit
microsoft has 15x the money to throw around to make the xbox 360 work. they have 15x the money to push into the living room. they have 15x the money to float them through to a ‘convergence’ victory.
p.s. i was just thinking i should qualify “15x the money” as effectively “wiggle room.” meaning, earning potential. meaning cash in the warchest. meaning shareholder love. not necessarily representative of the ‘only’ 2.4 times the literal profit.