fiscal-quarter
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Sega expects profits in fiscal Q4 2010 forecast
Sega recently posted quite the surprise for its investors: a revised earnings forecast. In an interesting turn of events, Sega has foregone the doom and gloom of having to admit it will likely earn less money during its Q4 2010 forecast -- the period between December 2009 and March 2010 -- for something a bit more on the cheery side: profits! First, Sega estimates net sales of ¥380 billion ($4.08 billion), a 9.5 percent decline from its previous estimate of ¥420 billion ($4.51 billion) -- wait, we thought we had good news in here? Aha! Here it is: net income. Sega previously forecast net income of ¥15 billion ($161 million), but has now adjusted that to ¥18 billion ($193 million). This spontaneous spike in cash money is attributed to "improved profit margins in the pachislot and pachinko machine business and amusement machine business." We imagine sales of Bayonetta and Aliens vs Predator also helped. And in case you're wondering what the difference between net sales and net income is: Net sales accounts for the total profits a company makes based on the products it sells, while net income takes into account net sales and other operating costs, such as licensing fees and taxes. [Via GameSpot]
Nintendo makes boatloads of money during fiscal Q1 [update]
To the surprise of, well, no one, Nintendo had a pretty stellar first fiscal quarter of 2008, raking in a net profit of nearly 1 billion dollars (107.2 billion yen). Wii hardware was responsible for $5.17 million of that profit, which is an increase of almost $1.75 million from last year's fiscal Q1. Meanwhile, Wii software raked in $40.41 million (up $24.42 million).Mario Kart Wii and Wii Fit were part of the reason for this software success, since in the quarter Wii Fit sold 3.42 million copies and Mario Kart sold a whopping 6.42 million units. And, if you weren't yet convinced that Nintendo deserves the "printing money" meme, the company is projected to bring in a net profit of about $3 billion dollars for the year. We don't know about you, but our own wallets and bank accounts are growling with envy.Update: Fixed some typos. Thanks for the heads up, Sonic_13![Via NeoGAF]
Apple releases 1Q results for 2006
Spoiler alert: It's going well. Apple recorded its highest earnings in the company's history during the fiscal quarter that ended on December 31, 2005. Apple claimed $5.75 billion in revenue and a net quarterly profit of $565 million during the 14-week quarter. They sold 1,254,000 Macs and 14,043,000 iPods, representing a 20% growth in Mac sales and 207% growth in iPod sales from a year ago.In other news, I found six bucks in my jacket pocket today and was really excited about it. Me and Apple: Same planet, different worlds.
