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by djloche 3890 days 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.

1 comments

Q1-2016?

Are you from the future?

And for comparison, the original XBox sold $300M.

In the first 3 weeks.

The 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).

https://www.microsoft.com/investor/EarningsAndFinancials/Ear...

In case you weren't aware, Microsoft released their 2016-Q1 earnings recently.

Good point, I should have paid more attention to the dates, not just the numbers :)