Hacker News new | ask | show | jobs
by ucaetano 3890 days ago
Q1-2016?

Are you from the future?

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

In the first 3 weeks.

2 comments

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 :)