But can you imagine what will happen to the share price if a result anywhere near that is reported in early November?
$45m LOC available on 9/1. Assuming it was all spent on RB4, and earned a 20% gross margin, would imply $56 million in RB4 sales. An average wholesale of $100 per RB4 unit gives 562.5k units shipped. Not likely, but it does provide an upper bound for RB4.
By launching early, Harmonix/MCZ gave themselves 7 weeks to get adequate stock onto shelves for black friday / cyber monday. A lesson learned from RB3 probably..
My guess is that MCZ shipped them all the stock they had available. What was MCZ's available total cash and credit line leading up to today? $25m? Assume an average cost of $80 per SKU means MCZ had 312.5k units total to ship. Divide that 15k physical store locations (all chains), AND online pre-orders, AND non-US sales. Stock is tight.
there may be stock in local stores, but I doubt it.
You make a solid point. Better to get that warrant overhang (whether real or perceived) off the table early.
I miscalculated when adding in stand-alone and dongle sales. My revision is $48m in revenue, but still $0.03 eps.
Small changes in revenue and/or gross margin can have big eps impact at these anticipated sales levels. Could be a blow out quarter, or barely squeak out a profit.
regarding revenue and earnings? Earnings were reported on 11/6 last year.
Which means the momo's will begin showing up en mass shortly. It's about to get interesting here!
Well those should sell out quickly lol. I wonder how many are in the stock room.
So how many of each SKU were on the floor?
doesn't say "Want to receive this the day it comes out?" I take that to mean that at least some of Amazon's distribution centers have their allotment spoken for.