Was there any change in the performance 360 hardware unit sales and software sales relative to what you anticipated?
Definitely the hardware sales have increased each of the last three or four weeks and especially with the launch of Gears of War, the firm has seen a tremendous uptick in 360 hardware.
Do you think that''s inline with seasonal patterns or is that exaggerated because of Gears of War?
The management believes that the driver right now is Gears of War. The seasonality starts on the hardware this week.
Can you comment on where you are with your used inventory levels compared to what your targeted used inventory level is? Are you still below what you would like to be at?
The firm had a target and it reached that target. The firm always below where it wants to be especially heading into the fourth quarter, where the firm has tremendous sell-through of what it has in-stock. The firm was promotional in the third quarter to buyback inventory, to reach its goals for the beginning of the holiday season and it met that goal.
What are your thoughts with regards to the two class of stocks? Is there any possibility of eliminating the B shares?
The company’s board discussed the possibility of combining A&B shares at its last meeting as the company had lot of request from B shareholders. More work needs to be done, but if and when there is anything to report, the firm will release the information to the public. |