"There are over 100,000 G3's units sold in Europe so far, which represents about 336,000 G3's units have been sold in total (if we assume there is 25% of revenue from Europe, and 1/2 of sales in Europe before January as opposed today's). There are still about 10 days to close the Q2, well, probably another 50,000 units may be sold. Therefore, the total volume would be around 386,000 units sold in Q2."
The 100,000 G3 in Europe is just a rough figure so any analysis based on it is probably only good for entertainment purposes. But I can't quite follow how you arrived at the 336,000 G3s in Q2 figure... assuming Europe is about 25% of the market.
Method #1
133,000 G3 total in Q1
Eurpoe = 1/4 = 33,250 G3 in Europe in Q1
100,000 -33,250 = 66,750 G3 in Europe in Q2 so far
66,750 X 4 = 267,000 units of G3 total for Q2 by this estimate.
Method #2 (same thing)
100,000 G3 in Europe since intro
4 X 100,000 = 400,000 approx total G3s since intro.
400,000-133,000 in Q1= 267,000 units of G3 for Q2.
Personally I think G3 shipment this Q should easily exceed 300,000 but the calculation above doesn't quite support that.
In any case, I dug up an old email from Hugues back in Jan. It said that 50,000 G3s were ordered in Q1. 35,000 were shipped. So I guess we have about 100,000-35,000= 65,000 new orders of G3s in Q2.
Eric |
