the flaw in your argument faz is that you can't translate cash burn from the previous financial year when it was all R& D and production costs to the current position. They have a product now - they may be making little or nothing currently on the hardware but there is decent profitability on the games. Obviously, they need to get a decent number of consoles sold to benefit from the profits flowing from the software. Only a snapshot, I know,but I checked the stores where I live (aberdeen) for the week leading up to Xmas today, having counted the stock last weekend. Toys'R'Us have sold 7 consoles, Argos 3 and good old Woolies 1. This really tells me nothing about national sales figures but is the best weekly figures from Toys'R'Us I have seen since launch. Seems to be higher up the sales figures at Amazon too. Anyway, happy xmas to all holders!